Special Holiday Episode

• https://www.salestuners.com/making-a-list

Sponsor

• Costello - What if every sales rep inherited the habits of your best rep? With Costello, they do.

Takeaways

1. Ask Direct Questions About the Sales Process: Buyers that are interested and want to actually buy are more forthright with information than you may think. They want you to know what has to happen, but it’s your responsibility to ask, and you need to be direct about it. For instance, the last time you bought something like this, what did that process look like? Did you buy alone or were other people involved? How long did it take? Knowing these details can help you understand not only what’s real, but also how to accurately forecast your pipeline.
2. Arm Your Buyers to Help Them Buy: No, I don’t mean white papers or any collateral that marketing has put together. I mean, understanding what problems they are actually trying to solve, use cases they’re thinking about, or concerns they have about selling internally. Then, connect them with customers who have bought from you in the past. From a prospecting standpoint, you may even be able to host a dinner or event where you can get multiple buyers in the salesroom that have similar problems and let them talk about it with each other. Building these relationships when you’re not trying to sell them anything is even better long-term.
3. Know Your Funnel Math Equation: This still ceases to amaze me, how many people don’t know the math behind their quota or pipeline. So much, that I actually created a workbook for it that you can get at SalesTuners.com/roadmap. It’s quite simple. What is your average contract value? How many of those deals will it take to meet your quota, whether monthly, annually or quarterly? What’s your winning percentage on the opportunities you create? How many prospects do you have to talk to in order to create one opportunity? Once you know this formula, you put together a plan to 2X or even 3X your output.

Full Notes

• https://www.salestuners.com/frank-schneider

Book Recommendations

• The Catcher in the Rye by J.D. Salinger
• Drown by Junot Diaz
• BUYology by Martin Lindstrom

Sponsor

• Costello - What if every sales rep inherited the habits of your best rep? With Costello, they do.

Takeaways

1. Empathy Saves Time: I know it sounds counterintuitive, but slowing down a sales process can often times speed up the deal. If you lean into your prospect and get a good emotional intelligence read, the empathy you show gets them to open up about their actual concerns.
2. Get to “No": When you are leading your prospect to say “yes," they get worried about what they are committing to and anxiety creates confusion. But, when you get them to say “no,” they feel protected and they have the illusion of control. Once a person says “no,” they’ll likely give you implementable context to move the deal forward.
3. There’s Always a Favorite and a Fool: If you can’t get the scope of your prospect's problem, you need to realize they never envisioned you in that solution. In every deal, there’s a favorite and a fool. The fool is often used to drive down the price on the favorite and expose their weaknesses. Thus, you should be looking for proof of life in every opportunity.

Full Notes

•  https://www.salestuners.com/chris-voss/

Book Recommendation

• Barking Up the Wrong Tree by Eric Barker

Sponsors

• Costello - What if every sales rep inherited the habits of your best rep? With Costello, they do.

Takeaways

1. It Doesn’t Matter What You Want: There's nothing that frustrates buyers more than getting cold messages that are all about you. You know the ones I’m talking about… where every paragraph, or maybe even every sentence, starts with “I.” I hope, I just, I wanted, I think, I, I, I, I. Again, it doesn’t matter what you want. Take two minutes to find something personal about the person you’re reaching out to. If for some reason, you can’t find anything, make the message about their situation without making a request of their time. Try asking a question that could start a conversation, instead.
2. There’s No Cookie-Cutter Approach: Similar to Ryan, I’ve studied the majority of different sales methodologies out there. I tend to favor some over others, but I’ve pulled something out of everything I’ve learned and applied it to the relevant situations. I very much liked Ryan’s notion of knowing different methodologies being similar to being able to speak multiple languages. That way, whether you’re prospecting, opening up discovery, doing a demo, or negotiating an enterprise deal, you have the right framework for every step in the process.
3. Mirror Your Customer: How many times has a prospect tried to cut you off in the discovery and said, “just show me the product?” It happens, I get it. My biggest piece of advice for you here is to understand where your lead came from. If it was inbound, understand there may be something specific they’re looking for. Earn the right to ask questions by giving them chunks of content that build a story. If they were an outbound appointment set, realize you still have to get them interested. Maybe that does mean that you have to share more upfront before digging into their needs because they may not fully understand why they’re talking to you.
4. Go the Extra Mile: For the most part, salespeople only do what they’re incentivized to do. If you get paid for hunting new logos, why would you spend your time farming existing clients? Well, to show your buyer you care. While not mandatory, what would happen if you started sitting in the kickoff call with your client success team to be their advocate and making sure they didn’t have to answer all the same questions again? Do you think they’d make introductions to their friends for you? If they left their current company and went somewhere else, do you think they might call you again? Could you imagine retiring your quota without having to do any prospecting?

Full Notes

• https://www.salestuners.com/ryan-arnett

Book Recommendation

• The Hard Thing About Hard Things by Ben Horowitz

Sponsor

• Costello - What if every sales rep inherited the habits of your best rep? With Costello, they do.