Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / Level Up Your Sales Game: The Power of an Account Management Mindset
Transcript
- 0:01Hello, and welcome to the show. I'm making today's podcast at
- 0:04The Mechanic. It's a long story and I'll
- 0:07explain later in the episode. And so you expect to hear the
- 0:10interruptions in the background, you know, the boys just jacking
- 0:12off, what else? You know, Okada here and there
- 0:15and, you know, other people who have showed up to repair their
- 0:18cars. Now, if you're tuning into the
- 0:20show for the very first time, the goal of this podcast is free
- 0:24business education. So don't worry, you are in the
- 0:26right place. This is not a podcast about
- 0:28tourism or any of those things. And if you get any value from
- 0:31it, please share, promote and talk about the podcast so that
- 0:34friends and family members in Nigeria and abroad can benefit
- 0:37from the questions that we tackle.
- 0:39They can do that by subscribing on Spotify, YouTube, Apple, or
- 0:43any player of their choice. And if you have any sales or
- 0:46marketing questions, then bring them to me after the episode.
- 0:49You can call, you can SMS or send a WhatsApp message on
- 0:5308064662140. Now today on the show, OK,
- 1:00before we continue, I'd like to shout out Mei Baca, BP Bama from
- 1:07Rivers State, listener of the podcast.
- 1:09And yeah, this is also one of those really cool Nigerian
- 1:13names. You know, I've been talking
- 1:15about how Nigeria is really vast.
- 1:16We have lots of tribes. And this is something that have
- 1:20in the podcast has made me really, really appreciate
- 1:23because, you know, people discover the podcast, you know,
- 1:25from different corners of Nigeria and everybody has really
- 1:29cool, interesting names. But The funny thing is, Maybach
- 1:32has says that where he comes from in Rivers that his name
- 1:35actually is popular. So he says that if you go to the
- 1:37market and you shout his name, a lot of people will answer.
- 1:40And, you know, we had a laugh about that because actually the
- 1:42same thing with me. So, you know, I run into people
- 1:45here and people like, your name is unique.
- 1:47Where are you from, blah, blah, blah.
- 1:49You know, is your name Japanese? Is your name German?
- 1:51Is your name Irish? You know, I'm I'm thief.
- 1:54And so over here in Abuja and back in Lagos, people hear my
- 1:58name and they think it's cool. They think it's unique.
- 2:00What do you think is if you go back to Ben Ray State, you know,
- 2:02if you're in Marcudia and you're in the market and you just shout
- 2:04Tarvish a man, I mean, maybe like 15 boys will answer.
- 2:07So, yeah. So interesting name Mei Baker,
- 2:12BP Bama from Rivers. He's also he's he's also an ex
- 2:17Navy grand. I know those people are very
- 2:18full of themselves now because we're saying that anybody who's
- 2:21an ex jam that the person is popular.
- 2:23So that's a problem with these military kids.
- 2:24They're always feeling themselves.
- 2:26Bernie, thank you very much for listening to the podcast.
- 2:28We had a really interesting conversation.
- 2:29Maybe I might talk about that someday.
- 2:32So today, what I want us to look at on the podcast is this whole
- 2:39thing about sales, account management, you know, carrier
- 2:41choices, you know, all these, all these sorts of things.
- 2:43So it's not going to be a very structured episode because I had
- 2:46a conversation with someone who's a podcast listener.
- 2:48I'm not going to use his real name.
- 2:49Let's just call him T Diggs. And the reason why we're using
- 2:52the name Taye Diggs is because the guy looks a lot like Taye
- 2:56Diggs. He just looks like a Nigerian
- 2:57northern version of Taye Diggs. So we're going to call him Taye
- 3:00Diggs in this episode. So I was having a conversation
- 3:02with Taye Diggs now, and Taye Diggs is a new digital marketer.
- 3:06He's probably going to move into a sales and account management
- 3:09role. He says that he has got some
- 3:11useful tips from the podcast and he wants to know how to convert
- 3:14leads and also how to get leads for the company that he
- 3:16currently works for. So of course, I asked him like,
- 3:19OK, you're talking about the company, so who's going to be
- 3:21paying? Is it a good company that's
- 3:23going to pay? Abby?
- 3:23Is it going to be you? He said he's going to pay.
- 3:25And then we had, you know, money conversation and he was upfront,
- 3:29you know, when he had the figure, you know, the guy shout,
- 3:31he said he's not going to be able to afford it, you know,
- 3:33blah, blah, blah. But still, he didn't stop me
- 3:35from dropping some value for the guy.
- 3:38So I'm going to share some of the conversations that we had
- 3:41right now. And then, of course, later on,
- 3:43if he's going to be able to afford paid coaching services,
- 3:47you know, he'll be back. But let me just share some of
- 3:49the things that we spoke about. Right?
- 3:53Yeah. Let me just share some of the
- 3:54things that we spoke about. Hopefully some of you are going
- 3:56to be able to get some Nuggets from that.
- 3:58So Tay Diggs, again, not his real name.
- 4:01I'm just calling him Tay Diggs because the guy resembles Tay
- 4:04Diggs. He just looks like a northern
- 4:05version of Tay Diggs. And when I say northern, I mean
- 4:08Niger northern, like he looks like a Marlow version of Tay
- 4:11Diggs. So I can put it that way.
- 4:12You know, all my my little brothers, you know, I beg Novax.
- 4:16Yeah. So Tay days now.
