Episode Transcript
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0:02
Ringy ring , ringy ring , Hello
0:04
switchboard . Good morning , Hello
0:06
there . I'm wondering would you be able
0:09
to put me through to your operations director ? His
0:11
name's John Smith .
0:13
John Smith right , Well , we don't have anybody's
0:15
contact details here .
0:18
But you're the switchboard for your company
0:20
. Yeah , yeah , that's right , we're the head office
0:22
absolutely Okay , but you don't have any
0:24
contact details of any members of staff .
0:27
We're a fully hybrid workforce now . Did
0:29
you say John Smith . If you have his phone
0:31
number , you're absolutely welcome to call him if you have his
0:34
direct telephone number .
0:35
Well , I want to talk to him about an idea
0:37
that I've got for your organisation .
0:39
It sounds like you may not have his number , so do
0:41
you have his email address ?
0:45
Well , I've actually sent him an email , but I'm following up that email
0:47
with a call . That's why I come through to you as
0:50
a switchboard to then put me through
0:52
to that person .
0:54
Can I ask ? One of the questions I have here on the desk
0:56
is are you interested in supplying us with new
0:58
products and services ? Yes , I am , yeah
1:00
, okay , so what I can do is give you
1:02
the new supplier email that goes to
1:04
a team that will read your email .
1:05
That's info at new suppliercom
1:09
okay , and I
1:11
mean I'm happy to do that . How confident
1:13
are you that the team reading that email will understand
1:15
what it is that I
1:18
want ?
1:18
well , I ? I'm simply on the switchboard
1:20
. My name is tony . We field number
1:22
of calls . Their job is to look at new
1:25
people who are interested in supplying the company , so
1:27
that's what they do . I couldn't speak for them , okay
1:31
.
1:31
Is that all right ? Okay , I'll do that
1:33
.
1:33
Okay , thank you . Thank you very much for calling
1:35
Bye , bye
1:38
.
1:48
Bob and Jeremy's Conflab
1:51
the Reality Podcast . This
1:56
, ladies and gentlemen , is what we're going to be talking
1:58
about today . It's about businesses
2:01
. Businesses how do people
2:03
get through to you and how do you buy
2:05
what you need to run and improve
2:08
your business ? It's a really good question
2:10
and that scenario is one that we've come
2:12
across quite a few times , and that's what
2:14
we're going to be discussing on today's podcast
2:16
. Businesses how do
2:18
you buy ?
2:19
So here we are , bobby . It's pouring with rain
2:21
, and where are you and I based ?
2:27
Well , I'm based in Lewis in Sussex , which is a really nice part
2:29
of the world , and it's not raining here currently
2:31
, though it has been . What about ?
2:32
you , I'm in Bucks , I'm in Buckinghamshire
2:35
, near the town of Buckingham . But
2:37
the fact is , bob , you and I are both based
2:40
at home and
2:42
our listeners heard that little sketch and
2:44
the operations director you were after , he
2:46
too was clearly based at
2:48
home . So I'm
2:51
going to get a little quiz for you , bob , and you can answer
2:53
listeners as well . What percentage of
2:55
UK businesses are
2:58
fully ? We're all
3:00
at work . This is a company where you must come
3:02
into , think of different industries
3:05
and things . So what percentage is that ?
3:08
I mean it's going to have changed hugely in the last few
3:10
years . But let's
3:12
say 40% , it's 30%
3:14
Okay .
