Saturday 12 October 2013

Movie Quotes and Social Selling

There are many definitions & aspects of Social Selling: tapping into the power of your own network to create net new opportunities or creating meaningful engagements and conversations to build trust and generate interest in the your solution in advance of the "hard sell.".  I have said before, the cold call is dead, long live the smart call.  Social Selling is all about warming up or better yet smartening up the call to improve probability of success.  

So what do movie quotes have to do with Social Selling?

If you scroll down to the additional info: interests section on my LinkedIn Profile, you will see Movie Quotes listed.  Much to the chagrin of some family members, I have an almost eidetic memory for movie quotes and an irritating fondness for latching onto them and beating them to death.  I love them.  I have some real faves from a wide variety of film genres providing hours of amusement.

My brother and I once managed a whole summer of mileage out of Jeremy Irons' perfectly delivered Claus von Bulow line from Reversal of Fortune to Ron Silver's (as Alan Dershowitz) question of whether he was a "crazy guy."  "You have NO IDEA!" said Mr. Irons with a evil subtlety that was unparalleled.  It became the answer to any and every question that summer.  You have to see Iron's art.  He is that jaw-droppingly good. 

Still waiting?  What does this have to do with sales and building meaningful relationships with customers?

My advice: use something you love to create more meaningful and memorable conversations with someone. Interests are naturally social in that they are shared.   I love movies and am blessed/cursed with having countless quotes buzzing around my head.  I cannot help it. They pop up mid-conversation like some kind of Joycean Stream of Consciousness. So why not use that positively, exploit it, and endear myself to others with it. Almost everyone loves movies, they associate a time in their life (usually fondly) with a movie and in my experience it always makes a conversation more engaging.  

Movie quotes are a great tool to have a shared chuckle if perfectly timed. Shared laughter definitely makes a sales engagement more social.  

Movie quotes can also defuse an awkward conversation by finding common ground through a point put forward by a sage 3rd party.  Apologies to my American friends for this strictly British reference, but I call this "pulling a Parkinson" (British chat show host). You can say something slightly uncomfortable, get your point across, but not come off too heavy handed or arrogant because someone more reputed actually said it for you.

The hook of a movie quote can make your point and perhaps you more memorable.  I also use movie quotes to inspire myself how to act, how to view a situation - I ask myself what would DeNiro, Duvall, Brando, Denzell, Hanks, or DiCaprio say?

Last year, I was watching  the opening scene and song from the movie adaptation of the DC Comics graphic novel Watchmen. It did more to inspire me to change and socialise my selling ways than anything else. The movie opens with one after another of the washed-up superheros being marginalised.  The soundtrack plays Bob Dylan's The Times They Are A Changin. Wise Bob says "You better start swimmin or you'll sink like a stone."  A 200W lightbulb switched on.  I thought, ouch that's me, a (slightly) aging superhero not fully adapting to the new ways.  I tackled the following Monday with a new sense of vigour and immediately put together & executed an action plan to up my game in terms of social selling . It has paid off handsomely for my own pipeline and the practices I have shared with the junior salespeople reporting to me.

Sometimes I feel there is a movie quote from the mind catalogue for every situation in Sales:

Need to find a positive in a bad situation with a client:  As Sergeant Horvath (Tom Sizemore) says to Captain Miller (Tom Hanks):  "Someday we might look back on this and decide that saving Private Ryan (insert here) was the one decent thing we were able to pull out of this whole godawful, sh!*ty mess."

When I/We have been awarded with a big deal or a new client and want to have a mini-celebration I usually perform a bit of office Tai Chi and spout a line from Rat Finch (DJ Qualls) from The Core:  "This is my Kung-Fu and it is strong!" (Not the best movie but just a great line.)

When on a rare occasion a situation requires a bit of ruthlessness, Lawrence of Arabia or Prizzi's Honor always inspire as in "NOOO Prisoners!" shouted by sword-wielding Peter O'Toole or Don Prizzi, half-dead with emphysema in a hospital bed saying to Jack Nicholson's Charlie Partana character, "We forgive NOTHING!" referring to whether they should forgive Kathleen Turner's character for ripping them off of $900 grand.  

