Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / Stop Blowing Up Their Phone: Why Complex Sales Need Follow-Through and Not Follow-Up
Transcript
- 0:01Today's podcast is going to be a very noisy one because I'm out
- 0:06and about but I'm not going to say exactly where I am in Abuja.
- 0:10So I expect to hear lots of noise in the background.
- 0:12Now the question that we're going to tackle today is how to
- 0:15do your follow-ups or follow through.
- 0:18I know everybody says follow up, but for some of us conservative
- 0:23sales trainers, we say follow through and I'm going to explain
- 0:27why in a couple of moments. So today, how do you space your
- 0:31follow-ups, your follow through? Should I be calling somebody
- 0:34every day? Should I be calling every two,
- 0:36two days? Can I call five times in a day?
- 0:39Can I call 50 times in a month? How do I space it?
- 0:42These are the sorts of things that we're going to tackle
- 0:44today. Now, if you like dwelling on
- 0:47these sorts of business issues or you have these sorts of
- 0:50concerns in running your own business, then this podcast is
- 0:53for you. So subscribe on Spotify,
- 0:55YouTube, Apple or any player of your choice.
- 0:59I'm your host, Tava Shima aide, and if you would love to connect
- 1:03with me and also get a chance to ask a question as well, then do
- 1:07so call send a text message or WhatsApp message on 08064662140.
- 1:16So let's get straight into it. How do you space your
- 1:19follow-ups? How do you space your follow
- 1:20throughs? Now the reason why is because,
- 1:24why we're tackling this today is because it's a listening
- 1:25question from Lucia who is with Rolling Stone, Rolling Stone
- 1:31Realty in Abuja. So she's a real estate
- 1:34professional. And it looks like, looks like
- 1:38this is your week because apart from Lucia on Radio Maria, my
- 1:43radio show, the business booster Show, I'm also currently
- 1:46tackling 2 questions from real estate professionals as well.
- 1:49So real estate people, this week is your week.
- 1:54So this was the actual question, Lucia said I enjoy making calls,
- 1:59but sometimes people don't pick. That means people don't answer.
- 2:04How long do I wait before calling again?
- 2:07Can I call twice in one day? I repeat her question was I
- 2:14enjoy making calls, but sometimes they don't pick.
- 2:18How long do I wait before calling again?
- 2:21Can I call twice in a day? Spoiler alert, my answer to her
- 2:27was no. And you're going to see why
- 2:29shortly. But before we get to the answer
- 2:31and why it's not a good idea to be calling somebody twice a day
- 2:34to be blowing up somebody's phone, let's just go through
- 2:37some definitions. So like I said, Lucia said
- 2:41follow, follow through. Sorry.
- 2:45Yeah, Lucia said follow up. And all the real estate
- 2:51professionals who have reached out to me so far always say
- 2:54follow up. In fact, it's a Niger thing to
- 2:56say follow up. However, like I said,
- 2:59conservative sales trainers like myself, we say follow through.
- 3:04And this is the difference. There was a book written in 19
- 3:14things like 86198687 I think, I'm not sure, maybe 76.
- 3:19Anyway, the book is called Spin Selling by Neil Rackham, SPIN,
- 3:25Spin Selling by Neil Rackham. Now in Neil Rackham's book, he
- 3:31explored some really interesting, all I say, dynamics
- 3:37that occur in sales and that help people to close sales.
- 3:40And two of these ideas were called continuations and the
- 3:44other idea is called advancements.
- 3:47Let me repeat. One of them is called
- 3:49continuations. Another one is called
- 3:52advancements. Doris, what if you are wondering
- 3:55where am I heading? Door.
- 3:56You, you, we'll see. We'll get there.
- 3:59So continuations is a dynamic that Neil Rackham observed when
- 4:07researching professional salespeople.
- 4:10And continuations is the situation where you're having a
- 4:13conversation with someone. You guys might be friendly or
- 4:16maybe you're not, but either way, you are not entirely making
- 4:20progress in this conversations. You're reaching out to people
- 4:24only to find yourself reaching out again and again and again.
- 4:28And he's our safe, you know, ringer, ringer, Rosie, as in his
- 4:31job, round, round, round, round, round.
- 4:32But you're not going forward. You've called somebody 20 times
- 4:37in the last month or 100 times in the last year, but shy,
- 4:41you're not making progress. That is called a continuation.
- 4:45You're calling somebody, but this deal, no, they move.
- 4:49Where is this deal? You don't know.
- 4:51If your wife asks you how far, you don't know.
- 4:53Your sales manager asked you how far you don't know.
- 4:55You just know that we are talking.