- 4:17So the guy studied accounting and it's something that he
- 4:20struggled with. So he thought about different
- 4:23career choices. He went back and got an MBA
- 4:25that's a master's in business administration.
- 4:28And while he was doing that, he started doing some writing.
- 4:31The guy has some hustle shaft because the guy has done both
- 4:34has done both work. The guy has done, you know,
- 4:36different kinds of jobs. So it's one of the things I had
- 4:39to tell him, like, straight up, like, you know, the guy, he has
- 4:42good view as in, you know, anyhow, Shah, he wants to make
- 4:45things work. So I told him that, look, it
- 4:46doesn't matter what you settle on, you're going to be
- 4:48successful. So while I was doing the NBA
- 4:50now, I was writing for some people, doing academic writing,
- 4:53doing marketing writing, you know, picking up some small
- 4:55change, collecting some small coins here and there, you know,
- 4:59writing marketing content. But of course, he started off by
- 5:02doing some free work for some friends and for some colleagues,
- 5:04you know, reaching out to some people like, oh, I like your
- 5:06business. I like what you do, you know, I
- 5:09think I have some skills. So how far now can I just write
- 5:11one or two things for you? You know, that's how we start
- 5:13putting out some free stuff, eventually start getting some
- 5:15paid stuff. And you see, when I tell people
- 5:18lots, because how will I describe it?
- 5:22And it started from my wedding photography days, you know,
- 5:24people, they would just say don't do free work.
- 5:27Everything must be paid. Everything must be paid.
- 5:29And yes, ultimately you must, everything has to be paid.
- 5:33But The thing is, when you're stepping new into a field and
- 5:34you don't have a body of work, you don't have the expertise,
- 5:37you don't have credibility, you don't have the reputation as in
- 5:40how you enter and then start charging full price.
- 5:43It's only people who are scammers at heart that have that
- 5:46kind of mind that you've not done this work at all.
- 5:49You just prevent present yourself.
- 5:51And then you just tell somebody that look, you know, pay me, you
- 5:53know, it's 500K, you know, a month or something like that.
- 5:57So I'm not saying everybody must do free work, but I'm just
- 5:59saying now for some people, you don't have a body of work, you
- 6:02don't have a, a portfolio to speak of.
- 6:07There's no reputation, there's no body of work, there's no
- 6:09nothing that you can show. These are some of the ways that
- 6:12you can enter into the field. See, especially where you're
- 6:15selling services and you can do it at low cost.
- 6:17So his own scope was, hey, bro, babe, I like this business, you
- 6:21know, blah, blah, blah. I see your website, you know, if
- 6:24we do it like this, we do like this, we can improve like this,
- 6:26we can do like this or how far? Let me just try one or two
- 6:28things. Let's see if it works and then
- 6:30of course, if you do it and then the thing works and then you're
- 6:32happy, then the person pays for future jobs.
- 6:34They also refer you. It's doing stuff like this is
- 6:38not a bad way to get into the market.
- 6:41Now, you're not going to build a career like this, but I'm saying
- 6:44in the beginning, when you do not have a body of work, when
- 6:48you do not have a reputation, when nobody knows you, when on
- 6:52your website there's no testimonial to put, when there
- 6:55is no nothing to show any form of credibility, no nothing to
- 6:58show that you can do the job. This is not a bad way to get
- 7:01started. And so this is the reason why I
- 7:03think Ted Diggs is going to be successful because he has been
- 7:07anyhow shy. He's been trying to make things
- 7:09work. So let's see then in all the
- 7:14work he's been doing so far now he has been avoiding sales
- 7:18responsibilities. And I understand because in the
- 7:22beginning, oh, by the way, sorry about, you know, all the noise
- 7:26going on in the background. Like I said, I'm at the
- 7:28mechanical. You know, some of these, you
- 7:31know, some of these, my little boys now they can be very, and I
- 7:35don't blame them. Their job is is is harsh.
- 7:38You know, it's boring, it's on the page.
- 7:40You know, you're under the sun and in the rain.
- 7:42So I guess, you know, they just look for ways to make themselves
- 7:45feel all right. In fact, the last time I was
- 7:46here, you'll believe these boys are just racing arcadas anyhow,
- 7:49you know, using arcada to now jump.
- 7:52What do you call this thing when you put sand together like a
- 7:55ramp? Do I racing arcada, turning
- 7:57tricks, jumping ramps? I said, look at these boys just
- 7:59wasting fuel. They don't know that they can
- 8:01injure themselves, get really, really hurt.
- 8:04So then that's all the noise that we have in the background.
- 8:07So Tay Diggs now the guy has been avoiding sales roles.
- 8:10Eventually he ended up with an insurance company.
- 8:13And of course, you know, when you're working in insurance,
- 8:16you, you can't avoid it. You know, at this point, you're
- 8:19practically in sales. Sometimes they will call it
- 8:21something else. They will call you What, what
- 8:24are the terms that they like to call again, consultant ahead,
- 8:28they'll call you insurance consultant.
- 8:30They will call you, you know, different kinds of things, Sure,
- 8:35but don't be deceived. It's sales because you're
- 8:38responsible for going out and getting people to buy insurance
- 8:41policies and you're going to be paid commissions off of what it
- 8:45is that you can sell. So it's sales.
- 8:47Even though they call you insurance consultant, insurance
- 8:50specialist, underwriting specialist, something,
- 8:52something, something, forget that thing.
