Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / Stop Hiding Behind Your Logo
Transcript
- 0:00Welcome to the podcast. Today we're going to be talking
- 0:03about the relationship between brand and sales.
- 0:07And the reason why, quite frankly, was because I've been
- 0:10having a chat with the listener of the podcast who's about to
- 0:12step into business for the very first time.
- 0:15So kudos to her. Oh, and if you're a person of
- 0:18faith and you're listening, you know, pray for her because she's
- 0:21stepping into a really, really interesting space.
- 0:24She's moving straight into jewelry and last time we
- 0:29chatted, I think for her first trial run, I think she's going
- 0:33to need about, I think about like 4 MI, can't remember if
- 0:37it's 4M or 40M, you know, something like that.
- 0:40Sure. Not a bad piece of change that
- 0:42she's going to need to start her business.
- 0:44And then as we're chatting now, she said that dreaded thing that
- 0:49I hate to hear whatever I'm talking to Nigerian
- 0:51entrepreneurs. She said that she is working on
- 0:55her brand. For those of you who've been
- 0:58listening to this podcast, it's something I've been saying it
- 1:01for years and years and years and years and years.
- 1:03Those of you who are brand professionals, I beg Novix.
- 1:07But deep down, I know what I'm saying is true because Nigerian
- 1:11professionals, sorry, Nigerian business people are obsessed
- 1:14with brand. We spend a lot of time doing
- 1:18brand, a lot of time designing brand, a lot of time thinking
- 1:22brand. Because of that, we never start.
- 1:27That is the reason why I'll be talking to somebody November,
- 1:30December, they've decided on the business.
- 1:33Then when we check in January, we don't enter February because
- 1:38it's January ending and they say what they are designing a brand.
- 1:44If it's like that, when will you start?
- 1:48So of course, I told her the thing that I tell most people,
- 1:51which is you know what this brand thing put it on pause.
- 1:55Right now you need 4M are busy 40 M go and start raising now 40
- 1:59M so that it can begin. If that 40 M had you then see
- 2:05the small change that you can raise so that you can enter into
- 2:08the market. Put get your feet wet.
- 2:11Just begin to explore start like that first.
- 2:15Just be going in. First of all, validate and be
- 2:17sure that this is even the business you want to be involved
- 2:19in. So total capital outlay now is
- 2:22like 40 M. Of course, you know how you just
- 2:25raise 40 M like that as a first timer.
- 2:27But then maybe from friends or family members, you know, popsy
- 2:31mumsy you're able to raise. I don't know, maybe I want him
- 2:35use that as hard trading or some small, small stones first.
- 2:40At least between now January ending and I don't know, March,
- 2:46April, you will know whether you know, this thing is for you.
- 2:51It's not for you. The thing is profitable.
- 2:53The profits are enough. Let me double down.
- 2:56Let me raise the rest of the money.
- 2:58Don't waste your time. You know this brand, brand,
- 3:00brand, brand, brand. So today what I want us to do,
- 3:04please. And again, those of you who are
- 3:06brand professionals listening to this, I'm not saying your brand
- 3:09is not important, your brand is. But I think it's about time that
- 3:11lots of us get the prop, the right perspective on the
- 3:15relationship between brand and sales.
- 3:18What is the relationship between band and sales?
- 3:19So that's what we're going to look at today.
- 3:22Apologies. Recording.
- 3:23I'm making this recording at home.
- 3:24The kids are home, you know, 'cause after school and all
- 3:27that. So there's going to be some
- 3:28noise in the background. Now, my name is Tava Shima, I'm
- 3:31a former lawyer turned business consultant and I love solving
- 3:35business problems. That's the reason why I have
- 3:37this podcast. I'm also a radio show host.
- 3:40Then if you would love to connect with me, you can call,
- 3:42send me a text message or WhatsApp message on 08064662140.
- 3:52Also subscribe to the podcast on Spotify, YouTube, Apple, or any
- 3:56player of your choice. If this is your first time
- 3:58listening to the show. All right now.
- 4:01So what's the relationship between brand and sales?
- 4:03Since you already know why I'm talking about this thing today,
- 4:06now, very simple to understand that, let's back up quite a bit.
- 4:10What is the function of a business?
- 4:13That is a very important question that was has been posed
- 4:16by Peter Drucker and answered in one of his books.
- 4:20Forgive me, I cannot remember the title of the book.