3:16
So this could be hospitals , it could
3:18
be garages , it could be
3:20
all sorts of things where you are doing the work here Restaurants
3:23
, cafes , bars , soaps , train stations
3:25
, lots of stuff . But that's 30%
3:28
. So what percentage ? Question
3:30
two of businesses , organizations
3:33
in the UK are fully signed
3:35
up to hybrid working . It's
3:37
got to be 50% . At least it's 72%
3:41
, bob . Wow , yeah
3:43
, wow , yeah . Ons stuff we're giving
3:45
you here . So if
3:47
hybrid working is
3:49
the norm and
3:52
the 72% of companies who are signed
3:54
up to that , if you like , fully hybrid working
3:56
, the fact is , when you are
3:58
trying to get hold of the operations director
4:00
, who you think would love some
4:02
of reality trainings , leadership
4:04
programs , coaching , sales training , customer
4:06
service and it could make them much better , couldn't it ? oh
4:09
good , you're not going to get hold of him , bobby , whereas
4:11
you and I years ago , when
4:14
we were in the world of outbound calling
4:16
and we worked in offices
4:18
and contact centers , we could
4:20
ring businesses with a fairly reliable
4:22
. We'd get past a gatekeeper
4:25
. Of course we'd play those games . But if
4:27
we had an idea , if we had a product or
4:29
service that they should be considering
4:32
and we had a good , effective
4:34
opening our pitch was relevant and
4:36
we had done our research we might get a conversation
4:39
. We might end up selling them , reselling them
4:41
and becoming a supplier .
4:42
Well , I think , if we look back at
4:44
history and very recent history before
4:47
the internet , if you wanted to
4:50
buy stuff or needed to buy stuff for your
4:52
business , you had to
4:54
collate and assess
4:56
information . Now you did that in
4:58
a number of ways you either read
5:01
magazines which were about
5:03
those subjects , or you
5:05
went to exhibitions where you met companies
5:08
who were involved in those various topics , and
5:11
then you would select
5:13
ones that you needed to talk
5:15
to in more detail if they had a product or service
5:17
that you were going to need , and
5:20
then , over time , you would build up a network
5:22
of contacts that would be your default
5:24
go-to for those particular
5:26
products or services . Now
5:28
, of course , the Internet's come in and that's
5:30
changed things hugely . And
5:33
I was working in publishing when magazines
5:35
were desperately trying to play
5:37
catch up with the Internet in terms of products
5:39
and services and help people to
5:42
find stuff online that they might want
5:44
to buy services and
5:46
help people to find stuff online that they might want to
5:48
buy . And now what's happened , especially
5:55
since the pandemic , is that , because of hybrid working , you cannot just call somebody
5:57
and get through to them and have a conversation . It used to be the case that people would have answer phones and voicemails
6:00
that they would field for a long time . Now
6:02
they don't even need to do that , because if you don't
6:04
have their contact details , you
6:06
have no way of making contact
6:09
with that person .
6:10
Just sticking with what you've just said is , if
6:12
I was looking to buy that's how you prefaced
6:14
this I would build up a series of contacts
6:17
. I would read magazines . What
6:19
we're saying to you is that if you
6:21
were in a business that could
6:23
provide Bob , who was doing that work
6:25
as a buyer and thought he
6:27
might be in the market for your service
6:29
or product , Bob , during
6:32
his research , might receive an incoming
6:34
call from a salesperson saying
6:36
hey , I know that you're involved
6:38
in this and you make this , we provide this . And
6:41
he may not be expecting it and
6:43
he may not be in the buying market at that time , but
6:46
that's how salespeople operated . They would do
6:48
their research and they would be another
6:50
option for the person while they're looking to buy
6:52
. But I think what's interesting sticking on
6:54
this theme is how do you buy
6:56
? Now I would
6:58
say the shift is you no longer grab
7:01
your B2B magazine , you no longer
7:03
grab your directory . I was in directory business
7:05
. You happen
7:07
in your break to fly onto LinkedIn
7:09
.
7:10
Yep .