- 8:54It's a sales job. So if you see the application
- 8:57and you don't want to do sales and you see them saying the
- 9:00insultant specialist underwriting consultant, some
- 9:02just runaway, it's, it's sales. But if you're brave enough, step
- 9:07into the role because you're going to learn lots of things
- 9:09that are going to help you. Not that are going to help you
- 9:12in the future because you can't start and decide that, man, this
- 9:15sales thing is not for me, let me go and do something else.
- 9:17And like I told Ted Diggs, the good thing about getting
- 9:21involved in these sorts of roles, sales roles, account
- 9:23management roles, all these sorts of things is because
- 9:25you're going to learn skills that when you say I'm tired and
- 9:28you're moving on, they parlay well, they translate well.
- 9:32They carry over well into other endeavours.
- 9:35So like me now, if I give up this whole thing, I say, you
- 9:38know what, I'm done. I want to join Tina Bo and Co.
- 9:40I must enter the four walls of Ashore Rock and I decide to be a
- 9:44politician. All the skills that I'm learning
- 9:46here, all the, you know, all the skills I'm learning here will
- 9:51translate well into politics. If I say I'm going to be a
- 9:54pastor, let me open my church. Let me be collecting tights from
- 9:56all of you. You know, those of you that are
- 9:58earning like, you know, 500 M and I'll collect tight from you.
- 10:02That is how much that's like 5 M collecting your tights.
- 10:05If I want to be a pastor, The thing is going to translate
- 10:07well. If I want to be a womanizer, the
- 10:09thing would OK, no, that's not a career choice.
- 10:11But anyway, I'm just trying to say that whatever it is, sales
- 10:15skills, the skills that you get when you're doing sales and
- 10:18customer service and account management and everything, they
- 10:21translate well into whatever it is that you want to do by the
- 10:25time you say I am done with this career.
- 10:28So I told him just embrace, embrace the role, embrace the
- 10:31role. But he's no longer with
- 10:33insurance anyway. And then from the conversation
- 10:36that we had, it looked like his marketing special specialty was
- 10:42more on the strategic side, on the content side.
- 10:44The reason why I had to ask is because you know, there's some
- 10:46of you who are marketers and you guys are really, really on the
- 10:49technical side. So you guys are the ones that
- 10:51are very good at deciding who the customer cohort is.
- 10:54You're good at deciding the targeting that you have to use
- 10:59inside of Facebook Manager or inside of Google.
- 11:03What's it called? Whatever Google has that used to
- 11:06buy advertisements. So some of you are really,
- 11:10really, really on the technical side, but it look like him.
- 11:12He's more on the strategic side. Let's decide on the content, who
- 11:15are we writing it to? Let's come up with copy or, you
- 11:17know, all these sorts of things. So yeah, that's what he does.
- 11:19He's more on the strategy side, coming up with the pain points,
- 11:23trying to figure out the users write about their problems or
- 11:25their interest, you know, that sort of thing.
- 11:27So eventually we go to this whole question of what should I
- 11:29do? I'm currently in marketing, but
- 11:32my company, they say that they will shift me into account
- 11:36management or they will shift me into sales.
- 11:38And he has been fighting it. And of course I wanted to figure
- 11:43out if he knows the difference between sales and account
- 11:46management because there's a difference.
- 11:48And you know, I'm glad that what he said because he was talking
- 11:50more about the similarities that whether you're doing account
- 11:53management or whether you're doing sales, you need the same
- 11:57kind of skills. And I'm like, yes, very, very
- 11:59good, very good. But then I asked him about the
- 12:01difference, and he was able to appreciate that.
- 12:03Well, the difference essentially is that you're not going to be
- 12:05doing cold calling. That's the way he put it.
- 12:08And yeah, he's correct. That's the difference between
- 12:09account management and sales. When you're doing sales, you are
- 12:13running out to look for people to say, come and buy my product
- 12:17or my services, come and be a customer, come and give me
- 12:19patronage, come and, you know, come and do this, come and buy.
- 12:22Essentially that is sales. But when you're doing account
- 12:25management, you are working with people who have already bought
- 12:29from your company. They bought from your company
- 12:32before they were a customer before, before they want to come
- 12:35and buy again. Or maybe they have bought and
- 12:38there's a problem with the order that needs to be rectified.
- 12:41You know, something like that. So that is the main difference.
- 12:43When you're doing sales, you're running after somebody.
- 12:45Come and buy, come and buy my market, come and give me
- 12:48patronage, come and be my customer.
- 12:50But if you're doing account management, you're dealing with
- 12:52somebody that has bought before before, the person that wants to
- 12:55top up, the person wants to buy a new thing, the person that
- 12:58wants to upgrade or there's a problem with the previous order
- 13:01and you are the person that they're going to last with.
- 13:04So the account management function is kind of broad
- 13:07because sometimes you will be selling like when somebody comes
- 13:10and want to upgrade, you're essentially selling.
- 13:14You're trying to figure out, OK, what did you buy the last time?
- 13:16OK, how is it working? Did it serve you well?
- 13:18What was the problem? Oh, you want to upgrade and why?
- 13:21OK, if you're upgrading, OK, let's be looking at like this.
- 13:23Let's be looking at like that. So you can say that there's some
- 13:25sales that is involved in account management.
- 13:28You will also be doing some customer service because
- 13:30somebody will call and say, look, I bought this thing from
- 13:32you. We will promise this.
- 13:33All of you are bastards, The thing is not working, blah,
- 13:35blah, blah. So you know that's customer
- 13:38service going on. So you'll be doing a whole lot.
