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Ask HN: How to learn sales?

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Re: Ask HN: How to learn sales?

#131
post #53

Earlier quoted context omitted.

Weeks. I wish. :-)

My first job ever I befriended one of the senior sales guys at an after work drinking event. We built software that integrated into and with a range of embedded devices of which many were medical. He was one of the guys that worked closely with our EMEA customers who were notoriously slow to sign. Three years later he drove in to the office lot with a brand new Porsche 911 which was a portion of his commission for cl…

I’m two years into brokering a deal between a client and two blue-chip behemoths. It has been endless cycles of documentation, specification, certification, auditing, horse-trading, rescoping, consulting, wargaming, ratifying, and many of the faces have changed over the last two years.

It’ll be a big deal for all of them, but just getting everything in place for them to all agree and sign is just insane - my longest sales process before this was maybe 4 months, 400 hours - this has easily eaten tens of thousands of man hours so far.

One thing I’ve observed is that the deal almost becomes secondary - by this point, there’s an entire self-sustaining bureaucracy around the deal, many of the deliverables the deal specified are already in place and money has changed hands, hires have been made, everything has essentially happened as though the deal has gone ahead - yet I’m spending this afternoon rejigging information security roles and responsibilities to make the interfaces more on parity with the security team of one of the blue chips, because until the contract is signed, the deal isn’t done, and all parties are just merrily swimming out into deeper waters together, growing technical and operational dependencies around each other with no legal agreement. At this point, the businesses are just getting on with stuff as though the deal is done, the counsels are screaming because nobody is interested in moving the boring paperwork forwards, and I’m charging by the hour. Buys a lot of popcorn.

Sales is weird.

Edit: just realised we might be talking about the same healthcare customers.

Re: Ask HN: How to learn sales?

#132

Earlier quoted context omitted.

Great summary on sales and marketing but neither is a monolith. Sales can best be distinguished by indirect sales and direct sales. Direct sales is where you go out and find clients. Indirect sales is where you go out and find partners to bring you clients. You don’t buy Coca Cola from Coca Cola. You rarely by HP from HP. Companies tend to be more successful when they find ways to grow using “channels”. This is a goo…

Has anyone had success doing B2B SaaS sales using cloud marketplaces like AWS marketplace, GCP marketplace, Azure, etc.? I wonder if that qualifies as "channel sales".

I did a bit with instances of an Open Source deep learning server of mine, for three years+ now. Made up to 1.5k/month, lower now but it's on my plate to revive it. It's provided side money to our service/ software business.

Keep in mind there's a 30% cut from AWS, plus if you're in the EU, you need a tier like payoneer to channel your revenues back into the EU.

Re: Ask HN: How to learn sales?

#133
There are a few movies that inspired me when I started learning sales: Glengary glen ross is one of them. The boiler room. Wolf of wall street. Not sales lessons per say but that'll get you into a state of mind and motivate you devour sales books.

Re: Ask HN: How to learn sales?

#134
Someone posted a link on Hacker News with an interesting collection of resources collected around this subject: https://github.com/goabstract/Marketing-for-Engineers#-twitt...

I'm still working through it, tbh. It's helped a bit, but YMMV, as the saying goes.

Not because of the info, as it's as prescritive as such a guide could possibly be.

It's just because of the nature of selling stuff.

Re: Ask HN: How to learn sales?

#135
What pricetag do we talk here? Its also different ppl having the power to order. Generalising broadly, here it is:

- up to 1000$, engineer can directly orde - up to 10k manager needs to get involved - 100k manager manager needs to get involved - above 100k CEO, and if government than official request for tender needs to be issued

Depending on what tier you are different approaches and different time frames need to be considered.

For me everything above 100k needs around 2 years from the moment the customer (who will later use it) says: 'this is great, we need that' to the purchase order beeing on the table.

Re: Ask HN: How to learn sales?

#138
post #86

TBH, having witnessed the work of some great salesmen as a VPE of a successful startup, I think with training you could do a _passable_ job of it, but you're unlikely to be amazing at it. So do what you can in the interim, but spend an unreasonable amount of effort trying to find that magical sales guy/gal who can sell ice to people inhabiting the polar stations. Such salespeople exist, and they're worth their weight…

Everyone needs to sell at some point though, even if to just get though the interview process to land a dev job.
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