Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / Ask, Listen, Close: How to Navigate the "Happy Vendor" Challenge
Transcript
- 0:02Hello and welcome to the show. Today we're going to continue
- 0:05with the current discussion that we're having on objections,
- 0:09handling objections in sales, objections in business.
- 0:13Now remember an objection is anything that someone says, any
- 0:16reason that they give you for not wanting to go ahead with the
- 0:19sale, with the business relationship, with the agenda.
- 0:21That's for those of you who work in corporate Niger.
- 0:23Or maybe you work in the civil service and you're trying to put
- 0:27forward this campaign. Maybe you work at anyway.
- 0:31That's the National Orientation Agency.
- 0:33They are the parastatal, the government arm that is
- 0:36responsible for educating the populace on all things national
- 0:40development, civic education, you know, all these sorts of
- 0:43things. And you think it's a good idea
- 0:46to promote a program on sanitation, for instance.
- 0:51And you've spoken to the head of department, the health
- 0:54department thinks it's a good idea.
- 0:56You're pushing it forward in a couple of meetings.
- 0:58You're getting resistance from some people.
- 1:00That resistance that you are facing, whether at work or in
- 1:06business context, that is what we call objections.
- 1:10And yeah, so that's what I've been tackling the past couple of
- 1:13days now. For those of you who this is
- 1:15your first time of listening to the podcast, there's something
- 1:18that I pointed out that I would like to reiterate again, because
- 1:21they're a bunch of people who are very, what's the word?
- 1:26They have the right motivation and they're very persistent.
- 1:29And so they're going to continue and continue and continue until
- 1:32the deal clicks or whatever it is that they're trying to pursue
- 1:35works. But we have to realize that
- 1:38there's a distinction between objections and conditions.
- 1:42So objections, if you ask enough questions, you'll be able to
- 1:47figure out what it is that is really going on and you might be
- 1:51able to reframe your proposal, make a new presentation, that
- 1:57sort of thing. I get the deal going through.
- 1:59However, there are situations where what you have is not an
- 2:02objection, but what you have is a condition and a condition is
- 2:05where there's a prerequisite that has has to be met before
- 2:08you move forward. Now the example that I have
- 2:11given on the podcast in the past has been sale of alcohols to
- 2:15minor. So if you're in the alcohol
- 2:17business, more certain recreational drugs like vaping
- 2:21and things like that because vaping is becoming a thing in
- 2:23Nigeria. So if you're talking to someone
- 2:25about alcohol or vaping, the person says, oh, when I'm 15
- 2:28years old, you know, you stop because that is not an objection
- 2:31to be overcome. So you don't, you can't say oh
- 2:35you're 15 and so 15 year olds do this, you know, go ahead, just
- 2:38take a hit, you'll be fine. So no, the person says I'm 15.
- 2:41You stop. You stop the vaping composition
- 2:43because the person is a minor. You stop the alcohol
- 2:46conversations. The person is a minor.
- 2:48So that is a condition that is a prerequisite that has to be met.
- 2:52And we need to be able to be smart enough or descending
- 2:57enough when having conversations with people to realize whether
- 3:00we're dealing with an objection that can, that we can deal with,
- 3:04or whether it's a condition or a prerequisite that we just have
- 3:08to press. Full stop.
- 3:11Now, the objection that we're going to be looking at today is
- 3:15when people say we're happy with our current supplier.
- 3:18In the two episodes prior, we dealt with money objections.
- 3:22So we looked at situations where people say, I can't afford it,
- 3:25you're too expensive. Do you want to build house?
- 3:28Are you mad? How much did you say it was?
- 3:31You know, those kinds of money objections.
- 3:33And then we also dealt with, let me see, OK, you're too
- 3:37expensive. That was one that we did.
- 3:39We did a second money objection. You're too expensive.