When I am talking about an opportunity that is going to take more time and effort in a forecasting call, I might say as Jimmy Cliff sang in The Harder they Come, there are "many rivers to cross" on this one. 

To inspire myself and the team to execute on an agreed plan, Yul Brynner's Ramses from The Ten Commandments is always good value:  "So it be written, so it be done!"

If we need to get a team together for delivering a project on time and under budget, Inspector Renault from Casablanca always delivers the goods with "Round up the usual suspects."  

The best example I have of movie quotes and social selling delivering  concrete commercial benefit is a good story.  With one of our key vendor partners, I had been crafting a reputation as a strong closer and someone who was not shy in the face of competition or a tough situation. One of my colleagues at the vendor partner (also a fan of movie quotes) took to calling me Mr. Wolf, as in Harvey Keitel's character in Pulp Fiction.  He is the man you call when you are in an impossible jam.  I loved that and he was telling others my new nickname.  It was a memorable hook on which to grow my "legend" with the vendor team.  But I thought it might be a real opportunity to engineer even greater advantage.  I called him and asked if I could choose the movie character to be known as.  There was only one choice: Hyman Roth, the Jewish criminal rival to Michael Corleone in The Godfather series. In the movie, things were tense between them.  There is a scene where Roth's Sicilian liaison and right hand man Johnny Ola laments to Michael , "Hyman Roth always makes money for his partners...."  Then I made it my mission to spread the word about me being the Hyman Roth of our little universe. With my colleagues help, it caught on, my reputation grew, and people called me to new business opportunities  My sales increased, we gained new customers from this social selling network and further enhanced our credibility.  It worked and it was fun. 

Movie quotes are my thing, they could be yours, or it could be something else.  It is an old saying: people buy from people, but it is so true.  I think people engage and buy from interesting and interested people.  Your thing could be sailing, cars, fashion, show tunes, home renovating, it doesn't matter - it might be a hook or a shared interest.  

Find something that you genuinely like about yourself and deftly weave it into the conversation so that it might be meaningful and memorable to them.  If you go to your next meeting thinking you need to talk more about what you like, you have missed the point. However, if you can make an interesting and relevant analogy to your commercial objectives from your "thing," it will come off as genuine.   E.g. We have a saying in archery, baseball, rock climbing etc. It might lead to what they enjoy and then you can be interested and relate to that too.  

Interests are inherently social and with today's social media it can be dead easy to do some research and find out something interesting about people in your first and second degree networks.  

It wouldn't be right if I signed off without a good one. I have 2: as Ron Burgundy would say, "Stay Classy"  readers or even better as Dabney Coleman's obnoxious self-help writer in the forgettable Modern Problems (1981) says "Read my books (blog) or be a victim all your life.

Which movie quotes inspired you in your career or have you used in a sales situation?






Sunday 4 August 2013

I Like Your Look!

I Like Your LOOK!

 There are commercial and professional lessons to learn and apply everywhere, and in modern mundane or even irritating everyday experiences. 

We all have survey fatigue don’t we.  Open a web page, get asked for a survey.  Sit down to a family dinner after a hard day and the phone rings asking you to take a short survey.  Walk down any downtown street, and get confronted with a clipboard.  Mostly I give a firm, but polite no thank you. 
Recently though, I succumbed to this most modern of overtures and here is the story:

I was walking through King George Square in Brisbane looking for some free WiFi prior to a get-together with some work colleagues from 10 years ago.  I had not seen them since leaving Australia in 2003.  A friendly twentysomething with a clipboard from an environmental group was in my path and made eye contact even though I was trying to avoid it.  She said to me, “Hey, I like your LOOK!”  And guess what, I stopped, engaged and filled out the survey joining their cause. 

