Market Dominance Guys
Guest: Jennifer Standish
Episodes
Wednesday Jan 10, 2024
EP209: Your Only Product Is the Meeting
Wednesday Jan 10, 2024
Wednesday Jan 10, 2024
Closing sales requires trust, and trust is built through conversation. As Chris Beall notes, in B2B, the gateway to ongoing dialogue is the discovery meeting. Yet, too often, sales teams fail to view the meeting itself as the product they are selling. As Bruce Lewolt highlights, sellers must frame their sincere care for the customer’s success. This care is best conveyed interpersonally. By securing that initial meeting, the sales rep opens the door to relationship-building. As Jennifer Standish explains, delivery matters as much as content in piquing interest. With the right tonality and empathy, a seller can turn cold calls into warm introductions. James Thornburg and Matt McCorkle build on this idea: the meeting is a gift, saving the prospect time and money. When sellers view appointment-setting as customer service, their conviction carries through. The discovery meeting enables the sales conversation to continue. Building trust starts with booking that first meeting. Join us for episode 209: Your Only Product Is the Meeting.
This episode has segments from the following full episodes featuring Matt McCorkle, James Thornburg, Corey Frank, Chris Beall, Jennifer Standish, and Bruce Lewolt.
EP139: Your Product Is the Meeting
EP122: Learning to Manage Your Voice Under Pressure
EP115: The Enemy of Your Message Is Drift
EP113: The Cold-Call Kiss of Death
EP108: Sales and the State of Apprehension
FULL EPISODE TRANSCRIPT Below:
Chris Beall (00:00):
I think that's what we do primarily in sales is we help people go from the emotional state they're in to one that would be more conducive to getting to an exploration of possibilities. And when we think of it differently, I think we get in trouble.
Matt McCorkle (00:16):
Yeah, I really like that analogy of being on the phone with somebody and the value of the meeting is saving them from an oncoming train or a bus or whatever you're saying. What we say is that this one isn't nearly as impactful, but when we're training we say you are giving the person you're talking to a hundred dollars, are you going to be excited and happy to give this person a hundred dollars because you're saving them that money simply by showing up and showing them some of the knowledge that we have at Ksr for their operation. Absolutely. You're not taking a hundred bucks from them. You're not wasting their time. You're giving them a hundred dollars and here's the a hundred dollars of value you're giving them. That's when we use, pretend like you got a hundred dollars and you're pocket and you're just walking up to somebody to say, here you go. No strings attached. Here's a hundred bucks. Help with that confidence. Absolutely right. Corey,
Corey Frank (01:09):
What's more fun for you? Do you have a balance of how often do you do cold calls? How often do you do discovery and do you yearn for doing one over the other?
James Thornburg (01:19):
I'm enjoying it all. To be frank. Right now I have a great process. I make calls maybe like an hour, an hour and a half a day, typically four or five days a week, pretty much every day, anywhere between nine and 11. And then in the afternoon it's dedicated to meetings. And depending on the day, I may be running two or seven different meetings. They might be net new meetings, they may be follow-ups, things of that nature. And then what people don't get to see, and it's kind of hard to understand is there's a whole world of selling and working deals behind the scenes with the different providers in terms of registration and things of that nature. Competitors, I mean, it's a knife fight. And what people don't realize about this business is that these deals don't always go through the front door. Traditionally how people expect them to be. I mean there's a lot of maneuvering on opportunities to get things done.
Corey Frank (02:10):
How about from a metrics perspective, James? I think Chris, at any given time you give him seven seconds notice. He'll pull up the data and the stats for his team and know within the first hour of the day if they're off or who needs help on the intro, who needs help on tonality as kind of the proprietor of your own practice there. Do you look at the stats at that level of tactical detail of how you're doing 'em one day or to the other and dial the connect or dialed a meeting or if you're getting your butt kicked in the intro, maybe it's a tonality thing and I should probably change it up. How do you use math of the data to alter or calibrate your sales process?
James Thornburg (02:51):
I do have a general idea in terms of what my numbers look like. I don't get overly concerned about, Hey, what my conversions are down this month. I just think it's a trend. I mean, you look at, last week for me, I set five meetings like an hour and a half, never happened before. This week I'm at one meeting, one meeting probably 20 conversations. So it's not horrible but not great. And so it flows. It flows and some days I'm better than others. I can feel it. You just know the conversations or I'm catching the right people. But I have a good idea in terms of my conversions, I mean, well data connect's kind of irrelevant I guess right now, but do connect was trending at probably close to three and a half, probably three and a half percent. But my conversions on my conversations are right around 10 out of 10 people I talk to. I'm converting one of those.
