Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / No Budget? No Problem! Strategies to Turn Stalls into Sales
Transcript
- 0:01Hello and welcome to the show. Before we begin, apologies,
- 0:04because there's going to be some noise all around me, but as
- 0:07usual, that shouldn't stop us from having an impactful episode
- 0:11today. Also, the sore throat is it's
- 0:16hanging in there. So I might sound a little nasal
- 0:20and maybe there might be some coughing and hacking, but I'll
- 0:22try to be mindful of your eardrums.
- 0:26All right. So let's see.
- 0:28OK, So before I take a break, I think on the previous episode,
- 0:31that's when we made The Detour and I spoke about how ladies in
- 0:38leadership positions feel the, what would I say, the pressure
- 0:43or the demands to show up as less than authentic in business
- 0:47environments and in work environments.
- 0:49Now the time that I made the episode, after I put it off, I
- 0:52figured, what was that detour all about?
- 0:54You know, was there a need for me to address those kinds of
- 0:58stuff over here on the podcast? But then this morning on the
- 1:02drive out, I was having a conversation with my wife.
- 1:04And unrelated, you know, she brought out a couple of these
- 1:06things about how when she started work as a younger girl a
- 1:12couple of years ago, back when she got involved in a Regulatory
- 1:18agency, how there were some of these pressures, not her.
- 1:23And some of the young ones felt that the younger ladies felt to
- 1:26appear professional but at the same time yet be chill.
- 1:30Now of course I remember those days because we used to talk
- 1:32about it and you know, for her there was no pressure per SE.
- 1:37I mean like she felt what the, you know, she felt what the
- 1:42expectations seem to be. But it was something that she
- 1:45totally balked at. And there was also another
- 1:48friend of hers who was there, so navigating the whole thing for
- 1:52her didn't see much of a problem.
- 1:53But other women seem to face those sorts of things, so I
- 1:56guess me making that topic was topical or good enough.
- 2:03So I guess it's not just the random post that I saw on
- 2:06LinkedIn. And the bottom line what I'm
- 2:09saying is that your young lady listening to this podcast, well,
- 2:12even an older lady too, because like I said, I've had some of
- 2:15these conversations with my aunties.
- 2:16So whatever stage of business you are at or your career,
- 2:20you're feeling some of these things, some of these pressures.
- 2:24Then listen to the previous episode and hopefully there's
- 2:28going to be some Nuggets of wisdom over there.
- 2:31Now you guys will be glad to hear that we are going to be
- 2:35back on topic from this episode and before I made the two
- 2:38Detours, we have been talking about objections that people
- 2:41face in business. And objections are any reason
- 2:45that your potential customer, potential clients, the person
- 2:48that you're talking to, your teammate, your departmental
- 2:52office colleague, whatever the reasons that they give for not
- 2:55wanting to go ahead with the sale, with the project, with the
- 2:58agenda, with the whatever it is you guys and people working on.
- 3:02So if you say, I think we should do A and the person says no, not
- 3:06a. Whatever that noise, that is the
- 3:08objection. And this current set of episodes
- 3:13that we're going to be working on, hopefully we're not going to
- 3:15make any more details until we're done, is to look at
- 3:18scenarios where these things come up and then to come up with
- 3:22a way for how to go around them. Now remember, for those of you
- 3:27who've been listening for a while, I pointed out that
- 3:29there's a difference between objections and conditions.
- 3:34If something is an objection, it means that, you know, you might
- 3:37have missed something. There might be room for some
- 3:39progress. If you can understand what is
- 3:41going on, get some more information, and then reframe
- 3:45the proposal or reframe the discussion, you might be able to
- 3:48move ahead. But sometimes something is and
- 3:53is a condition, and that means that there's some prerequisites
- 3:55that have to be met and so you can go ahead.
- 3:58The examples that I gave, for instance, was sale of alcohol to
- 4:03minors, for instance. So you're trying to sell the
- 4:07latest drink, whatever it is. Let's say you you have this,
- 4:14what I just seen called bitas. Yeah, like Odogo Bitas and what
- 4:20else There's Odogo Bitas. There's anyway, you you get my
- 4:25point. For those of you that love
- 4:26alcohol, the those Bitas drinks, so you're trying to sell the
- 4:30bitas. The person looks at you and
- 4:32person says, hey, I'm 15 years old.
