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This week's assignment:
Donald Trump began the fifth episode of "The Apprentice"
by assigning the teams the task of going to QVC (the No. 1 electronic
retailer in the country), picking a product and selling it live on air. The
team with the highest gross sales would determine the winner. Trump, fed up
with the fighting and bickering (aren't we all?!) from the women's team,
moved Pamela from the men's team to the women's team and designated her
their new project manager.
In the boardroom
The women performed with less fighting
this week under Pamela's stern leadership but still lost to Mosaic by
the smallest of margins -- a mere $10 difference on the team's combined
sales of almost $36,000.
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Lessons Learned
How to Sell Persuasively
"Sales is the engine that drives every business enterprise. Whether
it's the sales force on the front line or the telemarketing department in
the back office, every person who comes in contact with a client or
potential client plays a critical role in selling your company's products or
services."
- Know your customer. Top sales professionals understand that
the most effective presentations focus squarely on the target's needs.
Use open-ended questions to learn as much as possible about customers
and what they want to accomplish with your product or service.
- Be passionate. Not only must you know all about your product
or service... but you must also believe in it. After all, if you don't,
why would anyone else? Besides, it will enable you to enjoy selling it
to others, even have fun talking about the product. Believe that if you
convince prospects to become your customers, they will be better off
because of what you sold them.
- Build rapport. Use the initial two or three minutes of
conversation with prospects to lower tension and make them feel
comfortable. Try to identify any negative attitudes about you or
reservations about your product. Spend more time listening than talking.
- Be succinct. Identify key benefits of your product or service
to focus on in advance. Catch your prospect's attention within the first
few seconds by highlighting how your product or service can fit into the
customer's plans or goals. Don't ramble. Avoid irrelevant or boring
details.
- Demonstrate the product whenever you can. Don't just tell how
the product works. Show how it can help your customer. Compare and
contrast it directly to competition when possible. That can help close
the sale.
- Sell on value, not price. Whether your product is premium
priced or the low cost entry, selling on price alone is a poor strategy.
Sell on value-what your product can do to help the prospect. If you know
your market and you know your product performs well versus competitors,
you can keep the dialogue away from price and focused on benefits.
- Anticipate and address specific objections. Uncover, identify
and resolve any customer resistance regarding the product or service.
Make a point of refuting each one.
- Match your communication style to your customer. A hard,
analytical sales approach may work with some prospects. A softer, more
emotional appeal may be better with others. Most important, learn to be
comfortable interacting with people, especially those you have never
met.
- Use past customers to make current sales. Positive feedback
from satisfied customers can help influence uncertain prospects.
Customer testimony supports your sales claims and adds credibility to
you as a sales professional.
- Stay on top of your game. Like any professional, you need to
sharpen your skills with training. Even seasoned sales professionals
need to continually upgrade their knowledge and capabilities.
PASS
- Leader's clarity of expectations and
accountability of team members. Pamela
understood that the women's team needed more structure and boundaries.
She wisely began by clearly defining her expectations. She immediately
got her team's attention declaring that she would not tolerate their
previous behaviors of inconsiderate interruption and backbiting. She
set clear boundaries and told them that she would hold them
accountable. As a result, we saw less fighting and backstabbing this
week from the women.
- Behaviorally specific feedback.
Leaders must give behaviorally specific feedback in
the workplace if they expect any change in behavior. Pamela said to
Stacy, "Stop what you are doing and listen." This statement is clear
and direct with no room for interpretation. In contrast, last week's
fired project manager used statements like, "Stop wreaking havoc."
This statement is open to interpretation and we all interpret things
differently. Leaders need to key on the specific behavior that they
want to change and communicate that clearly.
FAIL
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Dictatorial leadership style.
Pamela went overboard with her drill
sergeant style of leadership that was interpreted by her team as being
"lecturing and condescending." As in parenting, there is a fine line
between providing clear boundaries and a dictatorship. Extremes in
leadership (either being too permissive or too rigid) should be
avoided. Leaders need to balance their decisiveness and
boundaries with openness to being influenced by followers. Pamela cut
off her teams' attempt to strategically and collectively determine the
best pricing for their product with her authoritarian style. One of
the strongest assets of a team is the collective wisdom, experience
and talent of the group. If a leader isn't open to influence or
hearing a team's input, this asset is lost. Pamela had to be
bleeped several times due to her continued swearing at the team.
Leaders who swear in an effort to gain control of a team are modeling
unprofessional behavior and are demonstrating a lack of respect for
their team.
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Praise in public, criticize in
private. Elizabeth criticized (at
Pamela's direction) Maria's poor trial performance as an on-air
promoter via a loudspeaker and in public with only minutes to spare
before going live on air. This didn't give Maria much chance to
recover her self-confidence and composure and was no doubt
embarrassing for her to overhear. Feedback (particularly negative
feedback) should be given carefully and with respect in the workplace.
It is best to give challenging feedback directly to the person and
privately.
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Assessing talent and skill of
team members before assigning roles.
Leaders need to effectively assess the existing talents and skills of
team members before assigning team roles. Pamela relied too heavily on
individual self-reports by simply asking the women on her team what
roles they would be comfortable in. Trump fired Pamela because
of his perception that she did not possess a good assessment of people
and chastised her for not having done a better job assessing her
team's individual skills. Leaders should use a wide variety of
methods to assess the talent and skills of their team. As one example,
a 360-feedback assessment commonly used in a corporate environment
allows for a more complete view of each individual. This process
gathers feedback about an individual from all sources, including
supervisors, peers, customers and direct reports.
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The price is right.
Product pricing was a major factor in winning this
week's competition. Assessing what price the market will bear is a
critical factor to business success. There are a multitude of methods
to determine pricing. I was disappointed that both teams rushed
through this decision-making process and that neither team used a good
facilitation method to strategically analyze options. It was
surprising that both teams elected a risky "high price/low volume
strategy" and did not capitalize on QVC's proven marketing strategy of
leveraging low price and high volume. QVC sells more than $4 billion a
year with this pricing strategy. It could be argued that the men's
team was the true loser this week. They sold a paltry 252 Delonghi
panini grills -- 25 percent of their sales forecast -- on QVC. In the
corporate world, this performance would be viewed as dismal,
particularly in light of the potential of the QVC viewer market.
Likewise, the women were selling a cleaning product at a price near
$30. A better strategy might have been to price the product low as a
way to encourage new customers to try the product, resulting in higher
sales volumes.
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It's tough being the substitute
quarterback. Pamela was directed to
lead a chaotic team that was on a losing streak. I give Pamela credit
for recognizing that a major change in leadership style was needed.
Again, there is a fine line between providing direction and being
perceived as a dictator. This fine line, in her case, was the
difference between success and failure.
MAUREEN MORIARTY
SPECIAL TO THE SEATTLE POST-INTELLIGENCER
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