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Home Run
Derby
This week, Major League Baseball held
its annual Home Run Derby. A fan favorite, this event features
some of the mightiest sluggers to play the game. Now a three
round affair, it has an amazing similarity to Sales.
Low Hanging Fruit -
Unlike an actual baseball game where the pitcher attempts to get the
hitter out, the Home Run Derby features a batting practice pitcher
who attempts to locate an easy to hit pitch right there in the
middle of the hitter's zone. It's very much similar to what
all salespeople do very well, and that is to close the low hanging
fruit, the customers that are ready to buy, those who phoned in,
those who renew each year, those who place orders on their own.
Stamina - In the Home
Run Derby, sluggers usually hit far more home runs in the first two
rounds than in the last round. This year's winner, Vladimir
Guererro, hit a total of 17 home runs in the contest but only 3 in
the final round. The runner up, Alex Rios, hit even more, 19
home runs, but only 2 in the final round. You can see the
actual 2007 statistics in the table below, courtesy of ESPN.
What happened? Was it he pressure? Did the pitching get
tougher? Did the competition become more difficult? No way.
These guys simply got tired, they burned out.
The trend is similar for salespeople
too, but, like the low hanging fruit analogy, it doesn't occur over
90 minutes. Salespeople often generate enough business to
reach their quota by the middle of the summer, beginning of fall,
and then cruise for the rest of the year. Do they give up?
Get bored? No. They feel like they worked so hard for
the first x number of months to hit the quota that they are
emotionally wiped out and deserve to cruise for the rest of the
year.
Lesson - Everyone can sell the easy
ones. It takes a trained, skilled, tough professional
salesperson to reach protected decision makers, to ask questions
that no one else dare ask, to differentiate themselves by adding
value, to justify their higher selling price, to shorten the
prospect's timeline, to get prospects to make decisions when they'd
prefer to think it over. Low hanging fruit or batting practice
meatballs - anyone can nail those. Only 6% of all salespeople
continue to thrive, even when the degree of difficulty increases.
Lesson - Lots of salespeople hit
quota. It takes strong desire, commitment, discipline and
consistency to continue swinging away after the quota has been hit.
There are plenty of distractions and many salespeople can be lured
into a sense of complacency by those distractions, excuses and easy
quotas. The top 6% are driven to beat their internal goals,
not the artificially low ones handed out by the companies they work
for. There are many salespeople who set their own budgets by
forecasting that in a shrinking marketplace with customers moving
off shore, that they'll be lucky to sell 10% less than last year,
knowing full well that they could blow that number away if they
wanted or needed to. But 74% of all salespeople tend to take
the path of least resistance, and only sell what they are required
to sell.
Question - Which group are you in?
Top 6%? Bottom 74%. Low hanging fruit only? Get
them all? Sell to your quota? Bust through to make it a
career year?
Tell me your story and you might win a personalized, autographed
copy of Baseline Selling.
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