- 3:43OK, yes. The second one was we don't have
- 3:45any budget allocated for it yet. So that was the one that we did
- 3:48yesterday. So that are the two money
- 3:50objections that we have handled. Now today's objection is not a
- 3:53money objection and that's when people say look, dude or girl
- 3:58guy like I heard what you said sounds impressive, but we are
- 4:01happy with our current supplier. And so because of that we're not
- 4:05doing business with you. So where do these kind of
- 4:08situations arise? Now they happen where someone
- 4:11already has reliable performance with the vendor that they're
- 4:14currently doing business with. So if you sell corporate
- 4:17cleaning services, you go to Zenith Bank and the Zenith Bank
- 4:21person says that hey look what you what you're doing seems
- 4:25legit, seems 21st century, everything is on point.
- 4:28Well, to be honest, the people that clean for us, like we
- 4:30haven't had any issues. They clean very well before the
- 4:33branch opens. Nothing has been stolen
- 4:36everywhere, smells nice and fresh.
- 4:37Like we really don't have a problem.
- 4:39We're happy with our current supplier.
- 4:40So that's one situation. Now it also happens where people
- 4:46are involved in current long term relationships.
- 4:49So let's say you sell medical supplies, medical equipments,
- 4:52drugs, you know, that sort of thing.
- 4:53You get to the hospital and you think because yours is the
- 4:56latest and the greatest and the best because you have the best
- 4:59medication from. Let's say you have the best
- 5:02medication from. Let's see, OK, let's say you
- 5:06have the best generics from India and Russia and they save a
- 5:11bunch of money and so because of that you think you might be able
- 5:13to sell into existing Nigerian hospitals.
- 5:16So you approach them, but if they have existing relationships
- 5:20with the other companies like JSK Gluck, is it Gluck, the
- 5:25Gluck School, Smith Kline, Beecham or something.
- 5:28So if they have relationships with AGSK or with this other
- 5:33Indian company that makes medicine, what are they called?
- 5:36I can't remember, you catch it. If they already have long term
- 5:39relationship, they would just say, Oh yeah, these drugs, yeah,
- 5:41they look on point, blah, blah, blah.
- 5:43But to be honest, we're already doing business with GSK.
- 5:45So I'm like we're good, we're happy with our supplier.
- 5:49Then sometimes some people just have strand strong brand
- 5:53loyalties. So you're trying to move in,
- 5:56you're the newest in the market. But The thing is the other
- 5:58person, everybody knows that person, they have a stronger
- 6:00brand and some people are just more comfortable sticking with
- 6:03that brand because nobody gets punished when you stick with a
- 6:07brand that everybody knows. But if you go with this brand
- 6:10new brand and the thing just the small comma inside yoga will be
- 6:15upset, your spouse will be upset, other people in the
- 6:19department are going to be upset because you're the one that said
- 6:21let's take a chance on these new people and then something
- 6:25happens. They don't live up to the
- 6:28promise and everybody's going to be angry.
- 6:30So at times like that, you're the one who's responsible for
- 6:33the purchasing, you're the one who's responsible for signing
- 6:35off. You just tell the people that
- 6:36you know what, we're happy with our current supplier.
- 6:38But then actually what's behind your mind is you have a just you
- 6:41have a strong brand loyalty to some other brand.
- 6:44Then other reasons why people say this is because there's
- 6:47going to be an implementation hassle, especially for those of
- 6:49you in the tech space for me to stop using.
- 6:53Let's see what's Nigerian company?
- 6:57OK, I can't think of a Nigerian company anyway, but let's just
- 6:59say in the tech space you've been getting all your Internet
- 7:02needs from MTN so far. You have MTN routers in the
- 7:04whole building, and then you get approached by what these people,
- 7:12this guy that owns Twitter, what's his name together once?
- 7:14Twitter. I can't remember.
- 7:17There's this billionaire that bought over Twitter anyway.
- 7:19So whatever his name is, his new company, Starlink.
- 7:22Yeah, I think that's Starlink. So a Starlink representative
- 7:25comes, It's just going to be a huge implementation hassle and
- 7:29disrupting workflow. Like everything has already been
- 7:31set up with the MTN routers and everything.
- 7:34If we're going to switch over to Starlink, we don't have to put a
- 7:38satellite dish. We don't have to rip out a bunch
- 7:39of cables. We have to line up some things.