- 4:22I know that I read the book and I know that the first time I
- 4:25read the book, I didn't agree with the old man.
- 4:28But as I moved into business, small, small, small, I saw that
- 4:31OK, his old man was actually correct.
- 4:34No, Peter Rucker says that the function of a business is to
- 4:38create a customer. Sorry, not the function of a
- 4:43business, the purpose. Rather, the purpose of a
- 4:44business is to create a customer.
- 4:47And you can create a customer by exercising 2 functions, which is
- 4:51marketing and then innovation. Sorry, let me step back a bit.
- 4:55The purpose of a business is to create a customer.
- 4:57Now some of you will say no, Peter Rucker is not correct.
- 5:00And I was one of those people because in my own mind, the
- 5:02purpose of a business is called hard cash.
- 5:04Make that money. If you had asked me back then
- 5:10reading that book, that is what I thought when I came across
- 5:13that paragraph. I said no, Mr. Drucker, you are
- 5:15wrong. The purpose of a business is to
- 5:18create cold hard cash. And I know some people at the
- 5:23time who would have said, no, the purpose of a business is not
- 5:25to create cold, cold, hard cash. That the purpose of a business
- 5:28is personal development, That in building a business, you grow
- 5:32yourself, you develop yourself. So that's the purpose of a
- 5:34business. Then there are people who say
- 5:36that no, the purpose of a business is societal impact.
- 5:39That I've been put on this earth to fulfill my mission and that
- 5:42my mission is to move generations and inspire this and
- 5:44change the environment and blah, blah, blah, blah, blah.
- 5:47So some people say that that is the purpose of a business.
- 5:51Either way, I found that Mister Drucker was wrong.
- 5:54But as I continue to grow in business, small, small, I
- 5:57started to reason it. I was like, OK, Mr. Drucker is
- 6:00actually correct, Sir, because all these other things that we
- 6:03want to do for those who also want money so we can flex for
- 6:06those of you who want to change the world, you know, where you
- 6:09need the resources, or for those of you who want to develop
- 6:11yourself and so you're looking forward to the challenge.
- 6:14We cannot change the world or get the money or develop
- 6:18ourselves except if we have a customer.
- 6:21So for this, my friend, now my small friend wants to enter into
- 6:25the jewelry business. She can be loving jewelry from
- 6:28now to tomorrow, but until she gets until she creates a
- 6:31customer who will pay her money, she will not be able to flex.
- 6:34Until she creates a customer who pays her money, she won't go
- 6:38through the process of personal growth and development because
- 6:41chasing down customers, it's a it's a it'll make you grow.
- 6:47Let me just put it like that way.
- 6:48Business will make you grow. You can't be mature for a while,
- 6:51but business, you want to do it right to business will make you
- 6:53grow. And then if she wants to change
- 6:56the world and she wants to change the environment, she just
- 6:58creates the customer, get that money, then from that money and
- 7:01influence should be able to change the world.
- 7:04So that's how I sort out my man Drucker actually was correct.
- 7:07Peter Drucker, not a bad guy. And then his writing style is
- 7:10very accessible. So just go and read any of his
- 7:13books. So the role of a business is to
- 7:16create a customer. Now, Peter Trucker says that you
- 7:18create a customer by using two functions.
- 7:21Number one is marketing. Number 2 is innovation.
- 7:24I don't talk about innovation at all on this podcast because
- 7:27everybody talks about innovation.
- 7:30Now, innovation does mean you're making changes.
- 7:33I am making improvements over time.
- 7:36So Trucker says that you can either innovate on the product,
- 7:39that's the thing you're selling, or you can innovate on service
- 7:42delivery. So when you innovate on the
- 7:44product, you're just trying to say how can we build XYZ?
- 7:48How can we design XYZ? How can we design, You know, how
- 7:51can we, I don't know, produce better gems?
- 7:55That's back to my friend who wants to sell jewelry.
- 7:58How do you produce better gems? That's the question of
- 8:01innovation. Then I can also make changes in
- 8:04service delivery. So service delivery now, oh,
- 8:08that'd be now OK Changes in customer service, that will be
- 8:11an innovation. Changes in mode of delivery,
- 8:14that will be an innovation. Let's see, what else?
- 8:16When do you get the point? But Shah, there's more than
- 8:20enough podcasts about innovation.
- 8:22So just go and subscribe to anyone out there.