7:11
Or you flick open some
7:13
form of other social media and
7:16
you're in the market for whatever
7:18
product or service it is , and
7:20
you're hit with other options . And , of course
7:22
, when you fire up your computer in
7:24
the morning , whether it be a laptop or a desktop
7:26
, you will be receiving a
7:29
vast amount of emails saying , hey , we
7:31
make rivets , hey , we
7:35
provide whatever . And
7:37
so it seems to be that the buyer of
7:40
business to business services either
7:43
is very happy with their lot or satisfied and just
7:45
keeps signing the check . The direct
7:47
debit goes out each month for the product or service that
7:49
they are buying to enable
7:51
them to be in business , or they are
7:54
receiving emails , social media , some
7:57
form of direct mail , but how many buyers
7:59
are receiving incoming calls
8:01
? Based on the statistics that I shared
8:03
at the beginning , the answer is very few
8:06
, because when you buy
8:08
data and that's another email I receive each week
8:10
do you want to buy some data ? I'm not
8:12
offered mobile numbers , and if your
8:14
operations director's at home , bob , I've not
8:16
got his home phone number , I can't buy that and
8:18
I also can't buy his mobile . I can buy
8:20
his switchboard number and I can buy his
8:22
email .
8:24
Do you think that it means that
8:27
businesses by and large
8:29
are buying
8:32
the products and services they need poorly
8:35
based on past
8:37
experience , rather
8:39
than looking objectively
8:42
at what it is they're looking to buy and garnering
8:45
the relevant information to make a better choice
8:47
?
8:48
I think , if we look at human nature , I think there's a huge
8:50
amount of apathy that takes place both from
8:53
a buyer of a business or a consumer
8:55
. Look at how many people reinsure inferior
8:57
insurance products or they just stick with
8:59
their existing supplier . I think of the
9:01
US Charlotte-based sales
9:04
trainer , jeffrey Gittimer , who always says hi , are
9:07
you satisfied with your current supplier
9:09
? Yeah , I'm actually , yeah
9:11
, relatively satisfied , relatively
9:13
satisfied . You're happy to just be
9:15
satisfied . I prefer it when customers
9:18
say to me I'm over the moon . There's
9:20
no way I'd switch . By the sounds of things , things aren't good for
9:22
you . Let's have a conversation . Most people
9:24
are just I'm satisfied with my current supplier
9:26
Great .
9:28
Well , it would be nice to have that conversation , to
9:30
even hear that . Yeah , it would . And
9:32
I think that's the other side of it is
9:34
that , if you think to yourself right
9:36
, I'm in a position now where
9:38
I don't need to receive calls from people
9:40
trying to sell me things because I'm so important
9:43
, so busy , that I'm going to focus
9:45
on the things that I really need , to focus on the
9:47
fact that those people trying to sell you things could
9:50
actually help you achieve those goals and
9:52
could help you do what it is you need to do
9:54
. That's something which you are then
9:56
selecting when to engage
9:58
with that process and , if you can , you'll
10:00
delegate it to somebody else to do because you
10:02
think it's in some way beneath you . Is that the case
10:05
? Wow , it's quite heavy , isn't it
10:07
? It is , but I think it's true because
10:09
I I think if , when I think back to when I
10:11
was in business and managing
10:13
people and having to buy things
10:16
for exhibitions and stuff like
10:18
that , you know we were given budgets to spend
10:20
and there was all that sort of thing , there was no problem getting hold of people
10:22
. There was no problem getting hold of people . There was no problem getting
10:24
hold of information . People called you back
10:26
. People were desperate to sell you things and
10:28
were very effective in that
10:31
, and I now wonder
10:33
whether there is a kind of a bit
10:35
of a schism taking place where maybe
10:38
the reason that you're in a senior position where you can spend
10:40
money is because you have a network of people that
10:42
you use and that has value
10:44
to the organization . So they think , well , actually , well
10:47
, yeah , we'll promote that person because they know all
10:49
these different companies and people that they have a relationship
10:52
with . That means we don't have to go out and do
10:54
that work . That saves us money . And
10:56
I wonder whether people are rewarded
10:58
for the value of the networks that
11:01
they have . That's's another really interesting concept .