- 4:35In that case, that is a condition because the
- 4:38prerequisite is, at least according to law, that you have
- 4:41to be 18 to drink. So in that situation, just stop.
- 4:44This is not, this is not an objection.
- 4:46It's a condition. It's a prerequisite.
- 4:48So stop. Don't go ahead.
- 4:49Another example that I gave, Yeah, I know it was dramatic,
- 4:52but I did it to prove a point. If you sell female shoes and you
- 4:55happen to be talking to a man, some of you might say it doesn't
- 4:58matter. He's a man, but he has a woman
- 5:00in his life. So let me push on.
- 5:01I'm sure I can make the sale. But if you're talking to a man,
- 5:05and the man has no wife, he's a widower and the man has no
- 5:10daughters. He only has boys.
- 5:12And let's say he has no sisters, and let's say he doesn't have
- 5:17any close friends in the office. Now that's an extreme example,
- 5:21because what are the odds that you're going to run into a man
- 5:23who has no female relatives, dependents, loved ones?
- 5:27But I'm just doing it to prove a point.
- 5:29In that kind of situation, there's no sale to be made there
- 5:33because you sell female shoes. This man is not going to use it
- 5:35himself, except if he's a cross dresser.
- 5:37There are no woman in his life that he can buy it as a gift
- 5:39for. So in that situation, just weave
- 5:42and move on. Now, by the way, for those of
- 5:45you thinking about some of these unlikely scenarios, today I was
- 5:48at an event and I heard about one really, really, really
- 5:51unlikely scenario that has occurred, at least for
- 5:54Nigerians, it sounds to be unlikely.
- 5:57And that is when you run to somebody who claims that they
- 6:00have no uncles and they have no aunties.
- 6:02Now in the Nigerian setting, that doesn't make sense because
- 6:05a whole bunch of us are from fairly large families.
- 6:08Now, my mom only had two kids, but we had a bunch of cousins
- 6:11growing up with us, so my parents raised 777 kids
- 6:16collectively. And then my father was #4 in 11,
- 6:24I think, or 10, and my mom was #5 of five of 12 or something
- 6:32like that. So for those of you who are not
- 6:36Nigerian, especially those of you listening from America,
- 6:38because for now, half of my listeners are still Americans
- 6:41and I'm surprised. So you're Americans.
- 6:42It'd be nice if you reach out, hit me up in the DMS, let me
- 6:45know what's up. Let me know why you guys listen
- 6:46to the show. And perhaps maybe there's some
- 6:48things that I'm out to clarify for you guys.
- 6:51So for those of you listening from that part of the world, it
- 6:54might sound strange, like, what the hell, 10 kids, 12 kids, you
- 6:58know, it's just the. That's just the reality.
- 7:00We are talking to Nigerians of a certain generation.
- 7:03So for people in my own generation, if you hear that
- 7:07someone doesn't have any uncles or aunties, like what?
- 7:09How can that happen? Well, today I found out it can't
- 7:13happen. There was someone who was the
- 7:16child of only children. So let me repeat.
- 7:21There was someone in the event. A lady.
- 7:23Her father is an only child, her mom is an only child, therefore
- 7:28she has no uncles and she has no aunties.
- 7:30So sometimes I come up with all these ridiculous scenarios, but
- 7:35I guess sometimes it happens. So you might run into Nigerians
- 7:38out there who have no uncles and aunties.
- 7:40Sounds strange, but it does happen.
- 7:42Now let's get back on topic. Today's objection since we've
- 7:46already looked at, we've looked at one, we've looked at it's too
- 7:51expensive, I can't afford it, you know, blah blah, blah, those
- 7:53sorts of things. So this your first time
- 7:55listening to the show and you want to figure out the
- 7:58framework, the process, the mindset for dealing with when
- 8:00someone says I can't afford it, you're too expensive, then skip
- 8:04back two episodes. There's going to be the episode
- 8:07of any, don't worry, just skip back two episodes.
- 8:10You get the point and you find out what we discussed about how
- 8:13to handle those sorts of situations.
- 8:16So today, well, we're to look at another money based objections.
- 8:20That's when people give money as a reason for not going ahead and
- 8:23that is when people say no budget is allocated for now.