- 7:42We have to change IP, OS, IP. Is it IPO?
- 7:45No, not IPO. Or is it IPP?
- 7:50Well, I'm not a tech person, but those of you who are tech
- 7:52people, you get the drift. So your IP addresses might
- 7:56change. Like there's lots of things that
- 7:58you have to implement, lots of things that will change.
- 8:00It's going to be disruption to workflow because, you know,
- 8:05maybe you have to shut down the whole system first and then
- 8:09upload, you know, fix all the styling things that need to be
- 8:12fixed. By the way, I'm not a tech
- 8:13person, so I'm just restyling here.
- 8:15I don't know how it really works.
- 8:16And then maybe you need 24 hours before everything can now come
- 8:19back online. So that's a disruption to work
- 8:21flows. And then another reason why
- 8:24people say we're happy with our current supplier is because
- 8:27there's this thing of risk aversion.
- 8:29You know, in Niger we say the devil you know is better than
- 8:32the Angel that you don't know. So some people might stay there,
- 8:34they listen to you and like, oh, cool, sounds really nice.
- 8:36But in their mind they're thinking, yeah, this sounds too
- 8:39good to be true. Let me just stick with the devil
- 8:41that I know. So the devil that I know is
- 8:43better than the Angel that I don't know.
- 8:45So these are tons of reasons why people can say we are happy with
- 8:49our current supplier. And I hope you guys are
- 8:51beginning to appreciate why this whole thing of listening,
- 8:54acknowledging, showing some empathy and then asking
- 8:57questions is important because we've run through a number of
- 9:01different reasons for why people are saying we're we're happy
- 9:03with our current supplier is until you know exactly what it
- 9:06is that they're saying that you know how you're going to deal
- 9:09with the whole thing. If somebody says we're happy
- 9:10with our current supplier and you ask a bunch of questions, I
- 9:13realize that what they're worried about is disruption to
- 9:15workflow. They're going to be able to say,
- 9:17oh, no, no, no, no, no, Madam, don't worry.
- 9:19It's not a problem. We can come in Friday, 8:00 PM
- 9:22at night after office has closed, and then we'll start
- 9:24work by Sunday morning, 9:00. Everything is already done.
- 9:29And then by 11:00 your IT people can come in between 11:00 and
- 9:336:00. We'll now run troubleshooting to
- 9:35be sure that every single thing is working.
- 9:36So that Monday morning, 8:00 AM, everybody comes into the office,
- 9:39everything is working smoothly and nobody will know that
- 9:42anything had happened. You're not going to be able to
- 9:44make that sort of presentation except if you asked in the 1st
- 9:48place, if you asked a couple of questions to try and get to the
- 9:50root of what it is that is going on.
- 9:52So asking questions really, really important.
- 9:55Now the typical industries that face these sorts of things, I've
- 9:58already hinted at those of you in the tech and in the software
- 10:00space, especially when you're doing AB to B thing.
- 10:02B to B that's business to business.
- 10:04So if you're selling IT to big companies, you want to hook up
- 10:09Zenith Zenith Bank branches in Abuja.
- 10:12You know those are the some of some of the issues that you
- 10:14might face. We're happy with our current
- 10:16supplier. Let's say you have human
- 10:18resources software you want to sell to Ministry of Finance.
- 10:20You know, let's face it, OK, well, I don't get Ministry of
- 10:23Finance, so I have no idea. But my guess is, I'm sure
- 10:25Ministry of Finance probably has some human resource software
- 10:28that they've been using to manage their payroll, their
- 10:32discipline issues, their time tracking their payments, their
- 10:35or whatnot. I'm sure that they already have
- 10:37someone. So most def if you show up and
- 10:40you say, oh we have this new greatest human resource
- 10:44solution, payments and processing this and blah blah
- 10:46blah blah blah and data management, whatever, I'm sure
- 10:49mini show of finance already has someone.
- 10:51So tech software space, you know they'll say, yeah, we're happy
- 10:53with our current supplier. Then if you're supplying
- 10:56equipment, office supplies, equipment in the business to
- 11:00business space. So let's say you sell stationary
- 11:03to schools, you want to supply textbooks and things like that,
- 11:06Chances are the school has been in existence for a while.