11:02
That's an interesting concept . I think , yeah
11:05
, when people are bringing in brilliant suppliers or
11:07
changing an element
11:10
of what they buy a new ingredient , a new
11:12
item , a new tool , a
11:15
new widget , whatever , and yeah
11:17
, they've got access to their network . I'm
11:20
sure that's what a lot of industries
11:22
trade on that . If I employ somebody
11:24
, he's got a good network
11:27
. We might win some more business through them
11:29
. Interesting isn't ?
11:30
it . The other side of it is that
11:32
I receive emails , as you do
11:34
, every day , and those that's
11:36
because we're a small business owner and
11:38
so we're on lists somewhere
11:41
and we get through these emails
11:43
. Now , most of these emails 95
11:45
of them are untargeted
11:47
, unspecific , broad-based marketing
11:50
emails that some businesses might
11:52
be interested in . So I get one
11:54
regularly from a company trying to sell water
11:56
for my office yeah well , we do
11:59
still have an office , but we don't need a big jug
12:01
of water in it , and if
12:03
they bother to do any research , they take me off their
12:05
list . But that's the kind of thing I get . I
12:08
get a lot of stuff from software
12:10
companies saying you need
12:12
to be selling our learning
12:15
management system yeah , with your training
12:17
to people , which means they want me to
12:19
become a reseller of their software . Effectively
12:21
, you know they get quite a lot of that and
12:23
I get loads of people saying let's
12:26
value your company for you , let's buy your
12:28
company for you , let's find a way to sell your company .
12:36
This podcast has been created by Reality
12:38
Training . We're a UK-based training
12:41
and leadership brand who work across many
12:43
sectors to improve businesses
12:45
and their people . Our tagline
12:48
is selling certainty , because
12:50
that's what we do Give you more certainty
12:52
in how you do things and give you
12:54
certainty about how you sell things
12:56
. Find out more at realitytrainingcom
13:04
. So we've
13:07
got this idea of selling and
13:09
if we start with a buyer's perspective
13:12
, they are doing research
13:14
online primarily for things
13:16
they need for their business , and they might
13:18
receive an email , social media , direct
13:21
mail and some phone calls , but we can't reach them
13:23
on the phone . That's the point . That's what we're saying . They can't
13:25
be reached on the phone . Them on the phone . That's the point . That's what
13:27
we're saying . They can't be reached on the phone . Now
13:29
the other thing that's taking place is
13:32
marketing , marketing and companies
13:34
are going . How
13:39
do we get people to be aware of us ? How do we get them to be interested in us ? How do we get them
13:41
to try us ? How do we get them to repurchase ? How do we get them to be loyal ? So this is constantly
13:44
returning and if they're
13:46
trying to hit the business marketplace , it's
13:49
just the same . They're looking at email marketing
13:51
, they look at social media and
13:53
they might look at certain
13:56
very targeted , paid for advertising
13:58
to enter into a marketplace
14:01
or a community where
14:03
their buyers are reading or listening or whatever it
14:05
might be be
14:15
. But we could argue that this podcast episode is stating that perhaps the outbound channel of winning
14:17
business and we're only talking about winning , by the way , we're not talking about once
14:19
they're on your database , because then you've got their number and
14:21
your supplier and they might say I don't want to buy it this month but
14:23
you can call them , we're talking about winning new
14:25
business via the outbound
14:28
action of a telephone is
14:30
diminishing returns not
14:33
your best bet ? We
14:35
could argue some companies might even not
14:37
have it in their mix of business building
14:40
activity whatsoever . Could
14:43
we argue that turning up in a car
14:45
to an office or
14:47
to a building or an industrial estate , whatever it is , is
14:50
actually more likely to
14:52
result in an activity than a cold
14:54
call where they may or may not be there because they might be working
14:56
at home .