- 4:58That is called a continuation. Now, Neil Rackham noted that
- 5:04high performing salespeople and high performing, yeah,
- 5:08salespeople. No entrepreneurs, because his
- 5:10research was around salespeople. High performing salespeople
- 5:13always have advancements. Now advancement means you spoke
- 5:17to somebody last week, last year, you know, whatever.
- 5:21But The thing is at that conversation, you and the person
- 5:24on the phone or you and the person in the meeting, you guys
- 5:28agreed clearly this is what we are going to do next.
- 5:33So that when it is time for you to call that person to go to his
- 5:37office to go and visit the person, you know, whatever there
- 5:39is something specific that you are chasing that both of you
- 5:43need to do. Let me repeat, I hope you guys
- 5:47understand the two dynamics. 1 is shy you just the call, but is
- 5:53this deal moving forward or moving back?
- 5:54You don't know. So let's say you borrowed like
- 5:57600K from your wife because you're working on something,
- 6:00you're hoping that the deal will pull through.
- 6:02And you know, this thing could be you could net in maybe like,
- 6:06you know, 4.3. So of course your wife's eyes on
- 6:09it, she wants her 400K back and she's hoping that you'll be a
- 6:12good husband. And you know, actually we turn
- 6:15her like 100K or maybe one M, you know, that kind of thing.
- 6:18So reasonably your wife is asking you how far now, how far
- 6:21would that deal? And the honest answer you can
- 6:23give her is, I don't know. We spoke last week.
- 6:27So what did he say? Well, you know, we chatted, Bob,
- 6:32babe, to be honest, I'm not sure if I'm getting this deal or not.
- 6:35And then her heart will now sink.
- 6:37The reason why her heart is sinking is because she knows
- 6:42that that 400K is gone because you are trapped in continuation.
- 6:47You're calling somebody for the sake of calling somebody.
- 6:49Whether you're moving forward, you don't know.
- 6:51Moving backward, you don't know the status of the deal, you have
- 6:54no idea. But then advancements on the
- 6:57other hand is your wife asks you how far you say, oh, babe.
- 7:02Yeah, I did have that meeting with engineer who know her last
- 7:06week and we agreed that based on the samples and the sediments
- 7:13and the everything, we agreed that yes, it might be a good
- 7:16place to start drilling for nickel.
- 7:19So we agreed that the next step is we are going to go to Umua
- 7:24here in two weeks time. He's the one that is going to
- 7:29fund the trip. So I will take some boys to go
- 7:32there, will now do greater Geological Survey to see whether
- 7:36we have this thing in mining quantity.
- 7:39If we have it in mining quantity, then we'll be going
- 7:41ahead based on something, something, something.
- 7:43Now when you give your wife that kind of good news, you know she
- 7:47won't exactly start shouting for joy.
- 7:50What she will nod ahead because she can't see that there is
- 7:54progress. Because when you, an engineer
- 7:57has spoke, you agreed on one or two things.
- 8:01So she now knows that in two weeks time you an engineer, you
- 8:04will be on the road to UMUA here to go and do Geological Survey
- 8:09to see whether there is nickel there in mining quantity.
- 8:12So you can see that that deal now you can see that even though
- 8:16it is not closed, you can see that there is there is room
- 8:21forward. You're taking one small step.
- 8:24That is what is called advancements.
- 8:28That is what is called advancements.
- 8:30So the difference between a follow up and follow through
- 8:36basically is continuations versus advancements.
- 8:40I repeat, the difference between continuation, sorry, between
- 8:44follow up and follow through is just the continuation.
- 8:49Sorry, forgive me, sorry, forgive me.
- 8:52I got, I got distracted over here.
- 8:56I mean a public place and somebody's trying to catch my
- 8:58attention or something. Anyway, so the difference now
- 9:02between follow up and follow through is just continuations
- 9:04versus advancements. When you're following up, you're
- 9:06calling somebody for the sake of calling somebody.
- 9:09Why you're calling that person, you have no idea now because you
- 9:12don't have any idea why you're calling the person.
- 9:14The other person too has no idea why you're calling them.
- 9:17And that's the reason why they're not answering your
- 9:19phone. So you're stuck in this game or
- 9:21follow up calling for the sake of calling or the person answers
- 9:24the phone and you say, bro, so far I just say I agree to you
- 9:28and they say I have my brother, how are you?
- 9:30How's the family? You talk nice, you talk polite,
- 9:32you say OK, now you know, we'll catch up.
- 9:36We'll catch up. And then the guy calls the phone
- 9:37call. Have you made progress?
- 9:40You don't know if you're making those kinds of calls.