- 8:24You'll be fine. Now, there are not too many of
- 8:26us who talk about sales. That's the reason why I have
- 8:30this podcast. But anyway, remember, we're
- 8:32still at marketing and innovation.
- 8:35So the purpose of a business is to create a customer.
- 8:38You create a customer by exercising 2 main functions.
- 8:42Number one is marketing. In fact, Drucker says it is.
- 8:47He puts it as #1 for a reason. Then #2 is innovation.
- 8:52Now marketing is our business function that lets our potential
- 8:56customers know that we exist, know that we are here, know what
- 9:02we do, know how we can help, know how they can reach us.
- 9:06You know everything. That is what marketing is.
- 9:10It tells our potential customers we are here, Moti Debe have
- 9:15arrived on more ground. That is the function of
- 9:20marketing. Now marketing, marketing as a
- 9:25department or as a mother. Marketing has many children or
- 9:29many sub functions. So PR, public relations is a
- 9:33function of marketing. Branding is a function of
- 9:36marketing. Advertising is a function of
- 9:38marketing. Sales is a function of
- 9:40marketing. Merchandising, exhibitions,
- 9:43promotions, you name it, they are all functions of marketing.
- 9:49Some of you want to argue and say in my opinion, look, that
- 9:51this is not a matter of my opinion.
- 9:55Whatever school you graduated from, go back to that school.
- 9:57Go to the business admin department, go and pick any book
- 10:02of marketing and read. You will see that what I'm
- 10:04telling you here is true. So stop paying attention to all
- 10:08these social media influencers who start creating all kinds of
- 10:11debates about marketing and PR. Which one is better?
- 10:15What do you mean marketing and PR?
- 10:17Which one is better? PR is a form of marketing.
- 10:20Although say branding and marketing, which one should you
- 10:22pay more attention to? What do you mean about that?
- 10:25Branding is a form of marketing and then those say sales and
- 10:29marketing, which is better? What are you talking about?
- 10:31Sales is a form of marketing. So for those of you who've been
- 10:35following this city debates online and you don't quite
- 10:38understand where all detention is coming from, this is the
- 10:42reason why you're confused because you're working tandem.
- 10:46Marketing is the mother. All of them are the children.
- 10:48So me as a sales professional, marketing is my mother.
- 10:53You who are listening now as a brand professional marketing is
- 10:56your mother. So in one sense, you can see
- 11:00that this is the relationship between branding and sales.
- 11:06They're both forms of marketing. They're both children of the
- 11:09same mother. So if you want to understand
- 11:13branding sales, how they work together to, to, to grow your
- 11:19business, this is the beginning of how you get that done.
- 11:23Sorry, one moment. Sorry about that.
- 11:27Like I said, the kids are home so hard to attend to my son.
- 11:31All right, OK, yes, now I was trying to give you guys the all
- 11:36I put it now the theoretical foundation so that you
- 11:38understand the relationship between brand and sales.
- 11:42And then we'll now figure out how it factors into how all
- 11:47these factors into, you know we Niger entrepreneurs how we
- 11:51should get our house alone. So branding and sales, now we
- 11:55have established that branding and sales, they are both
- 11:58marketing functions. In Niger.
- 12:02When people say branding, what they mean is the mean logo, the
- 12:06mean font, the mean color, the mean palettes, the mean design,
- 12:09the mean texture, the mean brochure, the mean, you know,
- 12:12all those things. So in Niger, every time you hear
- 12:15branding, that is what people mean.
- 12:17By the way, branding has a bigger meaning, but we'll talk
- 12:20about that later. But for the purposes of this
- 12:22podcast, this particular segment, when you hear brand,
- 12:27that is what people are talking about in Niger.
- 12:30They mean what is your logo? What is your font, what is your
- 12:33color? What is your design?
- 12:34What does your brochure look like?
- 12:35What does your website look like?
- 12:37Have you rented office space? What is your layout like?
- 12:40You know, blah, blah, blah, blah, blah.
- 12:41That's what people mean when they say branding.
- 12:44Now sales or selling, on the other hand, is what goes on in
- 12:50one to one interactions. You're face to face with a
- 12:53potential customer or you're ear to ear on the phone with a
- 12:57potential customer, or your keyboard to keyboard typing with
- 13:00a potential customer, DM ING with a potential customer, DM
- 13:03with a prospect, DM ING with a contact.