- 11:09They already have someone who supplies them, paper pencils by
- 11:12rose tissue paper textbooks. So that whole thing of we're
- 11:16happy with our current supplier or we have a supplier, nothing
- 11:18is there. Then financial services, how
- 11:21many people in financial services because people have
- 11:23established relationships with banking.
- 11:25I've mentioned over here on the podcast that even though a lot
- 11:28of the fintech ideas you guys are coming up with sound
- 11:30absolutely fantastic, I'm just not comfortable dealing with
- 11:33anything that is 100% online. I want a branch where I can go
- 11:36to first thing in the morning and grab someone and shout at
- 11:39them and say what happened to my money.
- 11:40This whole thing of this thing is totally online.
- 11:44I can't get to a building, you know, makes me uncomfortable.
- 11:46So of course, if you're having a conversation with me, I would
- 11:49say, Oh yeah, I'm cool, I'm cool with Zenith Bank.
- 11:52Yeah, I know that your service is better, but I'm actually
- 11:54happy with Zenith Bank right now.
- 11:56I'm happy with Axis Bank, even though I might not be.
- 11:59So now let's see what else. OK And then, yeah, there's one
- 12:03more category, telecom and utilities.
- 12:05So, OK, well, I used to have an MTN line.
- 12:09I ported over to 9 Mobile, thinking of porting back some
- 12:14some point. But The thing is, if you come up
- 12:16with a new line right now and you're trying to sell your new
- 12:19whatever in Nigeria, you know, most people, you know, lots of
- 12:23folks might not be early adopters, adopters.
- 12:25So they might want to wait like, OK, I'm happy with my MTN and
- 12:28they just leave it like that for utilities like Napa.
- 12:31That's not a problem in Nigeria right now because even though it
- 12:33has been privatized in quote and is now the PHCN, it still feels
- 12:37like it's the same old organization.
- 12:39So whether we call it PHC or we call it Napa, for Nigerians,
- 12:41it's like, yeah, it's the same thing pretty much maybe on the
- 12:46incorporation papers, on the legal documents, things have
- 12:48changed. So that might not really be a
- 12:50problem in Nigeria, but in the UK for instance, where they have
- 12:55alternative power suppliers, it's a thing.
- 12:58So you can show up to a building to try and sell your utilities,
- 13:03maybe work with UK gas and you get there.
- 13:05The people already take all their gas and their power from
- 13:08Scottish Gas, and for them will just be too much of A hassle to
- 13:12implement the whole thing, disconnect the gas, hook you up,
- 13:15change the meter and all these sorts of things.
- 13:18So in telecoms and utilities, people get those sorts of
- 13:20objections. We're happy with our current
- 13:22suppliers. Then of course subscription
- 13:25services, you know, like DSTVI really think one of the main
- 13:28reason why DSTV is still the king of the market or the queen
- 13:32of the market is because well, of course, you know, they have
- 13:36the rich menu, but nowadays everybody has access to the
- 13:39whole menu. So Cartoon Network is
- 13:41everywhere. That's for the kids.
- 13:43Nickelodeon is everywhere. What else?
- 13:48What do you call this thing, this football thing?
- 13:50UFL League and the premier, The premier, Premier.
- 13:53What's it called? Premier or something?
- 13:55And I'm not a football person, so let me not be trained by
- 13:59ignorance. Let me stop there.
- 14:01So they're available on all of them sorts of things.
- 14:03But I think the reason why DSTV is still the king or the queen
- 14:05of the market was just because they were here first.
- 14:07So they have lots of other people.
- 14:09And so people don't want to hear about the local alternatives.
- 14:11And like we're happy with DSTV, you know, even if it might be
- 14:14cheaper to switch. So how do you deal with this
- 14:18myriad of issues that we've spoken about here so far?
- 14:21Because remember all we've spoken about when people say
- 14:24we're happy with our current supplier, they're afraid of
- 14:26different things. There's risk aversion.