- 13:40Then let's see what else and it's all we're talking sharp and
- 13:46I asked some more details about the company and he says that
- 13:48he's currently with the software development company and they
- 13:50sell to financial institutions. Now when I heard that thing made
- 13:54all the difference and this was my advice to him.
- 13:56So I told him, look bro, you know what?
- 13:59Since you are currently in software development and you
- 14:03guys are selling to financial institutions, you know you guys
- 14:05are selling to banks. What else?
- 14:09Banks, Abby banks, clearance houses, you know, all those
- 14:14sorts of things. I told him this is what you do.
- 14:16Your next career move is go and talk to your people and tell
- 14:20them like, look, you know what? I've been doing marketing for
- 14:22you guys and you know, I'm good. I'm grateful for the
- 14:25opportunity. But now that you guys are saying
- 14:27you will expand and you want me to be doing sales, want me to be
- 14:31doing account management, just tell them now look, I'm
- 14:34available for account management.
- 14:35I'm excited at the opportunity and I'm looking forward to
- 14:38learning new stuff. So what do you guys have set up
- 14:40for me and I told him throw yourself into account management
- 14:44straight up not into sales 1st and let me explain why.
- 14:51The reason why I told him throw yourself fully into account
- 14:54management is this when you're in a sales role, typically
- 14:58you're being rewarded on performance.
- 15:00You have some you have small salary, you know chicken change
- 15:03and then most of the money will come from the one that you bring
- 15:06in. So since Tay digs used to sell
- 15:09insurance, you know, he knows, he knows the scope that some
- 15:12insurance firm that the monthly thing they will give you is like
- 15:1450K of course, which is rubbish is not anything.
- 15:18Then the big, big money that you will make depends on whether
- 15:21you're able to sell big, big accounts then like while I was
- 15:26still selling insurance or some companies that were dropping
- 15:28maybe like 150 KA month. But the big, big money came from
- 15:32whether you are able to sell big, big accounts.
- 15:35And I told him that look, since you're new into this, if you go
- 15:38directly into this space, something that is performance
- 15:42driven, Commission driven you, you might struggle.
- 15:48You might struggle, especially since there are a couple of
- 15:50things you've not learned. But account management, on the
- 15:52other hand, account management, they're usually usually salaried
- 15:55stuff. So they pay you like they pay
- 15:57everybody else. So if you go into the company
- 15:59and the average salary of everybody is like 400 KA month,
- 16:02if you're in account management, that's how much you collect, 400
- 16:04KA month. But if you're now doing sales,
- 16:07your salary will be small, then your kickback, your commissions,
- 16:12your upside will be big. That's how it works in sales.
- 16:17So that's one of the reasons why I told him, throw yourself into
- 16:19account management. But the most important reason
- 16:22why I told him, throw yourself into account management is this.
- 16:26When you're in account management, because you're
- 16:28dealing with people who have already bought before, they just
- 16:31want to upgrade. Maybe there's problem, you know,
- 16:33something like that. Don't make some inquiries.
- 16:36The conversations are a lot easier.
- 16:37It's less stress. You're just chilling in the
- 16:40office, chilling on that, the AC, somebody will call you, you
- 16:43guys have a conversation. It's a lot easier to manage
- 16:45those kinds of conversations than when you're having to go
- 16:48out fresh and trying to drum up business.
- 16:52And then I told him because these conversations are low
- 16:55stress and because these people have bought before, I told him
- 16:58that throwing yourself into account management will make you
- 17:01an expert on the customer. And that is one thing that makes
- 17:04selling easier. It's not just being an expert in
- 17:08the sales process and having the framework.
- 17:11It's not just knowing the framework and knowing the steps.
- 17:13You also have to be an expert in the customer.
- 17:16You have to know what is it that they want, What are they looking
- 17:19for? What is the problem?
- 17:21What is the vision? What are their pain points?
- 17:23The things that they've tried out before, How did they try it?
- 17:26The ones that work, how did it work?
- 17:27The one that didn't work, how didn't it work?
- 17:29When you know all these things, it makes it easy for you to
- 17:32handle the sales process. That's why I told him that if
- 17:34you threw yourself into account management, you'll become an
- 17:36expert on the customer. The fact that I advised him
- 17:38being account management for one whole year, before you say oil
- 17:42organ, I'm ready, let me now try sales.
- 17:45When you're an expert on the customer, you will see that the
- 17:47way you would carry the sales conversation will be different.
- 17:50Because when you approach somebody, in your mind, you
- 17:53already know that, OK, this guy, based on what he's saying, based
- 17:56on what this baby is saying, is I see if she's this kind of
- 17:59customers. I see if he's this kind of
- 18:01customer. These kind of people are usually
- 18:02concerned about this. These kind of people are usually
- 18:04concerned about that. They typically have tried this.
- 18:07Maybe this is where they made a mistake and this is the kind of
- 18:09product that will suit them. You'll be able to have a much
- 18:12more productive, much more fruitful, much more effective
- 18:15conversation because you have become an expert on the
- 18:18customer. So if you are in the same
- 18:21situation as Teddigs or Taya Adagun, as I like to call him,
- 18:24you know, I like to message on people and I say that he's Taye
- 18:27Diggs is a Nigerian, like his full name is Taye Adagun.
- 18:29But that's not true by the way. So if you're in this situation
- 18:34as like Taye Diggs, throw yourself into account management
- 18:37and stay there for one year. You'll become an expert in the
- 18:40customer and you will hear it all because the people who have
- 18:43problems that are calling the company to abuse the company,
- 18:45you will hear it. The people who are calling in
- 18:48and who are happy with the company, with the product or the
- 18:50service, you will hear it. The people who are ambivalent
- 18:53about the product or the service, you will hear it.