- 13:08If you're in that situation and you're trying to facilitate,
- 13:11facilitate a purchase or you're trying to build trust, then
- 13:14you're doing the function of sales and you're doing the
- 13:16function of selling. Now, with this in mind, seeing
- 13:23that they're both paying attention to two different
- 13:25things, why would people start pitting them against each other?
- 13:27There's no competition. These two things are important.
- 13:30Let's go back to the Niger idea of branding.
- 13:33Your logo is important. Your font is important.
- 13:35Your color, your palette, your design, your texture, your
- 13:37websites, all of that is important.
- 13:41And that has nothing to do with when I am face to face with a
- 13:44potential customer. Hope you guys hope you guys are
- 13:48like you get where I'm coming from.
- 13:51The website design doesn't have nothing to do with when I'm
- 13:54talking to a potential customer is a separate something, but
- 14:00they are both important. Now.
- 14:03This is the reason why they're important to understand why
- 14:05they're important and we need to explore the Oibo concept of the
- 14:12Oibo concept of branding and sales alignment because they
- 14:17also talk about sales and marketing alignment.
- 14:18But let's just talk about branding and sales alignment.
- 14:21Remember, we're going to use the Oyubo idea now because as far as
- 14:25I can tell, Nigerian practitioners, you know, like we
- 14:28haven't given much thought to it.
- 14:30Everybody keeps on going along with this whole thing of sales
- 14:33and marketing alignment, assuming that sales and
- 14:35marketing are separate things. So this is the idea behind the
- 14:40Oyubo concept of branding and sales alignment.
- 14:43Now, Oyubo people say brand is important because the brand
- 14:46breeds familiarity. People know you, they feel you.
- 14:51Familiarity will breed trusts, like OK, been seeing these
- 14:55people around, we trust them. You'll breed some recognition.
- 14:58And so because of that, it will be easier to close the sale.
- 15:01And yes, it makes sense. It makes a lot of sense, makes a
- 15:04lot of sense. If I'm coming to sell Coke to a
- 15:10wedding venue and I come with three brands, I call me Coke, I
- 15:16call me Biggie. Then I come with OKchuku and
- 15:19Sons. You know every single event
- 15:22hall. Well, I'm using event hall
- 15:24because after legal practice and after civil service, I started
- 15:28as a wedding photographer. So every single event hall in
- 15:31Nigeria, everybody, every event hall knows Coca-Cola.
- 15:35Now some event halls will know Biggie because Biggie is making
- 15:39some inroads. Like Biggie is in Lagos, Biggie
- 15:42is in Abuja. I noticed that when I'm in
- 15:46Makuti, I don't really see Biggie.
- 15:49And I have, I know one or two people in the east.
- 15:54And you know, it's not as if biggies like any, I don't know,
- 15:58let me, in fact, let me just stick to the one I know biggies
- 16:01in Lagos, biggies in Abuja. And then Bob Biggie is not
- 16:04really in Penal State. I've not, I've not seen it in
- 16:08any shop. I drank it in somebody's house,
- 16:10but seen it in the shop I didn't see.
- 16:13Then the last one is Okajuku and songs.
- 16:16Let's just assume that it exists.
- 16:18Nobody knows Okajuku and songs. So if me as a salesperson, I'm
- 16:23trying to sell my drink now to the wedding hall or to the food
- 16:30establishment or whatever so that they can be keeping drinks,
- 16:35Coke will be easier to sell than Biggie because Coke, everybody
- 16:38knows Coke. Biggie will be easier to sell
- 16:42than OK Chuko and Sons. If OK Chuko and Sons is a brand
- 16:44new cola drink that has just been recently launched.
- 16:48So the Ulibo concept of branding and sales alignment is on point.
- 16:51It's perfectly correct is correct.
- 16:55The brand will make you more familiar.
- 16:57The brand is going to make people trust you.
- 16:59The brand is going to give recognition.
- 17:01That recognition will make it easier to close the sale.
- 17:07So this is my warning to Nigerian entrepreneurs.
- 17:10This whole process that we've spoken about now, the UEBO
- 17:13conception of brand takes time to build.
- 17:17It takes a while before you become a familiar brand, before
- 17:21you become a trusted brand, before you become a recognized
- 17:24brand. That takes time because brand is
- 17:29not just your logo and brand is not just your font and your
- 17:33design. There's plenty of things going
- 17:36on on the ground and those things take time to build.
- 17:41The brand is a sum total of all the interactions that customers
- 17:45and members of the public have with your business and this
- 17:48fledgling brands that you are trying to build.
