The Drift from Upstream
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Straw Men.
Digital sellers often share with me their frustrations about the selling process at agencies, and they always come back to the same handful of objections.
“We’re not buying your category this time…Your audience or traffic is below our threshold…Our current partners are performing well…You don’t have the kind of report we’re looking for…” And on and on.
Of course there are entire books and training programs about “objection management” offering complex, structured approaches to disarming and getting beyond them. But in our world, I think a lot of this misses the point. The “objections” we hear aren’t really objections at all.
Maybe they just don’t want another choice.
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When you take a hard look at the numbers, the reality is harsh and unforgiving. There are literally thousands of sites, networks, technology providers, data companies, and individual titles and channels all looking for their day in court. The media agency with whom they’re all pleading their cases is probably between 30 and 40 percent understaffed. And clients are putting pressure on them to consolidate the number of vendors — to shrink the field of consideration, not expand it.
Like Jim Carrey in “Dumb and Dumber” (“So you’re telling me there’s a chance!”) most sellers cling to the irrational hope that fixing one or two little problems will take care of things. They’d be better served by facing the situation head on: asking qualifying questions like “So that’s the only issue, right?” or “Please be honest and tell me whether we’ve got a legitimate shot before I put a lot more work into this.”
The truth can of course be painful. Nobody wants to hear that their offering is not really being considered. But there’s a huge value in knowing where you stand and being able to refocus your effort and resources where they’ll do the most good. So when you hear one of the objections above, stop the conversation and ask the hard question. Your buyer will probably appreciate you cutting to the chase: the white lies she’s been telling to let you down easy are probably getting a little tiring for her as well.
Above all, stop elbowing your way into an RFP process that’s increasingly hopeless and broken. Start approaching your accounts with purpose, candor and a point of view. Set the agenda and create urgency early in the relationship. You might never hear objections like these ever again.
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Dave Smith January 24, 2013 at 11:50 am
Agree.
When you tell people why not, you sometimes find out amazing things that they never thought to bring out. Sometimes, this can change the conversation, or at least set the tone more properly for the next one.
DLS
Art Miller January 24, 2013 at 12:26 pm
Doug, as usual, good thoughts.
The problem you highlighted with respect to digital sellers seems to apply to all sellers. There’s a huge difference between a prospect and a suspect. A suspect is someone you’d like to do business with. A prospect is someone who is qualified.
Qualified means the seller has made the effort to get “yes” answers to five key questions: Do I have a product or service to fit the needs? (hard to know before asking questions); Is the decision time frame and decision process reasonable?; Do the have money or a budget?; Can they or will they do business with me/my firm? (or does something prevent them from doing business with me –school ties, client preferences, prejudices, etc.); Is it worth my time and effort?
Unless a seller has a “yes” to all five questions, it’s a suspect, not a prospect. If you invest heavily to gain their business before determining if they’re qualified, that’s MBH — Management by Hope. Writing proposals or responding to RFPs for SUSPECTS is generally a waste of time.
A great priority management tool for salespeople is to make “qualifying the prospect” the main objective of every first call. Hard to do, but it saves frustration. I’d rather know after one call someone is not a prospect than after ten calls.
The “objections” you listed in your piece are not really objections. The person making those comments is a suspect, not a prospect, and clever objection management techniques are not likely to make them a prospect.
Art
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