Chris Beall (03:45):
The disease that kills companies is distraction. That's why little companies shouldn't do strategic partnerships with other little companies that give each other the disease called distraction. And it's highly communicable, so be careful of it. You need focus and the focus is starts with the list. It's really easy to stay focused when you have that list. You can go through the list and say, have we talked to everybody on this list? We haven't. Let's take the ones we haven't talked with and try to talk to them. Okay, if somebody wants help doing that, come to me. I can help you talk to a whole bunch of people. That's what we do is like talk to folks and we help you talk to people. Have we got a meeting with everybody on the list? Not yet. Well, we have a job to get a meeting with the rest. Have we learned from the meetings that we've had, what resonates? So what percentage are resonating on the economics, what on the emotional and what on the strategic and what didn't resonate at all? That's a little trickier, but it's very objective step by step by step, and by going step by step, we do take care of immediate needs because guess what? We'll actually be closing business sooner than not. And the best part is it keeps getting easier instead of getting harder. That's the reason you do this.
Jennifer Standish (05:06):
I also think that we have to accept that a certain percentage of the population doesn't like to be sold to and they will shut down meetings to their own detriment. But there's nothing you can say to them. They just will not be sold to. And we just have to accept that. But everybody else is someone willing. Some people are more willing than others. I've had situations where I get no objection. I get sure, I'd love to. Absolutely. I'm available on this particular date and time and it's super easy. Other times there's a little bit of pushback, but then people are amenable. It's to scheduling appointments. So we just have to accept that some people are more willing to meet with people and are interested in what people have to
Corey Frank (05:52):
See. Jen, how much of that do you think, and you've seen, you've probably experienced bad calls. You've probably from your background, taught many folks to learn this skill. You have a voice. We have a handful of folks on this podcast, all brilliant folks, of course, present company included with me and Chris. But a lot of the folks that are on these podcasts of ours, they have a voice that can just melt butter and they have a command of their tonality, their stammer, their pregnant pauses. Is that something that you see as correlating to your success? Yes.
Jennifer Standish (06:29):
When you're, and I'll tell you, trainers, cold calling trainers, do not spend enough time working with people on their delivery because it's 80% of your success as a cold caller. A great script hits all the points with a terrible delivery. We'll get no appointments, but a great delivery with a mediocre script, we'll still get you appointments. Absolutely.
Bruce Lewolt (06:58):
So there's the athletic, the endurance, taking the brunt of rejection and still coming back strong. There is also, and to Corey's point at the sincerity, I really care about helping students. If you're a corporation, I really care about helping salespeople reach their full potential and do well. I care about helping your business do well. So that comes through to me. But when I train salespeople, I recognize if they work for a big electronics company, they may or may not care as deeply as I do about their customer doing things. So my daughter was a successful actress when she was young in Hollywood. She was on a lot of national shows and a lot of acting, trading, and they use framing, what's my frame here? How am I looking at the world? So for the salesperson, before they start, they need to do the same exercises that an actor does beforehand to get themselves in the right frame seeing things in the right frame. So they are coming across as caring. They are coming across if need be as very confident, or they are coming across as, I'm struggling a little here, could you help me? The broken wing script, if that's what they're doing.
Chris Beall (08:13):
Well, one of the beauties of B2B is that B2B tends to run through a meeting. You're going to have a meeting, and the meeting is a meeting in which both people are going to voluntarily show up. And the fear that's expressed as annoyance, it's going to be replaced by apprehension that you can replace with some other emotion. And it's a lot easier to work with apprehension on a volunteer than it is to work with fear on somebody you've ambushed. It's an easier emotional sort of game to play when we're dealing with that more awkward conversation. The cold conversation. One of the beauties is, the only thing you have to believe in deeply and sincerely, is the potential value of the meeting for the human being you're talking to in the case where you're never going to do business with them, and this is the only time in business.
(09:03):
I think there's such a thing as a universal framing. You can deeply believe no matter what you're selling, you can deeply believe my company are experts at this because we're specialists and this other person is a generalist and can learn from us. And what strikes me as especially odd is the product training that goes on for salespeople, even those who are setting meetings, is not about the product that they're selling, which is the meeting. So they never learn about that product, which is the only product that they have to sell and be sincerely to have that sincere belief in its value. And it's so odd. I have yet to see one time across all of B2B that I've run into, and you guys know, I see a little bit of it. I've never had a yes answer to this. So can you break down the discovery meeting for me that this person's going to have? Who says yes in terms of the value that they're likely to receive from attending that meeting?
