Every business owner wants to increase sales. More sales equals more money. Expanding the top line “covers a multitude of sins” as my grandmother used to say. She was the perfect combination bible teacher and business woman.
She knew that when you have more and more sales, you can make small mistakes with hiring or have a bit higher expense ratios because you are making lots of money. But when your sales are shrinking, your business is dying. One small hiring mistake and your small business could be done.
Growing up, I sat at the table and heard both my father and my maternal grandmother talk about business concepts like cash flow, profit and loss, marketing, and sales. I’d hear it at home during the week and at Grandma’s house on the weekend. For those of you with young children, those five year olds really are listening to your adult conversations even when you think they are too young.
So, we are starting a series on Using Intelligence Principles to Increase Sales.
The first Intelligence Principle we’re going to talk about is “Rapport”. The English were too lazy to think up an equal term so they just stole this is a French word which means:
“A relationship in which people understand each other and can communicate easily.”
Sales work in the intel business meant recruiting an agent or flipping an enemy officer. When gathering information, spies use all means available. Wiretapping, reading emails and faxes, monitoring the enemy’s movements, and satellite imagery. But the best intel always comes from a human source. For example, the butler of the king could give you much better intel than a $150 million satellite. So agents are often tasked with recruiting.
And the first job of recruiting is to establish rapport.
Many times this is a difficult thing to establish, since the recruiter comes from America and the prospect from an entirely different culture. So we were taught to look for things we had in common. If you were going to recruit a colonel in the Soviet GRU, you would not send a person who’d never been in the military. Instead you’d send a Special Forces officer. Most likely one who had served in some of the same cities.
This same principle works in the civilian world, yet we so often ignore this thing we call “Rapport.” Your first job as a salesman is to build rapport. That means being comfortable with each other and able to speak each others’ language. Both the buyer and seller will know something about the product, so that is a first anchor. But to build quick rapport, you need to set another hook, and that most often comes from a common hobby or outside interest.
Gather Intel
Find out everything you can about your customer. Perform a thorough internet search, a background check, and perhaps send a person to the customer’s home town to interview some of the folks who know him or her. Put together a folder with everything you’ve found. Analyze this material and then find the salesperson who most likely will be able to build rapport.
EXAMPLE: Say your prospect is a sports fan. Never misses a pro basketball game. The prospect played basketball in college, and displays a trophy in his office. Would you send a salesperson who never played sports? Of course not.
This seems like an obvious example, yet companies send in mismatched salespeople all the time.
Plan the Approach
Before they send the chosen salesperson out on a sales call, executives and senior sales managers must meet with the chosen salesperson and develop a strategy. Often your best, or only, sales rep doesn’t have anything in common with the prospect. Then it’s time to bone up on yachting, collectible knives, greyhounds, or whatever your prospect has a passion for. Reading a couple of books on the subject will give your salesperson a working vocabulary.
One big sale I know of, the CEO needed to make the pitch for a fifty million dollar sale. Since the sale was so big, the prospect would only be interested in talking with the boss. But this CEO was totally mismatched with this buyer. The CEO came from an ranching background, but the buyer was a city boy devoted to a pro football team. So, the CEO couldn’t even get an appointment. He need to build rapport even before he could get in the door.
After gathering intel, and seeing what a big piece football played in the life of the buyer, their sales team came up with a plan.
The CEO sent the buyer a ticket by FEDEX to an away game of his favorite team. The note with the ticket said, “I’ll pick you up in our corporate jet at 10 am Sunday morning.” Of course the buyer agreed. Now the CEO knew that he couldn’t talk football with the customer, so he brought along someone else.
When the jet taxied up at the private terminal to pick up the buyer, a famous retired running back opened the door from inside the jet and motioned for the buyer to get in. The CEO had paid this running back a thousand dollars to spend the day with them. The buyer talked to his idol all the way to and during the game. The CEO chimed in occasionally, letting the rapport from the running back rub off onto him.
On the way home, the running back took the airlines, and the CEO and buyer were alone in the cabin. During the 90 minute trip back, the buyer signed the contract.
Buyers are people, and they have preferred activities and strong opinions. Use the proven methods of intel collection and analysis to get to know your buyers. And then you can approach them the way they want to be approached. Rapport is nothing more than getting the buyer to know you and to like you. Then, they will be ready to hear your pitch.