- 14:27The devil, you know, they're worried about disruption to work
- 14:30flows. Implementation might be a
- 14:32hassle. You're a brand new brand.
- 14:34I'd rather stick to the old brand because at least if I'm
- 14:36with the old brand, you know, nothing will happen if I move to
- 14:39this new brand. And then their service gets
- 14:41disrupted. Your wife will now look at you
- 14:43angry saying that, look, we will DSTV all this.
- 14:45Well, that service was never suspended the last 10 years.
- 14:48You've moved us to this new company now and it's like half
- 14:52the time they're not even on, you know, So you now start
- 14:55quarreling with your spouse and all that and how do we deal with
- 14:59that? So first of all, we have to
- 15:00acknowledge because like I said, nobody wants to feel like
- 15:03they're an idiot or they're just making up stuff.
- 15:06So you have to acknowledge that it makes sense and you empathize
- 15:08with people like, yeah, I understand, Yeah, you're happy
- 15:12with the current supplier. It looks like they're doing the
- 15:15totally, you know, it looks like they're doing a very good job so
- 15:19far. And this is where you now
- 15:20transition to asking questions and listen intently because
- 15:23you're trying to figure out the person who you're talking to,
- 15:25You're trying to figure out their needs and their
- 15:27priorities. And then it also helps to
- 15:29understand why they're so happy with the current supplier,
- 15:32because why they're happy with the current supplier might show
- 15:35that you have a superior USB. They might say, oh, we're happy
- 15:39with the current supplier because they get back to us
- 15:41within two weeks. This is the best I wish I've
- 15:43always experienced, blah, blah, blah, blah, blah.
- 15:44That's the point where you be able to say OK, two weeks, well
- 15:49two weeks for Nigeria, you know, that's good.
- 15:51But you know for the service that we provide, we get back to
- 15:54our people within three days, you know.
- 15:56So in that case you can see that for priorities, speed for
- 16:02instance, speed of response and things like that, that you have
- 16:05faster times. So they're happy with two weeks,
- 16:07then imagine how thrilled they will be if you can promise three
- 16:11days. So that's the reason why we need
- 16:15to ask questions to try and figure out what are the needs,
- 16:17what are the priorities, what are they happy about?
- 16:20And sometimes it's good to figure out what they are unhappy
- 16:24about with their current supplier.
- 16:25Just gives us ammunition. Why would anybody tell you that?
- 16:28It depends. If you do a good job of
- 16:30executing your sales framework and you did a good job of
- 16:33building rapport in the beginning, you know, people
- 16:35loosen up and they tell you all kinds of things, especially when
- 16:37there's no pressure. Because when you say, yeah, I
- 16:40understand, this makes sense and you empathize, there's no
- 16:43pressure, it feels like you're not going to force them to buy
- 16:47anyway. Also, people might just loosen
- 16:49up. So if people clamp up,
- 16:54Noahallah, just, you know, move on to the next person.
- 16:57But don't worry, follow your process.
- 16:58You'll be able to get all the data that you need to be able to
- 17:04improve your future selling efforts.
- 17:06So it's only after you ask questions and you listen to
- 17:08people that you can now argue for differentiation to say, OK,
- 17:12yeah, you're happy with this, but actually we were better
- 17:15because we do this, we deliver this, we have superior value
- 17:19because of this. It's only after you ask
- 17:21questions in the beginning. If you don't ask questions, then
- 17:23you just start trying to argue here and there and say this and
- 17:26say that you're guessing and you'd be annoying the other
- 17:29person 'cause you're the person that has told you that, Look,
- 17:31I'm happy with my current guy, with my current girl, so why are
- 17:34you just going on and on and on? But if you ask questions, you
- 17:37figure out where they're happy and show how your own value is
- 17:42superior, your timing is superior, your quality is
- 17:45superior, then you know there's there's way for you to step into
- 17:50the whole situation. Then you can also use case
- 17:53studies and testimonials from people who have switched, like,
- 17:56OK, yeah, you're happy with your current provider.
- 17:58I understand you've been using Interswitch.