- 8:27Now I know for most of you listening to the show Nigerians,
- 8:31I'm sure it's something you haven't come across because you
- 8:32guys are either used to, OK, no problem, give me your account
- 8:37details or you're too expensive. Bring down the price.
- 8:42I'm sure a lot of you haven't come across no budget allocated
- 8:45for now. It does happen and it happens
- 8:48when the prospect hasn't considered your product or your
- 8:51service before. Now there are a whole bunch of
- 8:53you running around claiming to be AI specialist, AI, prompt
- 8:57engineers and blah blah blah and things like that.
- 8:59You guys are most likely going to come across this sort of
- 9:06objection because it's not something that most
- 9:08organizations have considered before.
- 9:11So you go to talk to the Minister of Finance, you're
- 9:13saying that you want to run the training on AI, prompt
- 9:15engineering And because as the apex regulator in Nigeria, the
- 9:20people should be aware of global trends and how you can help make
- 9:23that job more efficient, you know, data crunching, reporting,
- 9:27blah, blah, blah, blah, blah. Yeah, you can do all that whole
- 9:29spiel. But by the time you're done, the
- 9:32secretary to the Pam SAC or the whoever you're talking to can
- 9:35say, well, no budget allocated because the, you know, budgets
- 9:42are approved on an annual basis and you know, they approved all
- 9:44the training for this coming year.
- 9:46And Shah, there's no budget. So you, yeah, guys, you're going
- 9:50to hear that sort of thing. Then it also happens where your
- 9:53product requires significant investments, you know, capital
- 9:55investment, those sorts of things.
- 9:56So those of you in the alternative energy space, you
- 9:58might hear that sort of thing. You're talking to folks at
- 10:02Zenith Bank or Axis Bank, you're hoping that they can buy your
- 10:05latest solar part system, you know, put a bunch of panels on
- 10:08the roof and you know, so you can soup up the whole bank
- 10:13branch. And yeah, they can't say that
- 10:15sort of thing because it's not like something that I'm going to
- 10:18pay 250K and get it over with if it's going to be the whole
- 10:21building, you know, we're talking millions and millions
- 10:23and millions because right now, what the last time I checked
- 10:27anyway, simple tubular batteries like the one that I have for my
- 10:30own inverter, it goes up and down depending on what the
- 10:33dollar, the dollar rate is. And at the time, I think my own
- 10:38batteries were going to cost about 600 grand if I had it to
- 10:41replace them because 300 grand for each I need to.
- 10:44So that's 600. You can see they're already
- 10:46close to close to a meal on that alone or talk about solar panels
- 10:50and things like that. And then of course there's no
- 10:51how that the whole bank branch is going to run on only two
- 10:55batteries. You're going to need loads of
- 10:56batteries, loads of panels. So for you boys who are playing
- 11:01in boys and girls who are playing in that big space, yeah,
- 11:04you can hear no budget is allocated for.
- 11:07Now then of course economic downturns mean some people's
- 11:11priorities change. So maybe before the election you
- 11:14are talking to a couple of people and it looked like you
- 11:17might close this solar panel deal and then the president came
- 11:21in, then there was that thing about that, his speech about a
- 11:26fuel subsidy and the energy cost triple and blah, blah, blah,
- 11:29blah, blah. I know some of you might say,
- 11:30well actually it's the reason to go ahead and buy the solar
- 11:32panels, but then people can say like look, you know what?
- 11:35We are struggling right now. Our priorities have changed, no
- 11:39budget allocated. So you can hear that then.
- 11:42There are also times when no budget allocated for now just
- 11:46means that the person that you're talking to needs to talk
- 11:50to somebody higher up. He needs to talk to his Orga at
- 11:52the top. He needs to talk to Madam CEO,
- 11:55he needs to talk to Orga below. He needs to talk to whoever to
- 11:59approve the budget because you know, budget has been approved
- 12:05for this year up to the tune of maybe 500 K and maybe they've
- 12:09already spent 460. Your solution is going to cost
- 12:12200 K So he needs to talk to somebody higher up.
- 12:17Sometimes people are not that eloquent.
- 12:18They just say budget hasn't no budget allocated for now.
- 12:21But if you press, you ask a couple of questions, you might
- 12:24figure out that what it actually means is I might need to talk to
- 12:27someone higher up to see how we can sort this thing out.