- 18:55That one year you will hear it all.
- 18:57So by the time you're stepping into the sales rule, you will
- 19:00know so much. Your mind will just be cool and
- 19:03calm. The only problem now be you will
- 19:06not just be trying to figure out, OK, what selling framework
- 19:09should I use? What discovery framework should
- 19:11I use? How do I handle the
- 19:13conversation? When it comes to the cosmopath,
- 19:16No Fear. You don't have fear at all
- 19:17because that one year you would have seen and you would have
- 19:20heard it, you'd have heard everything.
- 19:22So that's the main reason why I told him.
- 19:25You know what, just threw yourself straight into account
- 19:27management. So one moment, let me check the
- 19:29time, OK, 20 minutes. So we still have some time.
- 19:32I don't want to do 45 minute episodes anymore.
- 19:35Then let's see what else. So another reason why I told him
- 19:39that the guy why that TD should do account management is because
- 19:42of this. So I told him that look bro, you
- 19:45know that you are in a complex sales environment and he hadn't
- 19:49heard that term before. So I know that there's some of
- 19:51you who haven't heard that term before.
- 19:52So let me repeat, lots of times when you're looking for sales
- 19:56content, especially in Niger, sometimes you hear some stuff
- 20:00you tried, it doesn't work. And this is the reason why
- 20:03because lots of sales experts in Nigeria.
- 20:08Haven't realized or they failed to tell you guys, they failed to
- 20:11teach you guys that there are different kinds of selling
- 20:15scenarios, different kinds of selling context.
- 20:17So not every single thing works. You need to figure out what kind
- 20:20of context are you in? And the two major
- 20:22classifications are you have simple sales scenarios, simple
- 20:26sales context, and then you have complex sales scenarios or
- 20:29complex sales contexts. And this is the difference.
- 20:32So anyone in the podcast I used to talk about how if you go to
- 20:35the market to buy a goosey, that is a simple sales scenario.
- 20:38The number of parties involved in the transaction are simple.
- 20:40It's just true. There is you and there's the
- 20:42lady buying a Gucci. So if my wife says, how's my
- 20:45dearest? And I say yes, my love, so go to
- 20:47the market, go and buy a Gucci so I can cook for you and the
- 20:49kids. I say, OK, no problem.
- 20:51I drive to the market. That is just two people.
- 20:53There's me and then there is the a Gucci trader.
- 20:58So number of parties involved in a simple sales scenario.
- 21:01Simple sales context, small 2, maybe 3, but should I know
- 21:05plenty? I'm back at my wedding
- 21:06photography days. I'll be talking to the bride,
- 21:11maybe the groom. That's just to worst case
- 21:14scenario, I'll be talking to your parents.
- 21:16You know, one moms here, one pops you over there.
- 21:18I was never talking to more than two, three people, maybe bride
- 21:22and then the groom, then moms here, maybe wedding planner.
- 21:25You know, that's for that's not too many people.
- 21:28So the conversations are easy to manage because you're not
- 21:32talking to too many people. Then let's see, apart from
- 21:37number of people ahead price, when you're in a simple sales
- 21:40scenario, the price is not that big.
- 21:42So a Gucci, we all know the price currently as at the time
- 21:46I'm talking, OK, I don't know the price of a Gucci.
- 21:48But the last time that I went to the market, I wanted to buy one
- 21:51boodle of a Gucci. And I went there and I said how
- 21:54much? Then woman told me, I think it
- 21:56was like 5-5. I said I shout, I say 551 cup of
- 21:59a Gucci. And anyway that's how bad things
- 22:03have gotten, you know, with hyperinflation that come on
- 22:05Agusi 55 for one cop. I say, OK Madam, give me two.
- 22:10Imagine my Agusi world. Thank you.
- 22:12I say hi, Nigeria don't sport. Anyway, so I don't know how much
- 22:15it is now, but relatively speaking, Agusi is not as
- 22:18expensive as wedding photography.
- 22:20Wedding photography is not as expensive as buying a car.
- 22:23Buying a car is not as expensive, as expensive as
- 22:27buying a house. So you can see that when it
- 22:29comes to price, the level of price complexity, you know is
- 22:36there's a gradient, it increases.
- 22:38So it depends. So the more affordable The thing
- 22:41is, the more you are in a simpler sales scenario.
- 22:46But remember you also when you're not dealing with too many
- 22:48people, so you're not dealing with too many people and then
- 22:51the price is simple. Then typically simple sales
- 22:54scenarios is when the subject matter is simple and easy to
- 22:57understand. So a goosey is very, very easy
- 22:59to understand, except if you're nervous when you go to the
- 23:03market, if the goosey is bad, you can see that is bad.
- 23:05The thing will smell funky, the thing will look kind of black
- 23:07and it will look like he's coming.
- 23:10So when I don't worry, you're trying to impress your wife, you
- 23:13buy the ago, see you go home. If you buy the wrong thing, she
- 23:15will laugh at you. She was called you, you made
- 23:17that mistake again. So you can see that that one is
- 23:19quite simple. But if it comes to buying a
- 23:21house now, for instance, you know, you can mess up and buy
- 23:24the wrong kind of house. Maybe it's in the wrong area,
- 23:27maybe it's not secure. Maybe if it's an investment
- 23:31decision, it's not going to give you the kind of yield, the kind
- 23:35of return that you're looking for.