14:57
Well , the other side of it , of course , is that for larger organizations
15:00
, they will have procurement departments
15:02
. So anything that you need to buy , you
15:04
go right , guys , I need to buy this sort it for
15:06
me and they'll go and do it , but that
15:08
then also means that you're
15:10
dealing with a department which is
15:12
slightly disconnected from your
15:15
area or the bit that you you really need it for . That
15:17
doesn't mean they're necessarily going to do a bad job , but
15:19
it just does mean that you're again , you're
15:21
slightly further away from that relationship
15:24
, from that conversation . Should we do ? Three is
15:26
the magic number , because I've got some big questions , so
15:28
let's play three is the magic number
15:30
, because I've got some big questions , so let's play
15:32
.
15:33
three is the magic number .
15:38
So my first question
15:40
is how do
15:42
you buy for
15:44
the business ?
15:45
Very reactionary and mostly
15:47
influenced by you
15:50
telling me what you think I might need
15:52
. So , listeners , my favorite call
15:54
. I was once walking the dog and Bob said now
15:56
Jeremy , how would you like a
15:58
new car ? And
16:01
I was going what , hey , we
16:04
could do this company car scheme . Hey
16:06
, jez , have you got a watch ? Jeremy
16:08
, your sound booth , what
16:11
you need is a kit . I
16:13
think you probably know the answer is I don't buy a lot
16:15
. I'm more interested in low-cost cac
16:17
like stationary . That gets me excited
16:19
. But I
16:21
think I buy books online
16:24
. Yeah , through various book sites
16:26
. I look at and I buy
16:28
. Yeah , it's just . I don't
16:31
go to any specialist exhibitions . I
16:33
can't think of a major investment
16:35
trip that we've made to really
16:38
calculate something . I think even
16:40
our most recent business service that
16:42
we bought into accountancy was an online
16:44
discovery . No , no that
16:46
was an email from them actually , so that was email marketing
16:48
. But no , that's how I buy
16:50
.
16:51
Okay .
16:52
My question to you is slightly different what's the best
16:54
way to sell to you as a business-to-business
16:56
customer , a business-to-business company
16:58
? So slightly different , but thinking of how
17:00
should people sell to you .
17:01
Well , if you have a supplier
17:03
who understands what
17:05
it is you actually do and how you operate
17:07
, then it would be a hell of a lot easier for them
17:09
to sell , because if
17:12
they knew what we were and how we operated
17:14
and how we do things and what our priorities were
17:16
, they could go ah , here's a solution for
17:18
you . But no one ever does that . I mean , when was the last
17:20
time anyone ever said to us you're a training
17:22
company ? No one , ever , absolutely
17:24
. And even if they do , they don't ask
17:27
, they don't say who are your customers . No
17:29
, no one's that interested , which is shocking
17:31
, really for any B2B . I'd
17:34
like them to understand us
17:36
.
17:37
And then they might . Sounds to me you'd be okay having a phone call if they
17:39
gend up .
17:41
On the few occasions I've had good phone calls
17:43
, I've really enjoyed them Because it
17:46
is an experience . It is good to be sold to , it
17:48
is good to realize that there is persuasion
17:50
in the world , but it's rare . So
17:52
that's the truth . The way that we want it to
17:54
be done is different . Question two Is
17:57
similar but slightly more nuanced . What
18:00
product or service would
18:03
you love someone to call you about
18:05
and try and sell you ?
18:07
It would be a form of technology
18:09
where me
18:11
looking online and clicking is not going to help
18:14
, but they would ask me questions and personalize
18:16
the technology to me . So some kind
18:18
of clever podcast-y stuff , some
18:20
kind of email-y system , some
18:22
kind of marketing dashboard , but
18:25
really personalized to me
18:27
, having fully as you've said , fully understand
18:29
what we do and how we do it , I'd love
18:31
to be sold tech products in a brilliantly personalized
18:34
way over the phone . That'd be lovely .
18:36
Excellent , and that's interesting
18:38
that you've gone down that road . That's really good
18:40
.