- 12:30Now if you listen to the prior episodes, then you already know
- 12:33philosophically how we're supposed to handle this.
- 12:35And the framework is always acknowledged Empathize.
- 12:37You want people to feel like they're being heard and nobody
- 12:40likes to made you feel like they're a liar or so excuse me,
- 12:46like they're a liar or their exclusive is not reasonable.
- 12:50So whatever ideas you need to do in this situation, yeah, say
- 12:53something to acknowledge or to empathize like yeah, I
- 12:56understand. You know three months ago when
- 12:58we started this conversation, things are one way, you know now
- 13:00the dollar is this. And with what President Tinubu
- 13:03said, you know, the cost of this is this like you know, I get.
- 13:07So you you always have to do that acknowledging and
- 13:10empathizing bit. Then the next stage like I
- 13:13recommended two podcast episodes ago was we need to ask
- 13:17clarifying questions. We need to go back to
- 13:20qualification and discovery. That's where we ask questions
- 13:23about the person that needs the problem that needs to be solved,
- 13:27the vision that they're trying to achieve, things like that.
- 13:30Because we're trying to get some more information.
- 13:33We're trying to understand what's going on because you can
- 13:34only come up with a new proposal or try and refocus the
- 13:39conversation. If you have more data, if you
- 13:42don't get more data, if you don't get more information.
- 13:45Keep trying to close. Based on the old set of
- 13:48information that you have, you're going to come across as a
- 13:50blockhead because you said ABCXYZ, would you like to buy
- 13:55now and the person says no budget allocated and then you
- 13:59just repeat the whole process ABCXYZ therefore buy now you
- 14:03come across as a blockhead and they don't want to have anything
- 14:05to do with you. But if you pause, you
- 14:08acknowledge yeah, I understand times of change, the economic
- 14:11climate, blah blah blah, cost of fuel.
- 14:13He asked a couple of questions and you figure out this is one
- 14:16of those situations that maybe the guy needs to talk to a
- 14:18higher up, Then the problem is a whole lot easier.
- 14:21If he wants to talk to a high up, there's room for for for
- 14:26some flexibility here, you can give him time to talk to his
- 14:29boss, come back at a later date, negotiate payment terms, try and
- 14:33phase out the application. No, no application.
- 14:37What's that word? Is it execution?
- 14:39Yeah, let's, let's go with execution for now.
- 14:41So there are lots of options that can be done, but The thing
- 14:43is you can only do that after you ask some clarifying
- 14:46questions. And when you ask clarifying
- 14:48questions, you're trying to figure out if there is a need or
- 14:50people are even interested in the 1st place.
- 14:52So back to the whole AI thing. You're trying to talk to
- 14:55somebody in the Ministry of Finance.
- 14:56Maybe your uncle or your auntie works in Ministry of Finance.
- 14:59She's been able to hook hook you up with a meeting.
- 15:01So you want to try and sell them on this AI thing.
- 15:03After all, everybody's talking AI.
- 15:04So you figure me too, I use AI. Now let me just do this in a
- 15:08sharp, sharp, let me say I can make a quick 500K maybe one M
- 15:11out of this whole thing. You know, go on stand and give
- 15:15them training session, you know talk for two hours and then
- 15:18collect one M you know that kind of thing because there are
- 15:20people who think in that, in that sense, think in those
- 15:24terms. So I think, you know, just
- 15:28having a quick one and you need to find out is it that the
- 15:33Minister of Finance person that you're talking to thinks that
- 15:36there is a need, that people in the Minister of Finance need to
- 15:38be trained up in AI so they can do data crunching better and
- 15:42blah blah, blah. Or is it that the person has,
- 15:44doesn't even know what AI means and as far as the person is
- 15:47concerned, you're just here wasting that time.
- 15:50They only took this meeting out of a a, a favour to your uncle
- 15:54or to your auntie who hooked it up, you know, because they
- 15:57respect your auntie. So they just decided to take
- 15:58this meeting. So you need to ask this question
- 16:00and try and figure out where you stand because that depends on
- 16:03how you're going to go ahead. If this person.
- 16:04I think that there's absolutely no need, no point in continue
- 16:07talking to this person. Hopefully you have not been
- 16:10doing this deal single threaded. Single threaded is when you're
- 16:13only talking to one person within the organization.
