Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

"Leading Works Better Than Selling."

"Leading Works Better Than Selling."

 "A" players aren't the ones losing their sales jobs in this economy, but their growth is still difficult to come by. So the temptation of "B" players and "A" players is to close whatever is possible now to either keep the job or return to growth. But our research group reached out to over 10,000 business contacts world-wide (the people you and I do business with) and studied how to effectively engage them. We also reached out to 4,000 sales professionals, looking for top "growth leaders" (people who outperformed their counterparts and trends) to find out how they did it. We found that a complete focus on our own sale is not only a short-sighted intention; it actually hurts territory growth.

The team and I looked closely at the top 300 growth leaders' work to create our sales workshop. I'll highlight key concepts over the next several weeks on this sight that we learned in our work about how to maximize sales. The growth leaders we studied led an average of 31% annual sales increase, compared to just 4.6% for the status quo. What we didn't see among growth leaders was a bunch of haphazard tricks. Instead, we saw a seemingly shared high-level direction or strategy.

The Sales Leadership Roundtable in its study The Anatomy of a World-Class Sales Organization put dozens of potential growth initiatives in front of sales leaders of some of the most successful sales forces in the world. Of all that these sales leaders could chose to do first, they chose creating a sales strategy and communicating it comprehensively throughout the entire sales force as their most urgent initiative-number one. So, why communicate a share strategy so comprehensively? These leaders said, "[so] salespeople learn their part in execution."

A compelling strategy is like a magnet brought next to steel shavings; it creates alignment. It helps top salespeople lead their informal deal teams, but a strategy also offers a common language that top performers, almost inadvertently, use to describe "the way to work" to win a deal. Strategy gets people to move in the right direction, find their place and come together to create a new pattern for prospects and clients that's visible.

A great strategy has a mission that resonates, values that are really believed, and objectives driving toward a corporate vision. But interestingly, top salespeople had similar missions, values, and objectives, regardless of their company.

Let's start with the mission that was a key part of growth leaders' strategy. Top performers all seemed to say: "We lead clients' growth to gain our growth." This mission was so clear and is so sustainable, that it's where we got our title: Leading Client Growth. This isn't just business speak. Let's talk about each word:

"Leading"

You see, every growth leader in our research understood that "Leading works better than selling." It was a sort of mantra they seemed to share. Howard Stevens of the HR Chally Group has studied successful salespeople for nearly three decades. He confirmed with me what our team found.

Stevens said, "When a prospect needs to make a change, he is essentially looking to outsource a leadership position for the initiative. So salespeople are like outsourced managers for their prospects and clients. They should think like leaders or they will never get the business."

Leading and selling have entirely different purposes-different missions. Mission matters because prospects and clients can tell what this purpose is through our body language, tone, and facial expressions no matter what words we use.

Listen to what Kip Hollister, CEO of Hollister Inc. said and decide whether she was speaking about leading or selling your contacts.

She said: "It is not about the transaction but rather doing the right thing for the client ..., and then the sales will follow."

And her sales did. Hollister, Inc. won one of the most coveted revenue-related awards in business, the Stevie Award.

I've worked in the midst of some of the most aggressive sales cultures in the world. Selling hard and with self-interest is seen as a positive even popular personality trait. But I'm not recommending becoming a card-carrying member of the status quo-quite the opposite. We're trying to perform at the top of the culture of sales.

So there are a few reasons why leading works better than selling.

For one thing, centuries of reckless sellers have given our prospects a fight or flight reaction to selling. You see; our voice, tone, and body language communicate our mission no matter what we say. You know how your heart rate spikes and your fists clench when a telemarketer calls you? And you're a salesperson! Prospects that fight us or take flight from us don't buy and won't help us reach our quota. Leading works better than selling.

Also, the time and money of the people who fund large, potential agreements are more precious and scarce than ever. These minds scan to protect themselves from sellers who want every dime and minute possible, only to leave them in a lurch later. But, leading is sensed as a less dangerous mission if our mission is to grow the client's business first, then, ours. Prospects open up.