18:41
My question to you is slightly different . Can
18:43
you remember the last thing
18:46
you sold over the phone , outbound From
18:48
a single call , not necessarily a single
18:50
call , but you got in touch with someone over the phone and they
18:52
responded and they bought .
18:55
Well , I can remember , speaking
18:57
to customers , that we've sold training
18:59
programs yeah , but that that's existing .
19:01
I'm talking about brand new . Brand new in you go
19:03
, boom , boom , boom . There
19:06
you go . It's hard , isn't it ?
19:08
it's I think , I think when we used to
19:10
do open courses yeah
19:12
maybe one or two of those possibly
19:14
was a call like that . Yeah , but
19:17
12 years ago . Yeah
19:19
, it's rare , isn't it ?
19:20
12 , 15 years . Is that yeah ?
19:21
yeah .
19:21
So there you go . So we see the difficulty of
19:24
outbound ourselves . And also
19:26
we wage our bets on developing
19:28
existing relationships and referrals more
19:30
than winning cold over the phone .
19:32
Well , that's because just to
19:34
win cold over the phone isn't possible
19:37
if you don't have email marketing , if you don't have
19:39
other forms of social media to
19:42
back it up .
19:43
Yeah , let's go to question three , and then I think I'll
19:45
share with the listeners some of our own experience on
19:47
a recent project .
19:48
Okay , what's the most
19:50
common B2B emails that you
19:52
get ?
19:53
We're opening an office in your country . We're
19:55
very impressed with your track record .
20:03
We'd like to talk to you and I don't even know what they do , and they're replicated in
20:05
in linkedin as well . Uh , that's good . Yeah , that's funny , isn't it ? Yeah
20:08
, I have a bit of a funny thing I occasionally
20:10
do on twitter where
20:12
I will say something like
20:14
reaching out to you oh
20:16
yeah , I don't think so , or
20:18
loved your li
20:21
profile oh yeah , yeah , like
20:23
hell , got a couple of samples
20:26
to share with you . Where's
20:28
that come from ? This is literally out of the blue
20:30
. No contacts at all , no context
20:33
. No , I'd love to find out more about
20:35
you . No , none of that , just straight
20:37
in with . I wanted to reach out
20:39
, which is one of the oddest expressions
20:41
I have heard . I
20:44
don't want you to reach out to me . If you want my
20:46
help , reach out to me . I'll help
20:48
you . But you know , don't reach
20:50
out to me in a kind of altruistic
20:53
way . You're going to do me a favor . By reaching
20:55
out to you , you're becoming my you
20:58
know my friend . In some way it's a bit like
21:00
how are you to somebody that you don't know ? You
21:02
know it's not entirely genuine
21:05
. So there we are okay .
21:06
B2b startup . I'm a b2b
21:08
startup and I haven't got a single
21:10
customer . What would be your recommendation of what I spend
21:12
time on , of trying to win my first customer ?
21:15
data . Data is the most important
21:17
thing .
21:17
Get some data .
21:19
Not just getting data . Define the
21:22
data that you need . Define the
21:24
organization , the
21:27
level of person that you're going after , the
21:30
type , the size of the organization , where
21:32
they are , geography , the demographics
21:34
. All that stuff is absolutely
21:37
essential before you do a thing . Yeah
21:39
, because you could spend a fortune on developing
21:41
great looking marketing . Well , if you haven't got a decent
21:43
list , doesn't go to the right .