Some readers may exit at this point with a groan about this being another example of titillated musings by an over-forty, boring suburban dad.  Bear with it though, as this episode has a valuable commercial/professional lesson and an outcome to which all of us in sales and marketing should aspire. 

The base opening salvo to attract new clients hasn't changed much in decades:  make a good and memorable first impression to further engage for mutual benefit.  What has changed is that the returns are dramatically diminishing for traditional methods that rely on numbers and impersonal messages: direct mail, bulk email, cold calling etc.    Companies are finding more success with social selling, inbound marketing and thought leadership.  As I have come to understand with today’s plugged in and heavily armed (with information) customers, you have to give to get, tell a more compelling story, and have a much more personalised conversation.  That takes hard work, diligent research and clever thinking.   If we get that right in business, the rewards are great. 

So let’s dissect the story slightly more to understand why the survey girl “got the Guernsey” while everyone else has me pulling a “Heisman.”  (Sorry, could not pass on the chance to use both Aussie and American sports metaphors in the same sentence)

I have to confess that I had tried to dress as cool as possible that day because I wanted to impress my former work colleagues from 10 years ago.  Shoot me for being shallow.  I was wearing a pair of light olive skinny chinos, a new , fitted pattern shirt, brass studded belt, two-tone suede desert boots and black metal Ray Bans. 

She said, “Hey, I like your LOOK!” not anything more overt or inappropriate like “Hey Sexy!” or showing only her interest such as “Hi, we need you now to help us save the planet.” Both of those would have come off as insincere at best and shameless at worst. I am running with the notion that she was sharp and insightful.  She picked up on a vibe that I had dressed myself with care that morning and that my “look” was something important to me.   So I might react in the way she wanted, which I did. Her gambit came off as a unique and sincere message for my consumption only.  Perhaps it wasn’t genuine, but her inflection certainly made it seem so.  Gold star she gets. 

Later that day , I realised, “Hey we all should aspire commercially and professionally to  that I LIKE YOUR LOOK!  moment with potential new clients: 
·         Take the time to understand them
·         Say something meaningful and genuine - to them
·         Engage them in a mutually beneficial conversation

Easy to say, much harder to execute, but the it is a survival imperative and tools are here today:  LinkedIn, inbound marketing & marketing automation, other social media and most importantly everyone’s own untapped creativity. 


At least now I have a memorable experience to link to this ideal and better-defined aspiration.  

