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Ask HN: How to learn sales?

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Re: Ask HN: How to learn sales?

#141

Hey, I worked in sales for years. So did my mother. I started B2B sales when I was 16. Don’t “learn” sales. A lot of reading material and courses could actually negatively effect you by causing you to overthink things. At best, you will come across as calculating and at worst you’ll lose deals due to getting lost in the weeds. Here’s two things: Whenever you deal with someone, try to conceptualize yourself as a consu…

About wolf og wall street: if you look at some john belfort material online in reality (or what he chose to put online) he does what you suggest. (Of course not in phone cold call selling)

Re: Ask HN: How to learn sales?

#142

It’s hard to shift your mindset to emotions but by and large that’s what sells, not features. So as others have said it’s all about listening and then finding the pain they have at an emotional level and seeing of your product can solve it. A productivity tool doesn’t sell on ROI calculated by hours saved, but on “freedom” and “self actualisation by doing more meaningful work and less tedious work”

> A productivity tool doesn’t sell on ROI calculated by hours saved But isn’t that exactly how mega-successful (but awful) products like Blackboard and WebEx get sold? Or any product where the purchaser is not the user but actually from the procurement department?

Yes the whole procurement process is designed to recenter the equation on the economic benefit. That’s why you need a champion on the side of the company you’re selling to, who will help you overcome the hurdle because they are really invested in your product

Re: Ask HN: How to learn sales?

#143

Earlier quoted context omitted.

> You need to separate sales from marketing. Sales is a conversation, marketing is a broadcast. Close, but not quite. Marketing is the brand, the image, points of differentiation, etc. It's the message. Advertising is the broadcast. It's how the message is communicated. It's the medium. Marketing + advertising = prospects and leads. Sales is the last mile. It takes the results of marketing + advertising (i.e., leads…

> Contrary to myth, successful sales is about listening, not talking. I've been in pre-sales for about 8 years now. From the vendor and reseller side. Mostly on the technical side (SE) but I also know the process side of the account executive (AE) very well at this point. Yes, you need to listen. But you'll never sell anything if you can't articulate a destination, lay out the path and showcase to the customer how wh…

> Yes, you need to listen. But you'll never sell anything if you can't articulate a destination, lay out the path and showcase to the customer how what you're representing will benefit them more-so than the products you're trying to displace or something new that will bring with it a myriad of gains for said customer. IYes, you need to listen. But you'll never sell anything if you can't articulate a destination, lay out the path and showcase to the customer how what you're representing will benefit them more-so than the products you're trying to displace or something new that will bring with it a myriad of gains for said customer.

But you don't know where the customer is trying to go...you don't know their pain...you don't know their priorities...

Without listening.

Re: Ask HN: How to learn sales?

#144
post #70

Earlier quoted context omitted.

> You need to separate sales from marketing. Sales is a conversation, marketing is a broadcast. Close, but not quite. Marketing is the brand, the image, points of differentiation, etc. It's the message. Advertising is the broadcast. It's how the message is communicated. It's the medium. Marketing + advertising = prospects and leads. Sales is the last mile. It takes the results of marketing + advertising (i.e., leads…

That definition is very—let’s say—unique. In my 7+ years of marketing I have never met anyone or read anything that put advertising outside of marketing. It’s even in the academic “4P” definition of marketing (“Promotion”).

Marketing is the message.

Advertising is how that's communicated.

Using a billboard or a TV advert is not marketing.

Of course, marketing needs to be advertized. Else you'd just be sitting around a confernce table all day. Sooner of later the (marketing) message will need to be...advertised.

And yes, the medium can be the message. But a magazine advertisement is not a brand style guide. Tradeshow swag is not a tag line.

It not a question of placement - inside or out - it's simple proven definitions.

Re: Ask HN: How to learn sales?

#145
Jordan Belford. Don’t waste your time on non customers, and don’t lie. Help your customers, even if it means referring them to a competitor.

Cultivate a following, and they will follow.

And don’t lie, when they ask you to sell you a pen, ask if you are in the market for a pen, and what company you represent and what pens you have to offer. Never lie about the pen being in space, everyone knows scummy sales people lie.

Re: Ask HN: How to learn sales?

#146
Similar background to yourself as an engineer, not in sales but as a co-founder often find the sales process a big part of my job.

We've implemented Strategic Selling see https://www.amazon.com.au/New-Strategic-Selling-Successful-C... which provides a great structure for us and a unified language inside our organisation.

Maybe not as useful if you're just trying to get started but does provide a structure to understand the sales process and why a sale closes or doesn't close.