- 23:36So you can make all kinds of mistakes when it comes to buying
- 23:40a house, for instance, or buying a car that you can't make.
- 23:42If you are trying to buy a goosey.
- 23:45Oh, sorry about all that noise. You know, the boys are now
- 23:47trying to flush out the the gas in the compressor because it's
- 23:51AC issues that I'm having. So we're having, you know, we
- 23:54replace the compressor and you know, all of that jazz.
- 23:56So they're just flushing out the gas.
- 23:58So that's all that sound is like.
- 24:00So you guys don't feel as if I'm farting on the air.
- 24:02It's not me farting or his gas compressor.
- 24:04It's not me. Even if it's me self.
- 24:07You can't smell anything. So there's there's no problem.
- 24:10Where was I now? OK, I lost my train of thought.
- 24:14OK, yeah. I was talking about subject
- 24:15matter and about how the subject matter is simple.
- 24:17The more complex the subject matter is, the more mistakes
- 24:19that you can make. So those are some of the things
- 24:21that determine whether you're a simple scenario or a complex
- 24:24scenario. Then the last one that I can
- 24:26remember now I think is relationships.
- 24:28In simple sales, the necessity for relationship is not there.
- 24:31So when I go to the market to buy a Gucci, the woman can
- 24:33afford to say something like, look, Bros, you're here, you're
- 24:36pricing, you're not buying. If you're not buying, please
- 24:39move. Let somebody else come out open
- 24:41market. She can be that blunt because
- 24:43there's no need for us to keep a relationship.
- 24:45She's just sending a Gucci. I should also say hi, Gucci are
- 24:485K cop and if I'm there pricing, pricing, pricing, pricing and
- 24:51she can't sell a 5K cup, she can't tell me look, get outlet
- 24:54somebody else come and buy. There's no need to build a
- 24:56relationship. But if you sell cars, you can't
- 24:59be talking to people somehow like that because you need to
- 25:02finesse and build small relationship.
- 25:04If you sell houses, you can't tell people you know, get out.
- 25:07You need to finesse and build small relationship.
- 25:10You know, if you're selling expensive equipment like my guy
- 25:13who I spoke about like 2-3 episodes ago, who wants to buy
- 25:19equipment for processing oil, that's to make engine oil.
- 25:24If you're the seller of the equipment, you guys to finesse,
- 25:27you know, invite them to your office, sit down on that AC, you
- 25:30know, buy, give them cold drink, you know, sit down.
- 25:34You know, that whole thing. You guys build relationships
- 25:37when you're in much more complex selling environments.
- 25:40So these are the things that determine whether you're in a
- 25:42simple sale or you're in a complex sale.
- 25:44So my advice to Tay Diggs was this, look, you're in a complex
- 25:48sales scenario, so just go straight into account management
- 25:51because there's lots of things that you need to learn.
- 25:53Complex sales scenarios, like I say, they're complex.
- 25:56You know, it's not simple. So you need to learn one or two
- 25:59things. When it comes to decision
- 26:01makers, the number of people they're going to be dealing with
- 26:05is plenty is what? As my Yoruba people will say, in
- 26:10America and in the USA, they do some research.
- 26:12In Nigeria, we don't research anything.
- 26:14So I can't tell you what it is in Nigeria, but in America,
- 26:16depending on the level of research, depending on which
- 26:19figure, which figures you check out for what year is beginning
- 26:22to look at safe. When you're talking about
- 26:24complex hill scenarios, you're looking at anything between is
- 26:26this 6 and is this 6:00 and 9:00.
- 26:29I'll be 6 and 10 decision makers.
- 26:31So in other words, like he was talking to me, Ted told me about
- 26:35how somebody told him now, Oh, look, selling insurance is very
- 26:39easy now just enter Shell or you enter Shell, you know, you talk
- 26:42to one or two executives, you close on big accounts.
- 26:44It's that simple. So, and of course, you know
- 26:48Teddy, you know, he laughed his eye.
- 26:49Is it that easy now? So then when I would just enter
- 26:52shell like that, you know, it's because it's, it's, it's not
- 26:56that straightforward. You know how you want to get
- 26:59into the building? Are you going to talk to your
- 27:03security guard when you get in? How you're going to be relating
- 27:05to with the receptionist, the other parties that you have to
- 27:09get to before you speak to the executive?
- 27:11You know, like different things. And so I told him that when it
- 27:14comes to selling software for solutions for financial
- 27:19institutions, you know, banks, clearance houses, things like
- 27:22that, the level of complexity goes up even more.
- 27:25So I told him, you're going to be exposed to several users.
- 27:29The management user, the technical user, the financial
- 27:32user, I can't remember all the times, but they're different
- 27:35kinds of users of your products. Now the management user is the
- 27:38person who is going to look at this thing and decide that OK,
- 27:40this thing makes sense more, go ahead.
- 27:42That's the management user. The technical user is the person
- 27:45who actually uses your software, your product, or your service.
- 27:48The person who has the problem, the person who actually enjoys
- 27:52using the software, who doesn't like and doing enjoy using the
- 27:55software. That's the desk officer, that's
- 27:57the technical user. And the financial user is the
- 27:59person who is going to say, OK, no problem, Technical user likes
- 28:03it management user say let's go ahead.
- 28:05OK, now let me go ahead and authorize the payment.
- 28:08That's the financial user. Then there are also other
- 28:11stakeholders involved, like when you're selling software to
- 28:13financial institutions, legal has to get involved because
- 28:16legal department has to look at this thing to say that, oh, OK,
- 28:19this thing is safe to use. It meets our yeah, customer
- 28:23safety requirements, it meets this requirement, that
- 28:26requirement, you know, blah, blah, blah.