Monday 25 February 2013

Smart Calling in this new Era of Engagement

I see two things that people hate most about their jobs: the stress stemming from the millstone that is their email inbox and cold-calling salespeople. We will take on email another time. Everyone hates cold calling. You do as customers and prospects and we do as sales and marketing folk from IT Solution providers. You hate it because it is relentless, intrusive and keeps you from doing your real job. Plus you only recollect the really bad/rude/don’t-take-no-for-an-answer experiences. We hate doing it because it is highly stressful and mostly  unproductive. Customers would be shocked to know the actual hit rate for getting through to a prospective client with a need is less than ½ of 1%. But we have to do it because no business has ever grown by sitting around waiting for orders or projects.
Unfortunately finding new customers is a necessary evil for every business. For most businesses a certain number of customers will be lost every year (blamelessly) through natural attrition such as acquisition, changed direction, new staff, business failure etc. So in order to grow, a business needs to not only replace the attrition with new customers, but find even more lucrative clients. We are going to seek out new  prospects and we are going to contact you, if we believe your company can derive business value from our services. Plain and simple, that is our responsibility to the business.
The key point from the above paragraph is what research can we do and what engagement can we have with you to justify our belief that your company can derive business value from our services? Our objective is to turn cold calling into smart(er) calling. We want to get through to you and spend quality time with you if there is a fit for both organisations. Whether there is a fit or not should be based on prior knowledge of timing, your business and your IT requirements.
So how are we going to go about it in 2013 so that we achieve the outcomes we want without alienating and annoying the world?
The root of the problem and the cause of bad feelings on both sides of the table is that the first wave of CRM technologies have made it much easier, cheaper and efficient for even small companies to carpet bomb the market with emails, hardcopy flyers and cold calls. Quantity over quality has poisoned the experience for everyone.
Our objective now is to use new technology to “warm up” the call. Social Media Marketing is one of today’s biggest catchphrases. It helps businesses like ours become familiar to/with the prospects we want to engage in a way that was not possible before.  One central tenet of Social Media Marketing is the value of  referrals and recommendations. Referrals and recommendations are the life blood of a business and have been around forever, but new social media technologies have improved their mapping and automation. New technologies such as marketing automation tools and engagement via social media are also  immensely helpful in initiating the engagement/interest so that any calls (solicited or unsolicited) will be more productive. These new technologies enable us to be much more intelligent about who we contact and to which relevant content we direct them.
We are adapting to social media marketing and how it can help grow our business. Count me out if it totally replaces the trust and personal relationships that make being in this business so rewarding. I am far from convinced that our increasing number of twitter followers, page views, hashtagslikes etc.  will have  a direct outcome on the number of new clients we expect to acquire. It is how we develop from that activity. But it gives us an opportunity to provide thought leadership and react effectively to the reactions.  It is a two-way street. We are definitely able gain better intelligence about our prospects from whom they follow, what they saying in social media and by whom we can be referred to them.
Here are 4 examples of how I am using Social Media daily to “warm up” calls and improve probability of more meaningful engagements on both sides with our clients:
  •  Accuracy – I use our MS Dynamics CRM system to check recent activity with a customer/prospect, but I trust LinkedIn more than our CRM System for the accuracy and more importantly, currency of its information. That is not a criticism of our CRM, it simply because social media is self-edited and therefore more likely accurate and up to date.
  • Best place EVER to find out about the competition – For one, people say too much by nature so there are always competitive nuggets to pick up from the Look Ma, I’m Winning posts. Also by seeing who is connecting to whom mainly in Twitter and LinkedIn, you can glean lots about the competition. Retweets, endorsements  etc.  are great providers of Hmmmm, now I get it moments.
  • Keeping connected – People move from one company to another and that information is delivered very efficiently by Social Media. I always reach out (OUCH, couldn’t avoid one of those awful neologisms from the land of my birth) to any customer or prospect that has changed companies. Without fail, I usually secure a meeting.
  • Finding the Referral – researching a company or contact for that shared experience or mutual contact that might be a helpful introduction. I use LinkedIn InMail to great effect here. Note that InMail needs to be used sparingly, professionally and must be customised and unique.
New technologies and techniques in B2B social media marketing  can increase positive familiarity for both buyer and seller. We still owe it to ourselves and the business to develop upon that familiarity with a proactive engagement (call me old-fashioned, but I believe a phone call still to be the best method or even better a face to face appointment).
We are going to call you. We are going to ask if we can come out and see you. That won’t change for the foreseeable future. We have to, but we will do it the right way.  Try to think of it as a shared experience with a desirable outcome for both parties. We promise unconditionally to make best use of technology, and have the prerequisite knowledge to improve the worth of the call to you. It will be a smart call, not a cold call. All we ask in return is that you consider taking the call  due to improved probability of benefit for you.
Speak to you soon.


