| Selling in an Economic Crisis |
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Recently, I was one of several speakers at a
conference for sales managers. After my presentation,
which was based on my Rainmakers, Closers &
Other Sales Myths book, I was asked: "How do we
manage salespeople in an economic crisis?"
My response is outlined below:
Focus on Behaviors
Success in sales is a function of many factors, some
of which the salesperson can control and some she
cannot. For example, a salesperson can be
efficient in managing his or her pipeline and
effective in a method that emphasizes planning
and asking good questions, listening, and
customizing solutions. But a salesperson is unable to
control variables like budget cuts by buyers and price
cuts by the competition.
In an economic crisis, it is important for sales
managers to focus on and reinforce the
behaviors the salesperson can control. Once
external variables correct, results will follow.
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| A Review of Buy-ology by Martin Lindstrom: A Different Sort of SST |
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The title caught my attention: Buy-ology: Truth and
Lies About Why We Buy (Lindstrom, 2008). A
closer look revealed that the book reports the results
of recent research on how the human brain reacts to
brand advertisements. When I learned that the
scientific process cited in Buy-ology also goes
by SST, the book moved to my must read list.
It turns out that the SST process at the basis of Martin
Lindstrom's book stands for Steady State
Topography, a process used to determine how the
brain reacts to images. This kind of
neuromarketing research is cutting edge
because we have learned that there is a huge gap
between what we say in traditional marketing
research and how we actually behave.
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| SST Q & A: Selling to Obama |
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Q: Given your writing on personality type and
politics, what personality type do you think Barack
Obama is? How would you apply SST principles to
him?
A: Some people scream their preferences.
Who would disagree that both Gore and Kerry are
Introverted? George Bush shows pretty clear ESTJ
preferences. To me, Bill Clinton is easy to read as an
ENFP.
Barack Obama, however, is more difficult to type.
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Recently, I was invited to deliver a presentation based
on my Rainmakers, Closers & Other Sales Myths
book at a conference for sales managers. That
experience prompted the lead piece in this newsletter
on "Selling in an Economic Crisis."
Martin Lindstrom's Buy-ology: Truth and Lies About
Why We Buy caught my eye, and I offer a review in
article two. Interestingly, SST holds a different
meaning in Buy-ology.
Also, don't miss the January SST Q & A, in which we
take a look at U.S. President-elect Barack Obama's
personality type.
And last but not least, we would like to wish everyone
a healthy and prosperous 2009.
Arnie
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