- 9:44You are following up. And that is the reason why lots
- 9:46of you real estate professionals in Abuja or Lagos or a Kitty or
- 9:51wherever, I just say Abuja, Lagos security because you know,
- 9:54the real estate pros I've spoken to so far happened to be from
- 9:57those three states. So the reason why you're
- 10:01exasperated is because you're in a game of follow up, you're
- 10:04actually not making progress. You don't have advancements,
- 10:10You're not making any advancements.
- 10:12At the last meeting that you had with the prospect, you guys did
- 10:15not agree on what the next step was.
- 10:16If you agreed on what the next step was, you could call the
- 10:19guy. If he didn't answer, you could
- 10:21send a text message saying Bros, you know how far was supposed to
- 10:24blah, blah, blah, blah, blah. That's the reason why I was
- 10:26calling. And then the person cannot
- 10:27respond and say, oh, my sister, I'm sorry.
- 10:31We agreed on that. But I had to travel to the
- 10:33village sharply because Mumsy was not feeling well.
- 10:35I beg, can we reschedule? You can see that the turn off
- 10:41the conversation is different. If you're not getting
- 10:44advancements, you will be stuck in this game of follow up
- 10:47forever until the guy blocks you or until you give up or until,
- 10:54well, maybe you're lucky and he decides that, OK, let me just
- 10:56reward this person for persistence.
- 11:00So that is the real problem that you're facing anytime you're
- 11:05listening to a podcast or you're talking to a business consultant
- 11:08or you're at a business seminar and you're asking somebody
- 11:11what's the problem with my follow up any before I continue,
- 11:18she made some comments that she enjoys calling and by the way
- 11:20that is good. I just want you guys to catch
- 11:23that. That is very, very good because
- 11:25real estate is a high value transaction.
- 11:29It is a complex sale and when you're in complex sales, you're
- 11:34better off, you know, calling, visiting, you know, face to face
- 11:37because those kinds of communications are high on the
- 11:41communications hierarchy. Those that's, those are the
- 11:43things that you do that give you results.
- 11:48It's a complex sale. So if you're in her situation,
- 11:51you had better enjoy calling. You had better.
- 11:55If you don't like calling, start training yourself on how to make
- 11:58phone calls because that's what we need to move the deal
- 12:00forward. Now, what is a complex sale?
- 12:02A complex sale is just any situation where you have a high
- 12:06price, you have a complex subject matter, you have
- 12:11multiple parties that are involved and then it has a long
- 12:14sales cycle. So let me repeat, if it's a
- 12:18complex sale cycle, if you have a high price, real estate is not
- 12:22cheap, at least in Abuja is not cheap.
- 12:24We're talking 10s of millions, hundreds of millions.
- 12:27It's expensive. Then the subject matter is
- 12:30complex. When we say complex, it just
- 12:31means that there are lots of moving parts, lots of things to
- 12:34consider. And so for real estate is not
- 12:37just plot of land. The person is thinking location,
- 12:39which location is ideal Or the person is thinking, you know,
- 12:44house. Does my wife like this house?
- 12:45Is it suitable for children? Is it close to the school?
- 12:48Is it close to the church? How close is it to the airport?
- 12:51How close is it to the nearest hospital?
- 12:55You know, is this the kind of building that matches my status?
- 12:57You know, on and on and on. So you can see that there are
- 12:59lots of parts to consider and these are the things people are
- 13:01juggling in real estate. Then there are multiple parties
- 13:05that are involved when it comes to real estate.
- 13:07You might be talking to Olga, but The thing is Olga has to
- 13:09talk with Madame or you might be talking with Madame.
- 13:13Madame definitely has to liaise with Olga.
- 13:16So whether you like it or not, you know, two parties are
- 13:18involved most of the times in real estate.
- 13:23Well, that's if you're dealing with a family situation
- 13:25basically. Then let's see what else ahead.
- 13:28Long sales cycles. What that means basically is
- 13:31there are some situations, there's some sales situations
- 13:34where people take a long time to make up their minds.
- 13:37If you want to buy a mobile phone, it doesn't take you a
- 13:39long time to make up your mind. That's not a complex sale
- 13:42scenario. It's very simple.
- 13:44You either like Samsung V Fold or you don't.
- 13:46Oh, by the way, it's a triple V Fold.
- 13:48So if any of you want to bless me with the triple V Fold, you
- 13:50know, just hit your boy up on the phone and you know, let me
- 13:52know, You know, I'll be glad. I would like to accept your
- 13:55gift. So you aren't like it or you
- 13:57don't. You either have the money or you
- 13:59don't. You've either saved it or you or
- 14:01you haven't. Somebody has either dashed you
- 14:03the money or you or they have not dashed you the money.
- 14:06You can decide to buy a phone. You know, quick, quick.