We all know, today's complex sales also require more than a single meeting. They take longer, involve a lot of people, and are discussed behind closed doors when we're not around. We need inside champions that know we place priority on their success and will sell for us internally and do it often.

Finally, reps that sell every chance they get miss hearing urgencies they could solve because they keep talking about their product. The reason trying to grow clients' business first works so well is that it simply gives you the opportunity to discover more needs.

Think about it. Our prospects, if it were possible, want nothing more than to have someone show up that could actually help them achieve what business requires of them. They just don't believe it could ever be a salesperson! This is why leading works better than selling and why your true mission matters.

Okay, now on to the term "Client," the second word in our title, Leading Client Growth. How our organization uses the terms prospect, customer, and client should matter. Use the term "Client" for an account that buys from all product lines. "Customers" buy some offerings. Obviously, "Prospects" don't use any of our offerings, yet, but are qualified. Labeling this way will create focus on progressing those accounts that are the most strategic this year.

We found that especially when economic times are either difficult or booming, it is critical to refocus on particular accounts across all three categories. Strategic accounts are the Clients, Customers, and Prospects that we think we can help most going forward. Focusing on those accounts will deliver the most growth.

One of the other key findings in the Corporate Executive Board's research echoed ours. Sales executives said that after saturating the field with a common strategy, creating a "Strategic Accounts" program was the next priority after hiring and managing talent, which we'll discuss later. You see, ironically, salespeople who just sell to as many prospects as possible wind up becoming B players.

How? Well, the Pareto Law, which was originally a real estate principle, became popular as the 80/20 rule. This principle is alive and well in Sales and critical to your territories' success: Roughly, the top 20 percent of your accounts equals (from 50 percent up to) 80 percent of your revenue potential next year. I call these 20 percent your "strategic accounts," regardless of whether they are a prospect, customer, or client because these represent your business and your growth next year. If the best sales forces think it's smart to have a strategic accounts program, it's a good bet that we should have one in our own territory. Why? Well, the inverse of the Pareto Law is also true and pretty scary. If up to 80 percent of the accounts in your territory equal only 20 percent of next year's revenue, then, you may be spending 80 percent of your time on only 20 percent of next year's commissions. We can do better than that.

Refocusing efforts on these strategic accounts frees up a lot of time for even more results. This isn't an excuse for elephant hunting-only chasing a single, huge prospect all year. But focusing efforts on all types of 80/20 strategic accounts can be huge. The goal becomes turning all three types of accounts into growing clients by leading. We find the accounts with the most potential for mutual benefit-the ones we can win-and start leading to client growth.

So let's discuss the third element of our mission: "Growth."

Our prospects and we all want the same thing: to grow some number, whatever that number is-a top line, a bottom line, some business metric, maybe our careers and pay. Sometimes, unfortunately, it's our ego. But we all want to push some needle higher and not just this month. Our strategic accounts have initiatives to grow some key metric. In fact, our prospects often have initiatives and deadlines far more pressured than even our punishing quota. We just have to find what that growth is that business is requiring of our strategic accounts. If we help them grow their number, we will grow our number.

Sam Balsara, Chairman and Managing Director of Madison Communications stated their strategy this way: "If our clients grow we will grow. That really is the essence of our strategy."

This brings us to a key point. Remember: our mission matters. To beat our goals now and next year, we must first figure out how to solve prospects and clients' goals, then ours. Mission matters. In fact, our mantra must become: leading works better than selling. This has to be our mindset on every call to gain other's trust. Our mission can either be a dangerous problem or a powerful tool; it's up to us. In fact, based on our findings, we should run, not walk to adopt the informal title of "growth leader," a sort of "executive of client growth" even with your clients and mean it. We'll sell more, gain coveted references, drive total selling costs down, and client profits up. We'll grow other people's careers, our careers, capabilities, cash flow, assets on both sides of the table. And, of course, our revenue will go up. Leading really does work better than selling. So let's adopt the mission of leading client growth.