- 28:27So when you're selling software to financial institutions,
- 28:30you're not just talking to one person.
- 28:32It's not like me back in the day being a wedding photographer and
- 28:35I'm only talking to the bride. If the bride likes it, she will
- 28:38pay. If he doesn't like it, we now
- 28:40have to toast Popsy so that Pops you will pay if Popsy has
- 28:44abandoned them. I should grow up with Mumsy.
- 28:45When I have to toast Mumsy to pay, we can sit down on the
- 28:48straightforward. But then selling software to
- 28:51financial institutions is different.
- 28:53We're going to need an inside man, we're going to need a
- 28:55champion. We need somebody to make one or
- 28:56two introductions because we need to know what's up.
- 28:58We need to know the layer of the land.
- 29:00You need to know somebody in legal, You need to know somebody
- 29:02in accounting, You need to know somebody in procurement.
- 29:05If you know somebody who is in orgas office, you know all well
- 29:07and good if you have the number of orgas Pennsylvania.
- 29:10But you can see that you are not going to be talking to one
- 29:14person when we're talking about these sorts of deals.
- 29:16So in America, to say anything between 6:00 and 9:00, I'll be 6
- 29:19and 10. You can see that in Niger is
- 29:21roughly the same. We're talking about complex hill
- 29:24scenarios. You're going to be talking to
- 29:25multiple people. And when you're trying to sell
- 29:30something and you're talking to multiple people to get the thing
- 29:33done, you can see that you're it's becoming difficult to
- 29:37managing plenty of conversations.
- 29:40And that's the beauty of starting in account management
- 29:42because when you're in account management, you have access to
- 29:45these people easy. The management, the technical
- 29:50user will call in to say yes, we're using this is the problem
- 29:53we're facing blah blah, blah. This is that that you have easy
- 29:56conversations with him. If I'm there, you need to talk
- 29:59to people in legal because you have to clarify one or two
- 30:01things. He will patch you through to
- 30:02legal easy because you guys are already customers.
- 30:07He ever wants to upgrade or they're trying to troubleshoot a
- 30:09problem or you know, something like that.
- 30:11He will pass you across easy. Or like if you're coming brand
- 30:14new fresh, when it's a sale, you'll be reluctant to introduce
- 30:17you to other people because it's just the nature of the game.
- 30:20In the beginning, everybody's is afraid.
- 30:23Everybody's keeping information to their chests.
- 30:26You know, it's just the early days.
- 30:27Everybody's trying to be secretive.
- 30:30So OK, 30 minutes. So when you're in account
- 30:34management, you have easy access to all these people.
- 30:37By the time you're ready to sell, you will know for sure
- 30:39that OK, if I'm going to go and sell in Zenith Bank, you will
- 30:42know for sure Who is the kind of person I need to talk to.
- 30:46Do I need to talk to executive director?
- 30:48How do I get access to executive director?
- 30:50Do I need to talk to branch manager?
- 30:53How will I get access to branch manager?
- 30:55The legal process of of signing this contract, how does it work?
- 31:00The procurement process, what does it look like?
- 31:03You will have all these things and you can see why I say for
- 31:05somebody who is in a big situation, throw yourself into
- 31:08account management. Do it for one year, maybe even
- 31:10more. By the time you're on the sales
- 31:12side, you already know a couple of things you won't be afraid
- 31:14anymore. The only thing will just be my
- 31:16script when I get to the gates. How can I toast the security
- 31:21guard and the entire side? That's for some places where you
- 31:24have to toast the security guard because if it's normal bank like
- 31:27GTB, you can just walk straight in what clearance houses, for
- 31:30instance, you know, because of the sensitive nature of what it
- 31:32is that they do, you know, don't want to know for sure.
- 31:34Yes. How can I help you?
- 31:35Where who have you come to see? Do you have an appointment?
- 31:38So you just working on your script?
- 31:39How will I get past the gate man when I entire side?
- 31:42How will I talk to secretary when I talk to secretary and
- 31:44again to or guys office, how am I going to get appointment with
- 31:48OCA? Or if it's only PA that I get
- 31:50access to, you know, you'll just be working out all those things.
- 31:53What's my framework, what's my step, what's my process, you
- 31:57know, all those sorts of things. So OK, 30 minutes.
- 32:00I'll be 32 minutes. So let me just quickly bring it
- 32:03to a close. So that's my advice to Tay
- 32:06Diggs. Yeah, right now you can't afford
- 32:08to pay for me to coach you while I no problem when you get some
- 32:11wallpaper, you know, just come back.
- 32:12Let's have a conversation and but in the meantime, I told him,
- 32:16throw yourself into account management.
- 32:17You're going to learn a lot and will make you a very competent
- 32:20salesperson when you come out. But then I also told a digs
- 32:25something that I tell you guys, I look, dealing with me is a
- 32:27risk free proposition because for those of you who have other
- 32:30sales influencers or trainers or coaches or whatever that you
- 32:32like, look, let's be real, you have to pay them before you can
- 32:37even have any kind of conversation with them.
- 32:39What deal with me is a risky proposition.
- 32:40You call me on the phone, we have a cool conversation.
- 32:43If I have one or two Nuggets, I'll drop for you.
- 32:45And The thing is, my own material is free.
- 32:47And Tay Diggs also said that he likes that my stuff is practical
- 32:52because I'm giving next class steps.
