“We need to really hustle to win this business. Lets pull out all the stops to convince the client, that we can really help them.”
“Lets travel to meet them, and spend time with them.”
Strategy, combined with creativity. New Communication. Results. Value.
The polar opposite of this response, and reaction is:
“We have a happy stable of clients, our accounts are all safe and secure."
“I have a good relationship with the client do not worry.”
“We are a part of the their business, everything is fine.”
“We are automatic part of their planning, we are included on almost everything.”
How many of us have heard these familar type responses about current customers?
Recently, we have won business – simply by outhustling. Showing up. Not waiting.
MAKING IT HAPPEN. BEING THERE.
In this era of conference calls, webex presentations, emails, voicemails, nothing replaces the good old nature, of the “door to door” mentality --- of just plain, showing up.
We heard on a conference call today from a client, about a large vendor competing on a piece of business with us. The other company is entrenched. The other company we are competing against, has a major leg up. The other company is taking this large piece of business, “for granted.”
“Andy, your competitor XXXX wants our business badly. We currently use them.. They are calling us non-stop to renew. However, we are going to go with you guys. You want to know why? Your folks have been here. Your team has been here (not in NYC) 4x in the past 2 months. This requires effort. We are going with you, because your team has gone the extra mile, and shown up, where the other company has not.”
This wont work for every company trying to sell a product. But, for big ticket items, and large deals – travel and the commitment to be in FRONT OF prospects and customers, cannot be replaced by email or phone calls.
I’m allergic to extensive travel expenses. But, I’m never allergic when I see qualified travel expenses on our balance sheet --- in an effort to differentiate.
Travel is a differentiator. And, sometimes it is taken for granted.
I wrote in a post that -- “'Ive learned from some of the best. And, what I've learned about "Differentiation" may not be all that different. “
Traveling to spend time with a client (or big prospect) is not different.
But, for some companies it is becoming a lost art. It’s being viewed as an expense to cut. It is being viewed as “old school.”
In the coming weeks, I will be writing about key differences (and difference makers to the selling process) that for many have become overlooked, and possibly negated.
The irony is, we are winning business because we are "outhustling, and outtraveling."
And, it has become our little secret. Our distinct advantage.
It's not new. But, it is becoming different.
Amazing how the "old shoe" that sits in the closet, (a current vendor, a current technology at a company) - can be thrown out and replaced by a new vendor -- using OLD SCHOOL TACTICS, like face to face meetings - and it often happens that the new company making an investment in what is thought of as, old school selling. Old school Willy Loman tactics --- of just showing up.
I share with you an example of my efforts to differentiate. I've left the client, and the city out of the email -- but, you will see, my goal is to place our people, and our difference, out front.
***************************************************
(copy of email to client below, names and placed removed)
I was inspired to write this email to both of you, by something that happened to me yesterday. The idea from this email came to be at 2:32am last night, and nearly got me out of bed to write.....but, I waited until I got into the office, to sit at my desk.
My team was at a meeting in Chicago with a prospect for our platform, Crowd Control. We are up against one other company, and the other company went in and pitched last week. Yesterday was our turn with their leadership, and senior ad operations team. I called in from NYC, while our team (from Lotame) were present in the room.
I think the meeting went extremely well. The Lotame folks in the room, went through a demo, and answered a lot of specific questions. It was a 90 minute meeting.
Turns out, (in the weeks leading up to the face to face presentation) before our folks went to Chicago (our team) had done WEBEX demonstrations, and had some technical calls about integration. The past few months they were considering potential partners, and had narrowed it down to two companies. Us, and one other DMP.
It was clear, we were in second place heading into the demo. They had not really asked a ton of questions during the last week, and I know when, at the very end of a considered purchase, you dont get much contact from a client -- well, that is not a great sign, and furthermore -- I lower my expectations of us landing the deal.
I learned 2 key things that I wanted to share with both of you, that transpired from this yesterday meeting in Chicago -- both are important, and worthy of me taking a few minutes to write this note to you.
I was asked by the COO yesterday, "Andy, all things being equal, what do you feel is the biggest difference in your company, versus XXXXXXX?"
My answer is what I wanted to share with you.
As you consider which partner to choose, it's important that you know a bit about the people who you will interfacing with, and who will be responsible for making the XXXXXXXXXX engagement with a DMP successful.
"I truly think our core difference is the Lotame people, who are vested on working for you, and with you -- and if you permit me, I would like to give you a quick background on the team that will make your Data Management experience a GRAND SLAM, and results oriented for you."
(inserted bio's of the team working on account here, with pictures)
If you have gotten this far in this note, I want to thank you.
After all, the people behind a company - make it what it is. I'm proud of our team, from technology, operations, and integration. As I've noted, I offer our all of our clients as references for you to call.
One last thing. A major learning (from the Chicago meeting yesterday) was the value of the face to face meeting that took place (although late in the process). I believe we will win this business, solely because our team was in the room, and got a chance to see the people, that back up the company we have built. The prospect shared with us.
If you both can swing it, I am willing to come to XXXXXX to buy you dinner on Thursday night. I will fly Thursday morning, and would welcome a chance to meet face to face with both of you. Choosing a DMP partner is a big decision, and if you havent finalized your choice, I want to make sure I do everything I can to win your trust, and build a bond -- expressing how important XXXXXXX would be to our company.
Please let me know if I can go ahead and plan on XXXXXX for Thursday night. It would be my pleasure.
I hope we are not too late. Lotame will run through walls to prove what the -- people behind the technology can do. I hope this email (and the content/spirit) expresses the subtle differences in us versus others, and that the, experience of the team assigned to you wont be so subtle, when ultimately dictating success.
XXXXXXX is hugely successful because of the people, the technology, and the relationships you have forged with your clients. My goal is to do the same. The people behind XXXXXXX have become leaders, and I am hopeful we as a company, can have a fraction of the success you have delivered for your clients, and
shareholders.
Let me know if Thursday night works, I need to book my travel.
Best,
Andy
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