Wednesday Aug 24, 2022
EP145: Building Trust Must Always Be Step One
Wednesday Aug 24, 2022
Wednesday Aug 24, 2022
In this episode of the Market Dominance Guys, Corey and Chris agree on the importance of building trust before anything else can happen. They are joined by Transformational Coach Jennifer Standish, Henry Wojdyla, Founder and Principal at RealSource Group, Matt McCorkle, Manager of Branch Operations at Kaiser Compressors, and hosts Ty Crandall on the Business Credit and Finance Show, Jeff Lerner from Ep 150 of Millionaire Secrets, and David Dulaney on the Sales Development Podcast. The full episodes to the ones included here are listed below:
EP91: Borrowing from the Best
EP109: Being There for Your Customers
EP123: Hire Yourself a Grandma
The Business Credit and Financing Show
Sales Development Podcast https://www.spreaker.com/user/9196584/episode-164-done
MILLIONAIRE SECRET #150 Unlock Your Potential with Jeff Lerner
Tuesday Mar 15, 2022
EP124: The Magical Type of Cold Call
Tuesday Mar 15, 2022
Tuesday Mar 15, 2022
Are you motivated to help the prospects you’re cold-calling? Jennifer Standish, Founder of Prospecting Works, joins our Market Dominance Guys, Corey Frank and Chris Beall, in this third of a three-part conversation to talk about different approaches to this process we call “sales.” Thinking of a sale as a “win,” implies that sales is a contest between you and your prospect — and your prospect is the loser. Does this sound like cause for a happy dance? Jennifer says it makes her crazy to hear salespeople say that they’re “killing” their numbers. Corey and Chris agree that this aggressive attitude could also kill the chance of developing a trusting relationship with a buyer, a relationship that would serve both parties now and in the future. Oh, these three savvy sales folks know what’s what when it comes to making magic happen between a salesperson and a prospect. You’re going to want to take notes while you’re listening to this week’s Market Dominance Guys’ episode, “The Magical Type of Cold Call.”
Catch the previous two episodes in this conversation here:
EP122: Learning to Manage Your Voice Under Pressure
EP123: Hire Yourself a Grandma
About Our GuestJennifer Standish is Founder of Prospecting Works, an organization that assists salespeople in overcoming cold-call reluctance. She combines her 25-year cold-calling career with her skills as an intuitive healer, offering a “warm and fuzzy” approach that attracts introverts as well as people who don’t want to be considered salespeople.
Tuesday Mar 08, 2022
EP123: Hire Yourself a Grandma
Tuesday Mar 08, 2022
Tuesday Mar 08, 2022
Would you hang up on your grandmother? Of course not! Jennifer Standish, Founder of Prospecting Works, joins our Market Dominance Guys, Corey Frank and Chris Beall, in this second of a three-part conversation to talk about the perfect voice for cold-calling success. Certain voices cause people to react in a positive way, and it turns out that a female over the age of 60 has the perfect voice to get that positive reaction needed to be a successful cold-caller. Who knew?! Well, researchers like Jennifer did. She has discovered that with a little training, middle-aged women without an identifiable accent are phenomenal appointment-setters. Corey and Chris enthusiastically agree with her that “grandmas are the untapped labor market we need in sales.” If this sounds bizarre to you, tune in to hear how the nuances of voice affect the trust you need to establish in the first critical moments of a cold call. It’s all on today’s Market Dominance Guys’ episode, “Hire Yourself a Grandma.”
Listen to the first part of this conversation:
EP122: Learning to Manage Your Voice Under Pressure
and the next segment after this one:
EP124: The Magical Type of Cold Call
About Our GuestJennifer Standish is Founder of Prospecting Works, an organization that assists salespeople in overcoming cold-call reluctance. She combines her 25-year cold-calling career with her skills as an intuitive healer, offering a “warm and fuzzy” approach that attracts introverts as well as people who don’t want to be considered salespeople.
Wednesday Mar 02, 2022
EP122: Learning to Manage Your Voice Under Pressure
Wednesday Mar 02, 2022
Wednesday Mar 02, 2022
Jennifer Standish, Founder of Prospecting Works, is preaching to the Cold Calling Choir when she says that cold calling trainers don't spend enough time working with their people on their delivery. Jennifer and our Market Dominance Guys, Chris Beall and Corey Frank, all believe that a great script that hits all the points but has a terrible delivery won't get you any appointments. However, a great delivery — even if you're working with a mediocre script — will absolutely bring in the appointments. In this podcast, they also emphasize the importance of a salesperson's mindset when it comes to being a successful cold caller. If you think everybody's going to hang up on you, that everybody's going to be nasty to you, well, then, that is generally what you're going to get. But if you believe in your core that your product or service can truly help people, if you are certain of the integrity of your offering, then you can sell people on your belief. Why? Because your authenticity will come through to your prospects, loud and clear. Listen to this first of a three-part Market Dominance Guys' series by these three cold-calling gurus on today's episode, "Learning to Manage Your Voice Under Pressure."
Then, listen to the next two parts of this conversation here:
EP123: Hire Yourself a Grandma
EP124: The Magical Type of Cold Call
About Our GuestJennifer Standish is Founder of Prospecting Works, an organization that assists salespeople in overcoming cold-call reluctance. She combines her 25-year cold-calling career with her skills as an intuitive healer, offering a “warm and fuzzy” approach that attracts introverts as well as people who don’t want to be considered salespeople.