- 32:54This is not a podcast where I'm going to tell you acquire to
- 32:56refire, to aspire to attain what you desire.
- 32:59You know, motivation, you know, blah, blah, blah, blah, blah.
- 33:02I mean, motivation is good, but you know, that's not the main
- 33:05reason why lots of us are not performing in our businesses.
- 33:08It's not because we're poorly motivated.
- 33:10It's because we don't know the next step.
- 33:11In fact, it's even tying into our motivation.
- 33:14If we know the next step, we'll go ahead and do the damn thing.
- 33:17It's because you don't know that's the reason why we sit and
- 33:19we're scared and we're thinking, we're wondering which way
- 33:22forward. So deal with me is a risk free
- 33:26proposition. Also, at one moment the mechanic
- 33:28is here. Let me just go and find out
- 33:30what's going on and then I will be back.
- 33:36OK, I'm back. So I just confirmed that they
- 33:38have carried. OK, sorry about that.
- 33:43I accidentally tapped something off.
- 33:44So I just confirmed from the mechanic that they've carried my
- 33:47compressor. So hopefully I shouldn't be here
- 33:49for for too long. What was I?
- 33:53So I was saying, yeah, that dealing with me is a risky
- 33:55proposition for the rest of you who have tried to get in touch
- 33:58with your favorite influencers in the past, because it's
- 34:00somebody that has confirmed I've tried reaching out to somebody
- 34:02else, you know, e-mail, nothing, phone number, nothing.
- 34:06But for me, I'm here. It's a easy casual conversation.
- 34:09We'll have a chat. If I can help you, I will.
- 34:11You know, if I can't, I'll direct you to where you can get
- 34:15the help. If you don't have money, it
- 34:17doesn't mean I won't spare you some time.
- 34:20We can have, you know, a quick 15 minute chat or whatever you
- 34:22have the money to to go ahead with paid coaching and
- 34:25consulting. Then yeah, sure, let's roll.
- 34:27Let's let's get at it. But The thing is, even if you're
- 34:31looking for free options, I have over 1100 audio resources that
- 34:37are available on the podcast and that are available on YouTube.
- 34:40And so I told him that look, you don't even have to pay me for
- 34:43even when you start making no correct money in your sales
- 34:46role, you don't even have to pay for coaching immediately.
- 34:50All you have to do is go to YouTube, type in Tavi Shima,
- 34:53type in podcast, and then type in what it is that you want to
- 34:56know. I have over 1100 free resources
- 35:01available on YouTube and you're going to be able to listen and
- 35:04get a sense of what the next clear steps are or what you
- 35:07should be researching next. So like I told him the key terms
- 35:10he should be looking for, especially after he has been in
- 35:12account management for like that kind of six months, you know, he
- 35:15should start looking on things for discovery.
- 35:18Discovery frameworks. Frame discovery frameworks are
- 35:21what guide the, the conversation that we're having with potential
- 35:26customers and we're trying to figure out who they are, what
- 35:29they're about, what's the problem that they're having, how
- 35:31much is the problem costing them?
- 35:33Where's the real pain points? You know, things like that.
- 35:36Because that gives us all the information that we need to be
- 35:39able to make a compelling sales pitch or compelling sales
- 35:44presentation or whatever it is that you, you want to call it.
- 35:47So I told him that's one thing you should be looking for
- 35:49discovery and what's it called? Qualification and discovery.
- 35:54So that's one of the key terms, Qualification and discovery,
- 35:57another term, discovery framework, another key term
- 36:00conversation framework. Let's see, what else?
- 36:03Another key term sales process. So I told him that just do that.
- 36:07If you go to YouTube and you type in Tava Shima, you type in
- 36:11podcasts. After that you type in
- 36:14qualification framework, you hit send.
- 36:16Every single podcast episode that I've made of the over 1000
- 36:20episodes that I've recorded so far that has anything to do,
- 36:24excuse me about qualification frameworks or conversational
- 36:27frameworks will be there and then just listen and he'll be
- 36:29able to get the the Nuggets. So that's what I told him to do.
- 36:33And of course, we're both looking forward to a time when
- 36:36we'll be able to work together as a paid client.
- 36:39And oh, we're already at 40 minutes and that's why I didn't
- 36:43want to do so. Let me just bring today's
- 36:44episode to a close. So that's all for today, folks.
- 36:48Remember, if you listen to this, you got value from it.
- 36:50Share from the podcast. If you have sales and marketing
- 36:53questions in particular, then bring them to me.
- 36:55You can call, you can SMS, you can WhatsApp on 08064662140.
- 37:01Thank you very much for your time and attention.
- 37:03I'll catch you, dear listener, at the next episode.
- 37:05Now let me go back and face the mechanics and see how far with
- 37:07my compressor. Well, that is easy can work and
- 37:11I swear I'm tired of this whole thing of driving second hand
- 37:14cars. I God willing, the next car by
- 37:18Gatsby brand new so that I know that I'll buy this car and I
- 37:21know that I'm using this car for the next maybe like five years
- 37:24and I have no problems. The only problem will be change
- 37:28tire service the car, you know that kind of thing.
- 37:32So just using like five years, six years, seven years, sell it,
- 37:35buy a brand new car. So any that's my own prayer for
- 37:37my own life shot. I'm tired of all the second hand
- 37:40second car, second hand car beers.
- 37:43I'm start driving brand new car. God willing, we'll all drive a
- 37:46brand new car. So that's it.
- 37:48I'll catch you guys in the next episode.