- 14:10You can decide today. Let me get some something, fold
- 14:13and then in the next three weeks you buy it.
- 14:15That is not how it works in real estate.
- 14:19You don't decide today, January 1st, I want to buy a piece of
- 14:22land and then January 21st we have bought a piece of land.
- 14:25It doesn't work that way. People need a long time to make
- 14:27up their mind. So if you are in any kind of
- 14:30sales situation where all these factors are present, you are in
- 14:33a complex sales scenario and you had better start enjoying making
- 14:39phone calls and visiting people and talking to people.
- 14:42This is not the kind of deal that you can close by sending
- 14:44text messages yes, you can close real estate deals by text
- 14:48message from beginning to end or e-mail.
- 14:50I'm just saying that to be the most effective and to improve
- 14:56the to give you the best chances, you better enjoy and
- 15:01start liking visiting people, calling people, going to
- 15:04somebody's office, doing WhatsApp video call, you know,
- 15:08all those sorts of things. So the implications now for
- 15:15complex sales scenario is this, some of you are wondering why am
- 15:17I talking complex sales scenario?
- 15:18Don't worry, I'll tie it back. Why you need to understand
- 15:21complex sales scenario before you now understand how you
- 15:25should be chasing somebody. The implications of a complex
- 15:28sales scenario is this, the person you're talking to is not
- 15:31making a decision anytime soon. Standard, just take it.
- 15:35If you're selling real estate and you spoke to the person
- 15:38today, this week, the person is not going to decide next week.
- 15:40It does not work like that. Those are not the dynamics.
- 15:46It's not happening. Well, except in case of urgency.
- 15:51But ordinarily, all things being equal, the person is not making
- 15:55any decision anytime soon. It's a complex sales scenario.
- 15:59So real estate, solar, or you're selling airplanes or you know,
- 16:05whatever or you're selling, let's say you're an architect.
- 16:09You know the person is not deciding today.
- 16:15So when you're in a context complex hill scenario, what you
- 16:18have to do is you have to be a consultant.
- 16:22Pretend like you're a consultant form as if you're a medical
- 16:24doctor. Don't be making sales speeches.
- 16:27Don't be begging for a sale. Don't be chasing people up and
- 16:29down. Do doctors beg people?
- 16:31No, the doctor does not beg you. The doctor will ask you
- 16:34questions, figure out what needs to be done, and the doctor will
- 16:37tell you, OK based on my recommendations is what we're
- 16:40supposed to do next. You're supposed to do miss
- 16:42surgery, blah blah blah. He gives you the options and the
- 16:45rest is up to you. You either do the surgery or you
- 16:48don't. So pretend you're a doctor.
- 16:52For those of you in complex health scenarios.
- 16:54We cannot be chasing people. We can't.
- 16:57Doesn't work that way. Every time you hear me say
- 17:02consultative or consultant on this podcast, pretend that
- 17:06you're a doctor. Pretend you're a medical doctor.
- 17:08Pretend you're a brain surgeon, you're a cardiothoracic surgeon.
- 17:12They don't chase people. So since we know that it's a
- 17:21complex hill scenario and this person is not making any
- 17:23decision anytime soon, why will you be calling the guy twice a
- 17:27day? Why it's not going to work.
- 17:36Calling somebody twice a day on the complex hill scenario is not
- 17:39realistic because there is no emergency and because they're
- 17:42not going to buy today. Look, it depends.
- 17:47If the person said, let's say you're supposed to chase CFO at
- 17:52government's office and you know they're about to sign the
- 17:54document today, you need one or two information.
- 17:56Oh, yes, in that case, blow up the guy's phone, you know, six
- 18:00times in one hour so that he knows it's an emergency and let
- 18:02him call you back. But in the beginning, when
- 18:04people are not making progress, don't be blowing up anybody's
- 18:07phone twice a day in a complex sale scenario.
- 18:10So if you sell expensive digging, construction tractor
- 18:14equipment, you should not be blowing up somebody's phone
- 18:16twice a day. If you are selling real estate,
- 18:19don't be blowing up somebody's phone twice a day.
- 18:22If you sell cars, do not blow up somebody's phone twice a day.
- 18:27If you're selling mining services, you know to go and
- 18:30mine nickel and gold and you know whatever, do not be blowing
- 18:33up somebody's phone twice a day. But for simple sales scenarios,
- 18:36if you're selling Ankara, yes, call somebody's phone twice a
- 18:40day. Please do.
- 18:42I'll collect your 75412 yards. In simple sales scenarios, it is
- 18:47fine. For complex sales scenarios, it
- 18:49is not play cool. When it comes to complex sales
- 18:52scenarios, play it cool.