Leading Works Better Than Selling - To learn more about this author, visit Mark Cook's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback
Dave Kurlan
Dave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website

Linda Richardson
Linda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website

George Ludwig
George Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website

John Power
John Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website

Staging Diva
Debra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website

Jay Kubassek
(Jay's Full Bio: EvanCarmichael.com/jaykubassek)  In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.

 

As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)

 

Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. 

 

Jay resides in NYC with his wife Jamie, son Milo and dog Cooper.  Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website


To learn more about the Evan Elite Author Program please contact us.

About The Author


Mark Cook
(Visit Mark's Website)

"Cook is a proven business builder...a brilliant salesman, a rare leader." -Stephen R. Covey

Mark Cook is a sought after sales performance expert who authored Sales Blazers (McGraw-Hill) and Leading Client Growth (Sales Methodology Workshop) after a multi-year study of 10,000 business people. The research also reached out to 4,000 salespeople to find 300 top salespeople and leaders who outperformed trends and counterparts. Cook leads the sales performance services as director of marketing and professional services for O.C. Tanner, a leading employee performance company. Cook brings a wealth of real world experience to sales and marketing organizations. Prior to O.C. Tanner, Cook served as vice president of sales and marketing for Center 7, a provider of system-management technology and CEO for Cumulus Services. While working as director of marketing with Stephen R. Covey's organization, FranklinCovey, Cook was the founder and publisher of Priorities: The Journal of Professional Success. Cook's projects have been written about by Selling Power, Forbes.com, Business 2.0, VAR Business, Ad Week, Smart Partner, Reseller News and Information Week. Cook holds a bachelor's degree and a master's degree in business with an emphasis in sales and marketing from the David Eccles School of Business at the University of Utah.



Mark Cook is a Bronze author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Mark Cook's

Complete
List Of
Sales
Articles

Name
Email
If you enjoyed this article, get Mark Cook's Complete List of Sales Articles For FREE!

More Mark Cook
Leading Works Better Than Selling
Free Downloads


 
 
 


Evan Elite Authors
Linda Richardson  
Jay Kubassek  
David Acheson  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Networking Impacts Income Icon Networking Impacts Income
Self-Employment Guide Icon Self-Employment Guide
Create A Mission Statement Icon Create A Mission Statement
Content Challenged Icon Content Challenged
How To Win New Business  Icon How To Win New Business
Free Downloads - Complete List

Entrepreneur Tools and Guides
Fortune Hunters - CBC Entrepreneur TV
Fortune Hunters
CBC Entrepreneur TV
 
Top 50 Social Entrepreneur Blogs of 2009
Top Social Business Blogs
Top Social Entrepreneur Blogs
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Chinyere. Alozie Lagos State, Nigeria,
Chinyere. Alozie
Lagos State, Nigeria
SEO For Africa

If I Were A Startup...
Razor Suleman, $143k to $5.4 Mil in 5 years
Razor Suleman
$143k to $5.4 Mil in 5 years
Erez Zevulunov, $150k to $504k in 2 years
Erez Zevulunov
$150k to $504k in 2 years
If I Were A Startup... - Complete List

Famous Entrepreneurs
Anita Roddick, The Body Shop
Anita Roddick
The Body Shop
J.P. Morgan, JP Morgan
J.P. Morgan
JP Morgan
Famous Entrepreneurs - Complete List

Entrepreneur Advice
Michael Gerber, The E Myth
Michael Gerber
The E Myth
Timothy Ferriss, 4 Hour Work Week
Timothy Ferriss
4 Hour Work Week
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     Get Prospects Chasing YouSuper Size the Experience You Bring to the Table in EVERY Interaction
By Alan Boyer
     Power Sales Words That Paint Powerful Pictures in the Prospectives Mind
By Alan Boyer
     30 Seconds to Explosive Networking & Sales Results
By Alan Boyer

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information