21:44
No point , no point well , let's talk
21:46
about our recent project . So we created a thing called
21:48
project outbound . We developed
21:51
two people and we must
21:53
be six months into it now something , something like that . What
21:55
we have discovered is getting the
21:57
data right , the companies who could be
21:59
in the market . What we do is important . We
22:02
cannot currently . We haven't
22:04
managed to get anybody on the phone , have we ? We
22:06
haven't been able to get through to somebody . We've got through to
22:08
receptionists . Details
22:10
left , but there's also
22:13
not only they're not there , but there's now a
22:15
much more enforced of not putting through
22:17
. That's stronger than ever before
22:19
. Even if your idea is brilliant and could help
22:21
them , it
22:26
seems that there's a real gap in that , and so the crafting of very good emails
22:28
and the other marketing that's available to us is where we find ourselves
22:30
, and we just thought that spreads across
22:33
all businesses . So any business must be finding
22:35
themselves in this position , probably especially
22:37
so if you're not a regionally based
22:39
business . So if you supply
22:42
to companies in a region
22:44
, you're in a marketplace and there's lots of companies
22:46
that could buy your stuff and you are some
22:49
form of fairly common
22:51
service or high frequency purchase
22:53
consumable . Great , you
22:55
know who might be in the market , but we can sell
22:58
our stuff to anybody anywhere , and if we marketed
23:01
ourselves regionally , I'm sure we'd go bust in minutes
23:03
because we have to be available
23:05
to all . So it's a challenge
23:07
.
23:08
I don't know that this is cultural
23:10
. I think in other countries perhaps
23:13
they haven't quite gone down this fully automated
23:15
road yet , but I
23:17
do remember there was some really
23:20
good ways of getting through to people when
23:22
you had receptionists who could put you through
23:24
. So there were a number of techniques
23:26
you could use to get past that gatekeeper
23:28
to get to the person that were pretty good . Now
23:31
they've gone . Ah , we
23:33
don't give that gatekeeper that facility .
23:35
No .
23:36
Therefore , there is no way that you can do that .
23:38
No .
23:39
And it's almost like come on then , are
23:41
you going to get past that ? Well , we'll think of another way to stop
23:43
you getting through to someone . Well , in
23:45
that case , what damage are you doing
23:47
to your business if they're not able to find
23:49
out what is available to them ? It's a
23:51
really interesting perspective , because you're
23:54
thinking , when I'm freeing up my people's time to do their jobs
23:56
, but what if ? But they're not hearing
23:58
the pitch . They're not hearing the pitch , they're not hearing the
24:00
product they're not aware of the service and
24:03
it's a block .
24:04
Without even listening , it's a block without even
24:06
engaging . Yeah if we look at our
24:08
youth , so the largest
24:11
bracket of people who are not
24:13
working from home are aged 16
24:16
to 24 . They , they are out there
24:18
, so they are doing things that are maybe more practical
24:20
, more manual or more
24:23
lower earning type work , whether that's
24:25
cafes or whatever it might be . What's
24:28
interesting with this hybrid thing and the reason why
24:30
we can't get hold of people is , when
24:32
you hit the 50,000 pound salary
24:35
mark 27%
24:37
is that that is the highest bracket
24:40
of working from home . So well , over a quarter
24:42
of people who on that money are at
24:44
home and that means that they've built
24:46
themselves a facility , a capacity enable
24:49
them to earn an income , or now they need
24:51
to earn less , or whatever the situation
24:53
is , because their age is probably commensurate
24:56
with this is I don't need to go
24:58
out to work anymore because I've found a way of earning
25:00
money being based at home and I don't have to interact
25:02
with the populace . So the other problem
25:04
with not buyers
25:07
not seeking to have conversations is we're
25:09
creating a more insular world where people are
25:12
not understanding the breadth of variety
25:14
and the big brands can
25:16
play because they can still run their ads , they
25:18
can still do their big branding , their
25:20
big out of home , branding , all of that stuff
25:22
. So you
25:24
know arguably to be a B2B
25:27
supplier , business gosh
25:30
, you might need to have such a compelling
25:32
proposition and if you weren't local
25:34
or reasonable or of mass appeal
25:36
, you'd really have to cut
25:38
out your marketing exercise to not lose
25:41
all your money in year one and
25:43
find sugar . Who have I got to win as a
25:45
first customer because you couldn't just
25:47
do what you and I grew up doing . Here's
25:50
a phone . Here's a list of numbers
25:52
. Get at it and you know what . You'll
25:54
make something . If you look at the ratio of sales , I
25:56
made a day in my directory selling days , you
25:59
made two a day almost without
26:01
fail . That's two sales a day just
26:03
hitting the phones , yeah , and those
26:05
sales could be for 10 grand , 50 grand , whatever
26:08
, just from hitting the phones . That
26:10
facility doesn't exist .