Tuesday 29 January 2013

Make or Buy Circa 2013

The phrase Make or Buy has been part of the business lexicon and business decision-making for a very long time.  Small companies have to buy almost everything as they don’t have the internal resources. When they grow, they may bring more activities in-house.  As a company gets much bigger, their economy of scale can tilt towards the Make decision as they will have calculated it to be lower in cost and able to deliver customisation to suit their business.  The former #1 Car manufacturer, General Motors, made its own steering gear, transmissions, seats, electronics, manufacturing equipment etc.  It was a great model for them for a long time.  Then they suffered terribly in terms of cost competitiveness and flexibility when things got rough.  When I worked for them in the mid 80’s (EDS), GM thought it was big enough to create it’s own alternative to Ethernet called MAP (Manufacturing Automation Protocol).  I still keep in touch with the guys who worked on it.  It was a great idea and well executed.  Ultimately it failed as a Make decision due to the weight of the external market and lower cost to Buy.   A great current example of a Makedecision that is working well for someone is Google.  They are now likely the 5th largest server maker according to Intel (http://www.wired.com/wiredenterprise/2012/09/29853/ ) and they don’t even sell any of those servers to external clients.
The main topic of this post is to explore Make or Buy in the context of Information Technology Service Delivery, the business segment in which my employer, Richardson Eyres successfully operates.  The debate for in-house vs. externally sourced IT is not new either.  Service Bureaus, Turnkey Solutions, Application Development vs Off the Shelf, Outsourcing, ASPs and the now omnipotent Cloud Computing are the historic technological representations of the classic Make or Buy decision when it comes to IT.  Some of these historic models came and went because the underlying technology was not flexible or scalable enough for customers to adapt a service to their specific needs and resident  skill sets.  A big issue would have been the concern around the absoluteness of handing over the keys to the farm and the tendency of such arrangements to stifle innovation.  Companies have always talked about focusing on core competencies and repurposing staff to more strategic initiatives and IT vendors have always spent eye-watering amounts of marketing funds trying to convince those companies that their products/services would enable just that if purchased.
Make or Buy has a new breadth and refinement in this era becoming dominated by Cloud Computing and Social Business.  Taking a step back, it could never have happened without several outstanding modern technologies: server & storage virtualisation, advances in security, low cost memory, multi-core CPUs, affordable WAN bandwidth and other very clever software including open source technology.  The combination of these technologies has meant that Cloud service providers can build an infrastructure platform that is scalable, flexible and affordable.  Customers can select and adapt offerings to their specific needs.  Today, Make or Buy is no longer an either/or, it is much more of a sliding scale decision and that sliding scale is most certainly tilting in the direction of Buy.
Today IT decision making is scaled along how little to Make and how much to Buy. And that is great for business customers in terms of choice and cost reduction.  The 3 main as a Service categories of Cloud Computing are arguably Infrastructure (IaaS), Platform (PaaS) and Software (SaaS).  There are many others subsets and variations:  Backup, DR, Business Continuity, File Sharing & Collaboration, messaging, archiving, Software Development, application delivery… can all be bought as a Service without the keys being handed over because Cloud, by its very nature, ensures a great level of portability.  So business are able to hand over as much as they wish to and make solid decisions about what to make and what to buy comfortably knowing that they won’t be stuck if needs change quickly.  There are a fantastic number of new businesses offering very mature cloud-based services for specific infrastructure, platform or application requirements; in specific vertical markets; and  for both general and specific business needs.   With Cloud Computing, companies can easily find their rightful place on the Make or Buy scale technically and commercially.  The business can then achieve goals of retaining core competencies and focusing key staff on strategic initiatives.
One of the things of which I am most proud about our company, Richardson Eyres, is our ability to adapt our company (sales, engineering marketing and management) and solution offerings to the shifting business models for IT service delivery.  Traditionally we have helped our clients execute on the Make decisions with our expertise in Data Centre infrastructure, Enterprise Storage and Virtualisation Technology.  Now we still contribute to customer project success in that traditional fashion, but we also offer scalable and flexible ITaaS through our own re cloud express platform and our outstanding Cloud Services vendor partners.  I am convinced that our traditional Data Centre technology expertise provides us with perspective and advantage we now apply to help clients arrive at the right decision on where to place themselves on the Make or Buy scale.
My  advice would be to get out there, get what you need as a Service to achieve the current goals of the business and devote your thinking to the more important strategic concerns because you won’t be locked in.  We’re happy to help.
How soon will the phrase “Nobody ever got fired for buying…” be used in a sentence with flexible IT as a Service?  Not soon enough! Shame that it just doesn’t seem to have the same ring to it as in the old IT parlance.