Print
Solutions April 2006
Strategic
Sales
By
Dick Gorelick
All
May Not Be Well
Each
year our company surveys thousands
of print buyers (individuals empowered
to buy and specify print, not
necessarily purchasing agents).
Usually the distributor or manufacturer
sponsoring the survey is surprised
by some of the feedback, but logic
suggests they shouldn’t
be surprised.
Most
prominent is the case of the “mega-account.”
Typically this account is the
backbone of the sales territory.
Its loss might be catastrophic.
It may periodically push and cajole
you for price concessions and
extraordinary service, but is
the proverbial thousand-pound
canary, eventually getting its
way.
On
the other hand, you’re getting
all or most of the work from the
mega-account. Work flows on a
regular basis. Contacts within
the account express little or
no dissatisfaction except for
the rare job-related glitch. There’s
no overt reason to believe that
the account may be in jeopardy.
The
account is the epitome of customer
loyalty. Pity the poor competitor
that tries to sell that account.
The sales rep can go to bed at
night assured that the account
will be “in the fold”
when he/she wakes up in the morning.
Right?
Don’t
bet on it. This relationship represents
a profound obligation, not simply
a triumph for a salesperson. Many
of you with a few years of experience
selling print are likely to have
gone to bed believing you “own
an account,” only to be
told the next morning that it’s
lost or under serious competitive
assault. This shouldn’t
come as a surprise.
Mail
surveys frequently reveal an interesting
phenomenon. Accounts representing
a substantial percentage of total
sales volume give you the preponderance
of their work, and those you believe
to be the most loyal may not assign
you and your organization “top
of the line” competitive
ratings. Upon hearing this, your
reaction may be, “What more
could they want?”
An
account that puts all or most
of its proverbial eggs in the
same basket frequently suffers
above-average pangs of doubt and
anxiety. Those fears are elevated
every time an article is published
about industry consolidation in
the graphic arts industry.
Recent
research indicates that, due in
large part to the popularity of
frequency (often mistakenly called
“loyalty”) programs,
consumers and business buyers
no longer expect to be treated
in the same way all customers
are treated. While no one expects
to be treated in an abusive or
dismissive manner, infrequent
and low-volume customers don’t
expect the same attention or concessions
as your best customers.
Your
best customers’ anxieties
are typically not shared with
you. These anxieties have little
to do with pricing or job-related
activities.
A
sales rep who believes all is
well in top-tier accounts because
no problem or discomfort is articulated
and because the work is flowing
may be making a serious mistake.
Traditional sales training concentrates
on problem-solving and management
of deficiencies. In truth, it
is at least as important to reinforce
positive customer behavior.
Risks,
real or perceived, are taken by
buyers who assign a print supplier
all or most of their work. When
that glorious day arrives when
a sales rep learns the good news,
the typical reaction is triumphant.
It’s less likely to be treated
as a unique obligation. A buyer’s
concerns do not disappear the
day it names a sole source or
primary supplier. In fact, the
opposite frequently occurs.
The
level of customer sensitivity
to a problem is magnified. In
fact, it may not even be a problem
that raises the anxiety level.
It may be something as simple
as a rumor, or the departure of
a well-known individual, or a
telephone that rings four times
before it’s answered. The
slightest signal can be taken
out of context.
Looking
at customer surveys, print company
managers may be surprised by ratings
and comments from top-tier customers.
The ratings may not be glowing.
Frequently, they are good but
not exemplary.
These
anxieties cannot be eliminated,
but they can be mitigated. It’s
important for a sales organization
to subtly recognize and honor
the anxiety level. Contact that
is not job-related should occur
at least every 30 days. Some of
the contact should be a blatant
expression of appreciation for
on-time payment, well-prepared
files, or some other positive
aspect of the relationship. Other
communication may involve information
about a new product or service.
This is most effective when directed
at management as well as the buying
contact.
Treat
every account, particularly the
important, high-potential ones,
as prospects at all times. Assume
nothing.