- 16:15If you've been single threaded then or your is your own as in
- 16:19there's no nothing else to do so.
- 16:21But if you've been multi threaded, you know, no problem,
- 16:24you can ease off on this guy and see how you can start talking to
- 16:26other people to see how you can move your agenda.
- 16:30Then if there is interest, the person thinks that AI is the
- 16:33future and Nigeria can't be caught behind, we need to know
- 16:36about AI, you know and those sorts of things in our public
- 16:39service. If there's interest then there's
- 16:41room for options and we will address more those options in
- 16:44the future. Then like I said, sometimes
- 16:46there's no budget means it's just a temporary hurdle.
- 16:48As per we budgeted 500K for training, we've already used 480
- 16:52what you're proposing cost 200. Then in that case, you can see
- 16:56that the options like, OK, no problem.
- 16:58You guys spend 480 times that 20 K remain and I'm saying that
- 17:01this thing is going to cost 200 grand.
- 17:03So no problem. Why don't you just drop the 20 K
- 17:05now and then we'll sign all the paperwork and then for the next
- 17:09budgeting cycle, you guys will drop, you know, half the money
- 17:14in the first one month and then the remaining in the next two
- 17:16months or something. But you get my gist.
- 17:18So if it's a temporary hurdle, these are the kind of moves that
- 17:21you can now start doing. But you need to ask the question
- 17:24is that there's no need, there's no interest.
- 17:26I believe it's a temporary problem or is it that you guys
- 17:29are having cash flow constraints, you know, so you
- 17:32guys can start talking about payment plans, you know, all
- 17:34these sorts of things. Or well, after having all these
- 17:39sorts of conversations, you can also try and refocus on the long
- 17:43term value to show that this product is actually going to
- 17:45give you cost savings. So back to the solar power
- 17:48example, you know, Zenith Bank might say, look, cost of energy,
- 17:53we can't go ahead. You know, I guess your argument
- 17:55would now be like, hey Bros actually or Madam, but I'm bank
- 17:59MD now is the time to go ahead because of the whole cost
- 18:02because based on unique economics, what we've calculated
- 18:06with these new prices, this is what you're going to spend in
- 18:08six months. But if you buy this solar even
- 18:11though the cost you only, you're going to put the cost in this
- 18:15first year's budget, you see that over the next three or four
- 18:18years you're actually going to be saving hundreds or millions
- 18:21amounts of naira, you know, in savings, you know monthly or
- 18:26annually or whatever if you just buy the system now.
- 18:28So that can be the argument. So just trying to focus on long
- 18:32term value when people say that we don't have budget, you're
- 18:34trying to focus on cost savings or efficiency or all that all
- 18:39that kind of stuff. Let's see.
- 18:41OK, 20 minutes. Let me try and wrap up real
- 18:43quick. So remember if you ask questions
- 18:47and it looks like this is a temporary hurdle or it's just
- 18:50cash flow issues that are going on or they're interested, but it
- 18:53looks like they're in a tight condition, then the things I
- 18:56spoke about earlier, you know they now come into play.
- 18:59They can offer flexible options or they can offer payment plans.
- 19:06When I say flexible options, I don't mean, I don't mean reduce
- 19:09the price though. I mean, you guys have been
- 19:11listening to the podcast for a while, know that I really think
- 19:14this whole reducing the price thing, it's, you know, it's when
- 19:17your hand is tied. But don't just start off with
- 19:19reducing the price, the price. So when I say flexible options,
- 19:22that's why you try and dig down, figure out exactly what they
- 19:24need and then adjust the quote accordingly.
- 19:26So back to the solar panel, the alternative energy solutions
- 19:32thing. That'll be the stage where you
- 19:33say that. OK, you know what, Madam Bank
- 19:35MDI understand, But how about we do it this way?
- 19:38We'll leave only leave the AC in the general banking area and
- 19:42then in the offices. But then we'll disconnect the AC
- 19:44in this place. Disconnect the AC in that place.
- 19:47We'll remove the freezers and the fridges.
- 19:50OK. No, bank branch should not have
- 19:51freezer. OK.
- 19:52The shaft, fridge and water dispenser.