Re: Ask HN: How to learn sales?

#147
While there are very technical elements to sales (prospecting, funnel management, pipeline review, sales compensation design) that can be measured and tracked, they are relevant for managing salespeople but not for the sale itself.

A sale happening or not depends almost exclusively on whether you can get your counterparty to trust and like you.

The first thing you should focus on is improving your emotional intelligence as this is pretty much the only skill that matters for a successful sale.

Although tons of people believe that you are either born with it or not, I think that EI is highly trainable (unlike IQ) and progress in learning it is scientifically measurable. (except if mental conditions are present like autism or psychopathy)

You probably want to start with doing the EQ-i test to find out where your gaps are. Specifically the metric on personal relationships is highly relevant to improve as soon as possible.

Then you can read great negotiation books like never split the difference and books on sales like the challenger sale.

The theory is not really useful until you've mastered the basic EQ to understand how to execute them.

Re: Ask HN: How to learn sales?

#148
Three simple rules to get you started:

- Sales is a numbers game that requires touching 'x' per day to achieve 'y' results, ideally by phone and not email. For a busy founder plan on 20 outbound calls per day. Email, marketing, automation, in-person... all great, but nothing beats a quick phone conversation. There are workarounds for that phone call outside the scope of this brief reply.

- The first few sentences of your sales pitch make or break. Research your clients pre-engagement to understand how your product can really help -- in their vernacular. The qualification/Q&A usually suggested is fine, but it assumes your prospects have the time and inclination to follow your sales workflow.

- Prospects who tell you they are interested AND who do what they say they will do are worth continued effort. Break contact (move to nurture) prospects who say one thing and do another & expend more time on outbound calls.

The only metric that matters, aside from # of outbound calls per day, is actual sales. I do look at proposals, engagement, website stats, etc., but for reasons outside the scope of this reply I've come to learn after 20 years that near real-time factors outside your control drive many buying decisions in ways too difficult to reliably measure.

Re: Ask HN: How to learn sales?

#149

Earlier quoted context omitted.

> Contrary to myth, successful sales is about listening, not talking. I've been in pre-sales for about 8 years now. From the vendor and reseller side. Mostly on the technical side (SE) but I also know the process side of the account executive (AE) very well at this point. Yes, you need to listen. But you'll never sell anything if you can't articulate a destination, lay out the path and showcase to the customer how wh…

> Yes, you need to listen. But you'll never sell anything if you can't articulate a destination, lay out the path and showcase to the customer how what you're representing will benefit them more-so than the products you're trying to displace or something new that will bring with it a myriad of gains for said customer. IYes, you need to listen. But you'll never sell anything if you can't articulate a destination, lay…

I realize this. Which is exactly why I said that "Yes, you need to listen". The parent comment responded to implied that was the only way.

If you don't listen you can't do what I stated above. And if you can't do what I stated above then you're not going to be able to help the customer and, ultimately, not be all that successful in sales.

Case in point... I had a customer years ago about to spend roughly a million dollars on a remote site upgrade architecture we had been jointly working on for about 6 months. In the background I was tracking a new product that would make their initiative cheaper and had both better ROI and performance specs due to refreshed hardware.

I made sure to present this, get all the information in front of the customer, engage in discussions using our PM and derive a strategic deal that would save them money over the three year term for buying a new product early.

They didn't do it. My counterpart appreciated the option even though it would have slipped their project by 2 months. Him and I are still friends even though I've moved on since then, but the moral of the story is he still brings that up because, in hindsight, he said he should have trusted our proposal. They spent more, got less and had to upgrade earlier due to unforeseen circumstances. Part of it was bad luck, the other part was a cognizant decision he made against the sales team better judgement.

I listened. I knew the customer very well, in fact. But I had knowledge and experience with the products that outstripped his for navigating this situation. That's how a good sales team operates.

Re: Ask HN: How to learn sales?

#150
post #70

Earlier quoted context omitted.

That definition is very—let’s say—unique. In my 7+ years of marketing I have never met anyone or read anything that put advertising outside of marketing. It’s even in the academic “4P” definition of marketing (“Promotion”).

Marketing is the message. Advertising is how that's communicated. Using a billboard or a TV advert is not marketing. Of course, marketing needs to be advertized. Else you'd just be sitting around a confernce table all day. Sooner of later the (marketing) message will need to be...advertised. And yes, the medium can be the message. But a magazine advertisement is not a brand style guide. Tradeshow swag is not a tag li…

You’re welcome to dream up your own definitions, but then don’t patronize others: https://en.m.wikipedia.org/wiki/Advertising
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