- 18:00There hasn't been any problems. Or this is what you value.
- 18:03That is what you value. Well, actually, even though
- 18:05Interswitch provides this, this, this, this, we provide that,
- 18:10that, that, that. And we also do it in half the
- 18:12time. In fact, on my phone right now,
- 18:17I have the phone number of the GM of this bank.
- 18:20We spoke to them, they switched over, they left inter switch and
- 18:23this is the reason why they love us.
- 18:25This is what they told us. So Madam, I'm not lying like
- 18:28this is the phone number here. If I if you want, I can give it
- 18:30to you so you can call GM in the other bank and he will tell you
- 18:34straight up, you know. So that's a case study.
- 18:36That's a testimonial. Then let me see what other
- 18:40things are possible. But you guys get the juice
- 18:43anyway because we're close to 20 minutes.
- 18:44I don't want to make this another 30 minute episode.
- 18:46We should always be doing re qualification and rediscovery.
- 18:50When we're talking to people and we have objections re
- 18:54qualification. That is, when we're talking to
- 18:56the person, want to be sure that we have the right person, Do
- 18:59they have a problem we can solve?
- 19:00That's what discovery is about. Once we're sure that we're
- 19:03talking to the right person who has a need with a problem that
- 19:05our product or service can call, can solve and there's room to
- 19:08meander, You know, there's room to take a step back and make
- 19:12another proposal. Now there's an alternative
- 19:15approach which might be less direct in case you are afraid of
- 19:20confrontation. So if you're afraid of
- 19:21confrontation, you can try this approach.
- 19:23The alternative approach, the more lay back approach can be
- 19:26like Oh yeah, I understand you're currently happy with your
- 19:28current with your current provider.
- 19:30Yeah, sure, no while no problem, I get.
- 19:32And then you just ask a simple question, like is it OK if I'm
- 19:35your #2? Just in case your number one guy
- 19:37messes up, your number two girl messes up?
- 19:39That is also an option. In case you don't you think the
- 19:43things I said earlier are too confrontational.
- 19:44This is a much more laid back approach.
- 19:46You're happy? Oh no problem, I'll get off your
- 19:48hair. I won't disturb you.
- 19:50But is it OK if you just consider us as #2 if the person
- 19:54says, and why not? It's business now.
- 19:56Business is all about options now.
- 19:58So if I have your digits, if I have your material, it's not a
- 20:00problem then cool. What you now do is you put the
- 20:04person is in a relationship nurturing sequence.
- 20:07The goal of putting someone in a relationship nurturing sequence
- 20:09is this. You're sending emails, WhatsApp
- 20:11messages, SMSS. Once in a while you drop by the
- 20:14office. The whole point is you're trying
- 20:16to remain top of mind. So it's not just that you drop
- 20:19your flyer, you never come back. Drop your flyer.
- 20:21But the person should still be seeing you somehow.
- 20:24So follow the person on send a connection request on LinkedIn.
- 20:28Follow the person's Instagram drop by the office maybe every
- 20:31once in two months or something. We're sending them emails with
- 20:35insights and education about the product or service, the problems
- 20:41that are being solved in that space, you know, things like
- 20:43that. The whole point is to remain top
- 20:44of mind. So you're building credibility
- 20:46so that the day that their current provider, FSOP, you
- 20:50know, the guy messes up or the girl messes up, they'll say this
- 20:53Chukudi guy or this Chinaya girl, she's been hanging around,
- 20:56Let me just buzz herself, let me see what they have to offer.
- 20:58So that's an alternative approach that is more laid back
- 21:01if you're tired of being confrontational.
- 21:03So 20 minutes on the dot, let me bring you to a close.
- 21:06Connect with me on WhatsApp. The phone number is 08064662140
- 21:12and the country code is +234 for those of you who are not
- 21:15Nigerian. And then connect with me on
- 21:17LinkedIn. My name is Tavishima Ayede.
- 21:20I'm the host of the show. You can confirm the spelling of
- 21:22my name from the link. We're listening to this episode,
- 21:25so thanks for your time and attention.
- 21:27I'll catch you guys at the next episode.