- 19:54OK, yes. So remove the fridges, remove
- 19:56the water dispenser. If you do that, the number of
- 19:59batteries will drop down, Number of solar panels will drop down
- 20:02instead of spending eight M We will not be able to do this
- 20:05project at 6.2, you know, something like that.
- 20:09So flexible options then payment plans, just like I said, they
- 20:13say. Budgets, the only budgets have
- 20:16500 K they have spent 480, you know, that's why you now start
- 20:19doing that much like, oh OK, that means you guys have 20 K
- 20:21drop 20K. After we do like this, we drop
- 20:2450K. After we do like this, we drop
- 20:26the remaining 150K. You know, that sort of thing.
- 20:28Or a phased implementation like, OK, we can execute this part in
- 20:32this part of your budgetary cycle, especially for those of
- 20:35you who are dealing with corporations or maybe government
- 20:38agencies where you know you have to catch them before budget is
- 20:44approved or else Viola. So you can do a phase
- 20:47implementation that, OK, we'll do this phase now we're
- 20:51targeting next phase when you get the next tranche of funding
- 20:55or budgeting or whatever or you know, you're offered trial
- 20:58periods anyway. I'm just saying that get your
- 21:03creativity cap on, you know the options, then put it that way.
- 21:07Then if you are in that situation where you are kind of
- 21:11not sure like is there a need, are they interested?
- 21:16Maybe they are, maybe they're not.
- 21:18You're in one of those situations you don't quite know
- 21:19what to do. Just throw the people back into
- 21:22your relationship nurturing or your relationship building
- 21:25sequence. Those are your protocols, your
- 21:27processes, your frameworks, you know in your CRM.
- 21:31Remember CRM is customer relationship management tool.
- 21:34Over here on the podcast I've been advocating for a very long
- 21:37time that your CRM doesn't have to be anything fancy.
- 21:40Even if you're using Excel sheet or you're using Google Calendar
- 21:44or using your diary, still the same all joint for now that is
- 21:48CRM. When you have money you can buy
- 21:50something much more fancy. So just put the person's number
- 21:57back in your diary and move the date for two weeks, a month or
- 22:02whatever, whatever cadence feels more comfortable to you.
- 22:05That's one thing about relationship notching and
- 22:07relationship building. The aim here is to remain top of
- 22:09mind. People should have a reason to
- 22:12see you and to hear you, whether in real life or in social media.
- 22:16So even if it's just you're branching their office in
- 22:19another two months or you say I know hello.
- 22:21Got no problem. Who are you on LinkedIn.
- 22:23OK, I'm on LinkedIn to let me let me send you connection
- 22:25request follow me the personal leads to be seeing you you know
- 22:28you pop up on their social media that's the whole thing remain
- 22:32top of mind then the goal is you're trying to provide
- 22:35valuable contents you're trying to provide insights for them you
- 22:38know things like that. So when you pass through the
- 22:39office in two months, don't pass through to say oh God how now
- 22:43Madam, how now I just may I agree to you you know that that
- 22:45I just came to greet that that is a lousy way to follow up.
- 22:49There should be something insightful behind your visit if
- 22:51you're passing three or three years time to say oh Madam CEO,
- 22:55Madam MDI was in the neighborhood blah blah blah.
- 22:59You know on the news what they've been talking about
- 23:00recently about how federal government is battling Bitcoin
- 23:06exchanges and no what not the cost of forex is expected to
- 23:12drop by so so soon and so percent.
- 23:13You know, Madam MD, it looks like if we're serious, this
- 23:16might be the time to move ahead because of the price drops.
- 23:19If Forex goes from, how do they say this thing again?
- 23:24If the price of naira to dollar goes from, you know, $1000 to
- 23:30750, this project that we build for you at 7:00 AM, you know you
- 23:37might experience a reduction of so, so, so and so something So
- 23:40you can see that this one is a valuable visit.
- 23:43As far as Madam MD knows, you just happen to be in the
- 23:45neighborhood you say you should come and greet and you just
- 23:48happen to mention that oh this and this and this is what in the
- 23:50booze government is doing. If this thing pans out right,
- 23:53the cost of dollar will fall from 1000 to 750.
- 23:59If it falls to 750, this is how we'll approach, sorry.
