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What's in a relationship?
Written by: Sue BarrettArticle Overview: The term ‘Relationship Selling' is often bandied about by sales managers and sales people without properly defining what it really means.I often hear "We are in relationship selling" or "We need relationship sales people" however what I do not hear being asked is: What type of relationship are we talking about? What type of relationship are we looking for? What do we mean by relationship selling anyway?
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What's in a relationship?
The term ‘Relationship Selling' is often bandied about by sales managers and sales people without properly defining what it really means.I often hear "We are in relationship selling" or "We need relationship sales people" however what I do not hear being asked is:
- What type of relationship are we talking about?
- What type of relationship are we looking for?
- What do we mean by relationship selling anyway?
Most people's intentions are to have healthy viable business relationships, but this does not always happen, just like in our personal lives.
And I see many businesses and sales people in trouble because they have set up the wrong types of relationships with their clients to begin with.
If you do not clearly define what you mean by Relationship Selling then you may end up with client relationships like these:
Abusive relationships - aggressive clients wo bully and intimidate sales people/ suppliers, or the other way round
Professional Visitor relationships -Calling in for a chat, coffee, etc. In short being paid to have a social life.
Master/servant relationships - ‘You are here to serve my every need.' I see this all too often in business banking where some clients take advantage of the ‘over servicing' of some business bankers using them a free accounting service. I am sure the accountants won't be happy with this loss of revenue. I know the client is happy but is it a healthy relationship in the long run?
Big brother relationships - ‘You'll do as I say or else..."
Win:lose or lose:win relationships (someone has to lose out)
Friendships at the expense of profitable business partnerships (see professional visitor)
Broken promises relationships - "I'll get you in here if you give me this..." but it never comes through despite all those promises
Exploitative or Deceitful relationships - double dipping or tricking people into something they were not aware of. For instance a course participant on one of our recent sales training programs told of a telco sales person who sold the handset separate to the call plan when in fact the handset was already part of the plan, so the customer paid twice of the handset. This is fraud and can easily ruin your business' brand and reputation over night.
‘I work for you instead of my company' relationship - sales people siding with the client by giving away excessive margins, products, etc. at the expense of the company. This is actually theft.
Hostage or Handcuff relationships - ‘I have to deal with but you really add no value to me or my business and I really resent that.'; ‘I have to deal with you because my parent company says so.'; Your payment terms are disregarded by bigger businesses because they only pay at 60+ days (not the 14 or 30 days you agreed to)
Relationships under pressure - Sales people having to meet monthly quotas hence they may use more pressured methods than perhaps they would like. This is a hazardous practice, as it may seriously damage an ongoing relationship, putting additional pressure on the hapless sales person who falls into the dangerous chasm. It amounts to selling stuff to make a quota not build a viable relationship.
And so on.
- Do you have any of these types of relationships in your business?
- What types of relationships are you attracting to your business?
- Are they healthy or not?
- What are they making or costing you?
So Relationship Selling needs to be clearly defined or else we are at risk of creating unhealthy, unprofitable relationships.
All relationships change and are continually evolving over time for better or for worse.
I recall a great saying I heard and often refer to which I think gets to the heart of this:
You have friends for a reason, a season, or a life time.
The same is true for business / client relationships too.
First of all consider this:
Buying is a value judgment made in the mind of a person who has the ability to purchase, a genuine need/ want and the capacity to pay.
Selling is understanding that mind set and the accompanying values and priorities, and delivering on expectations through effective communication (such as questioning and listening), ideas generation and collaboration, creative problem solving and relevant solution generation, and gaining commitment to move forward together.
Whether it is business to business or retail to consumer selling, this definition holds true.
Therefore Relationship Selling is an extension of this where the primary objective is the building of long-term viable business relationships with customers from which repeat and/or additional business will flow and a win:win outcome is achieved for both parties whether it is for a for a reason, a season or a life time.
In my research for this piece I also came across an article ‘How to have a healthy relationship' which, while referring to personal relationships, was quite pertinent to business relationships and in particular Relationship Selling. It referred to the following steps:
1. Do not expect anyone to be responsible for your happiness
2. Make and keep clear agreements
3. Use communication
4. Approach your relationship as a learning experience
5. Tell the unarguable truth.
6. Do not do anything for your partner if it comes with an expectation of reciprocation.
7. Forgive one another
8. Review your expectations especially attitudes towards money
9. Be Responsible
10. Appreciate yourself and your partner.
11. Admit your mistakes and say sorry.
12. Spend some quality time together
You can find the full article at Have-a-Healthy-Relationship
In addition I would like to add the following tips for sales people and their respective businesses.
Make sure you:
- Clearly define your level of service/products offerings and pricing.
- Know what you are good at and clearly communicate and deliver that.
- Create a network of businesses who are experts in allied fields to you so you can refer your clients to them when a needs arises you cannot fill.
* Learn to say ‘No'. - Stand up for yourself, just because you are small doesn't mean you can't be a professional, well regarded business in your market.
- Don't take it personally.
- Know the line between friendship and professional business relationships
Happy selling.
Related Articles
Article Tags: abusive relationships, accountants, accounting service, big brother, business bankers, business banking, business relationships, client relationships, coffee, husband and wife, li li, personal lives, relationship sales, relationship selling, sales managers, servant, ul, viable business
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About the Author: Sue Barrett RSS for Sue's articles - Visit Sue's website 'Selling is everybody's business and everybody lives by selling something' so says Sue Barrett, sales expert, writer, business speaker and adviser, facilitator, sales coach, training provider and entrepreneur. Sue founded Barrett in 1995 to positively transform the culture, capability and continuous learning of leaders, teams and businesses by developing sales driven organisations that are equipped for the 21st Century. Since inception, Barrett has worked with hundreds of Australian companies challenging thinking to create compelling reasons and continuous learning pathways for people and organisations to develop their skills, knowledge and mindsets to create the shifts they want and ensure they are well informed and equipped for the sales journey ahead. Sue is one of the leading voices commenting on sales today. Sue has a unique way of getting to the heart of the matter - she combines extensive knowledge, research, insight, and practical experience with a deep sense of compassion to bring forth a more enlightened way of thinking and participating in the world. This makes her stand out from the usual crowd of existing business commentators. Her ability to distill complex ideas and relate them to life's everyday challenges and opportunities has audience members and readers leaving with a stronger understanding of "self" and how they can begin to achieve excellence through purposeful action. Presenting and writing on a wide range of topics about the world of 21st Century selling Sue's presentations and articles include sales philosophy and culture, sales leadership and coaching, sales training, selling skills, resilience, neuroscience in selling and more. Sue's articles are some of the most widely read in Australia and she is gaining a following overseas as well. Besides publishing on Barrett Sales Blog site, Sue has been the lead sales writer for www.smartcompany.com.au since 2007, and is also regularly published on other highly regarded publications such as Australian Anthill Magazine, Niche Magazine, Marketing Mag, Business Chicks, and Business Deals. Click here to visit Sue's website The huge cost of hesitation Walk a mile in my shoes Are you ready for Sustainable Selling What do your sales people really need to know and apply Culture Fit |
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