- 17:52So if building a brand is going to take time, why are you
- 17:57wasting your time with logo and with font and with this and with
- 18:00this? Now assuming that is the most
- 18:02important part of your business before you begin if you want to
- 18:06be a jewel, a jewelry person. So I'm not sure if people call
- 18:10yourself, those of you who buy and sell diamonds and gold and
- 18:13silver and everything if you want to be in that business.
- 18:18But now we've established that building a brand, a real brand,
- 18:21will take time to achieve familiarity, trust, recognition
- 18:24and all that. Why are you wasting time on logo
- 18:26and front and this and this and that and that?
- 18:28You are slowing yourself down unnecessarily, my friend.
- 18:31Get your capital, go out, then start selling.
- 18:36The brand will be crafted, the brand will be curated, the brand
- 18:38will be cultivated with time, as you interact with people, as you
- 18:43meet customer. In fact, this whole thing of
- 18:45logo and font and everything, is it not when you meet with your
- 18:48customers that you even know the kind of brand you should design?
- 18:52What if you step into the market and then it turns out that you
- 18:55have mostly a northern audience? Is that not?
- 18:57Is the fact that most of your clientele are northerners?
- 18:59Is that not something significant enough to determine
- 19:02the kind of font you use, the kind of color you use, the kind
- 19:05of name you have? The kind, is it not?
- 19:11Please, you should stop wasting your time.
- 19:14Brown people is not a quarrel. What you do is very, very
- 19:17important. All I'm just saying is that too
- 19:19many Nigerian business people are putting the cat before the
- 19:22horse. They're putting the brand first
- 19:24before they begin. Meanwhile, the brand is
- 19:26something that comes later on. The one that we need primarily
- 19:29now is selling because selling, excuse me, because selling is
- 19:34the one that puts you face to face or ear to ear over the
- 19:40phone or keyboard to keyboard with a potential customer so
- 19:43that you can facilitate the sale.
- 19:45So those of you who are trying to go into business now, it is
- 19:48not brand you need first, it is sales that you need first.
- 19:56Brand is important, but don't waste too much time over
- 19:59thinking this because let me tell you what will happen and I
- 20:03hope this my small friend will take my advice.
- 20:05But this is what happens. You come up with the idea in
- 20:08November, you meet somebody on the Internet and you talk about
- 20:12the idea in December and you talk it to a couple of other
- 20:17people in your family in December.
- 20:18Everybody thinks idea is a good idea then.
- 20:22In January, last week of January, you have a conversation
- 20:27with someone and then you realize that you spent November,
- 20:29December, January not quite doing anything.
- 20:34Instead, you've been thinking of brand name, you've been thinking
- 20:38of color, you've been thinking of design, you've been thinking
- 20:41of website URL, you've been thinking of registering
- 20:45business. You've been thinking of all
- 20:47these other things. Meanwhile, from November to
- 20:49January ending, let's just say February, you haven't spoken to
- 20:54a single person. You haven't bought a single
- 20:57stone, a single silver, a single diamond, a single zinc, a single
- 21:02earring, a single whatever. You haven't bought a single one
- 21:05and try to sell to a single person.
- 21:07So what happens is all of February now will be coming up
- 21:10with business name. Then all of March you finally
- 21:13register with CAC. Then all of April, you finally
- 21:16get your design down. Then all of May, June, July will
- 21:20be designing website. Of course we know that website
- 21:23boys never deliver on time. So in fact you finalize the
- 21:26website maybe like in July or August.
- 21:29That's when you now be launching the business.
- 21:31Something that you decided you are going to do.
- 21:34Yeah. In November of 2025 because
- 21:38you're chasing brand. You won't start until August of
- 21:402026. If you don't believe me, stop
- 21:46paying attention. Look around your friends, your
- 21:48cousins, your classmates. You see that what I'm saying is
- 21:50perfectly true? True.
- 21:52The most important thing that you need is sales.
- 21:55Is it a good idea? Oh, cool.
- 21:57Your mentor agrees with you. Cool.
- 21:58Pops here and moms here agree with you.
- 22:00Cool. All right.
- 22:01Go and sell something. That's it.
- 22:05So thank you very much for listening.
- 22:07Remember, if you'd love to connect, you can call, send me a
- 22:09text message via WhatsApp message on 08064662140.
- 22:15Thank you very much for your time and attention.
- 22:16I'll catch you all some other time.