- 24:02It will affect the cost of the solar panels and the battery and
- 24:04I know what not so Madam MD, you know, if you guys are really
- 24:08keen about it, you know, now is the time.
- 24:10Oh, so let's just let's just say as we can revive this
- 24:14conversation again. So try and make top of mind,
- 24:19give them good content, give them insights.
- 24:25The whole approach is you're just trying to build credibility
- 24:27and trust so that when they have budget in the future or maybe
- 24:31when they're convinced or whatever, they might be ready to
- 24:35move ahead. So remember, this is for those
- 24:36people where you're not so sure you know, Are they interested?
- 24:40Are they not interested? You don't just throw somebody
- 24:43away like that. In my own opinion, the only time
- 24:45when you throw somebody away, like don't contact them again is
- 24:47when somebody tells you upfront. If the person says, look young
- 24:49man, you're a nuisance, don't call me again, then by all
- 24:53means, don't call them again. Because the next time they hear
- 24:55your voice, it's not going to be a pleasant experience.
- 24:58So if somebody says you're a nuisance, don't call me again.
- 25:00Don't call that person again. If the person doesn't say you're
- 25:02a nuisance, but you think that you know I've been hanging
- 25:07around this or God, I've been hanging around this, Madam, but
- 25:09there's no value I'm bringing to this relationship me ma, I'm not
- 25:12deriving any value. Then what's the point?
- 25:14So this kind of people, if you forget their number, it's not a
- 25:17bad idea. But for other people, just put
- 25:20them in relationship, nurturing, relationship building.
- 25:23Keep top of mind, keep giving them content.
- 25:25You know, insights just appear to be the trusted person in your
- 25:29field, so that when they're ready will make no sense.
- 25:32It'll be you because you're the only one that they've been
- 25:34seeing the last couple of months or years.
- 25:38Bottom line, these options are only available if you have done
- 25:41discovery properly. So make sure you're talking to
- 25:44the right person. Make sure that they have a need
- 25:46to make sure that there's a problem.
- 25:48Make sure that these people are facing some negative impacts
- 25:52that your product or your service can solve.
- 25:54If you don't do this stage of your sales conversations
- 25:57properly, then all these flexible plan and the staggering
- 26:02implementation and everything is not going to work.
- 26:06So we have to be able to do discovery properly and that's
- 26:09the reason why I keep hopping on and on on this podcast that
- 26:11sales is a conversation like you guys should be all I put it like
- 26:16you guys should be yarning. You know, you say A, they say B
- 26:19and you say D and you guys are you're flowing, you're vibing.
- 26:22If every single time you come into Orgas office or Madam's
- 26:25office and it's you talk talk, talk talk talk, presentation,
- 26:29presentation, proposal, proposal, proposal, you try to
- 26:31wire them over. They didn't say anything.
- 26:33You leave, you come back again as you doing your monologue.
- 26:36You come back in two months as you doing your monologue, your
- 26:39that that's, that's not, that's not selling this thing should be
- 26:42a conversation. That is the spirit that you guys
- 26:44should be adopting when you're trying to move your merchandise,
- 26:47sell your product or sell your service.
- 26:49Now, in case you haven't figured it out, the whole goal of all
- 26:52these activities that we're trying to do is when somebody
- 26:54says there's no budget, we're just trying to see, first of
- 26:58all, what do they mean by no budget.
- 26:59Because we're trying to figure out if no budget means.
- 27:03We're trying to see if we can turn no budget into, OK, maybe
- 27:08we can do that next quarter, maybe we can do that next year,
- 27:11maybe we can do that sometime. Sure, we can do that later.
- 27:15That is what we're trying to aim for when we are faced with this
- 27:18objection. No budget allocated for now.
- 27:23All right, 30 minutes. So let me bring it to a full
- 27:26stop here. Thank you very much for your
- 27:28time and attention. Remember to connect with me on
- 27:30WhatsApp. The number is 08064662140.
- 27:35The country code is +234 for those of you who are not
- 27:38Nigerian. And then connect with me on
- 27:41LinkedIn. I love hearing from you guys.
- 27:44My name is Tavishima Ayede. I'm the host of the show.
- 27:46You can confirm the spelling of my name from the link.
- 27:49We're currently listening to this episode.
- 27:50So thanks for your time and attention.
- 27:52I'll catch you guys at the next episode.