26:11
I don't think no I remember selling advertising
26:14
for years where the process
26:16
of getting through pitching
26:18
your media , putting
26:21
together a brief proposal and
26:23
getting a decision within a few days was pretty
26:25
common . But then over
26:27
time , the larger the organizations
26:30
you dealt with , that decision making
26:32
process took longer and longer and longer
26:34
, and agencies didn't
26:36
help that process either . I
26:38
haven't been in advertising for years now . I'd be fascinated to see
26:40
how different it is now in that respect
26:42
.
26:43
But at the same time , those are important choices
26:46
that you're making there and
26:48
I think on the outbound call
26:50
and the skill of it , it is a skill . I
26:52
think an american trainer I saw the other day said outbound
26:55
calling isn't a cadence , it's
26:57
a skill . I agree it's not . I call
26:59
one and I do that . Then the second call does that
27:01
. I agree it isn't that . It's a real skill . But
27:04
if you're trying to call people who've never
27:06
heard of you for the first time and they're not on your database
27:08
with the very fact of hybrid working
27:11
, they're not there . So
27:20
it's almost from the start your odds are very poorly stacked against
27:22
you . Yeah , you're going to ring someone who won't be there and you won't be given
27:24
their number . So I'd love to hear have some interaction from listeners
27:27
saying well , no , no , it works for us because
27:29
we do it this way . I'd love some kind of responses
27:32
to this , because when I look online I see trainers
27:34
selling cold call training , of course , because
27:36
they're trying to make an income out of it . We've
27:38
produced an entire set of systems
27:40
and packs around this and all sorts . But
27:43
we're not talking about calling an existing database
27:45
. We're talking about winning business . Who
27:47
doesn't know you from Adam on the first call
27:49
and it's just a muchos challenge
27:52
. Well , I hope that's been an enjoyable short
27:54
little episode for you .
27:55
Yes . You've enjoyed that I hope , bobby , been
27:57
an enjoyable short little episode for you . Yes , You've enjoyed that
28:00
, I hope Bobby . Yes , and I hope it stimulates thought , and that particular area is one
28:02
that I'm sure we're going to return to , because I have a feeling
28:04
it will change still more in the next few years as
28:06
we become more we need a new channel
28:08
.
28:08
We need a new B2B channel that is
28:11
just wonderfully communicative
28:13
and interesting . Maybe the
28:15
Zoom world can pop up and people can
28:17
have zooms and they're more engaged to do
28:19
that because they want to talk on the mobile . Who knows ?
28:21
maybe part of somebody's job description
28:24
at a certain level must
28:26
be to allocate time to
28:29
listen to perspective
28:31
yeah incoming suppliers
28:33
, because that then keeps
28:35
you informed , keeps you interested , and
28:38
it will eventually and I'm sure at some point you
28:40
do that , but maybe that needs to be part of the job description
28:42
is to say you must make sure you so
28:44
imagine , you know , in our very first
28:46
thing , at the start of the episode , I gave you an email info
28:49
at new supply .
28:50
Imagine if they said there's a number you call and
28:53
this is the prospective number that
28:55
you call if you want to try and sell us something . That'll
28:57
be answered by a professional buyer . I
29:00
wish you luck . Now we're talking and then you ring and you
29:02
go hi , what's your name ? My name is Mary and I buy
29:04
the stuff for this company . Okay , I'm selling training
29:06
. Okay , let's talk Brilliant , and
29:08
Mary would , at the end she'd either educate you and
29:10
say you know what you
29:12
? Let's have a meeting . I'll put you through to the operations
29:15
director . Imagine that a phone number
29:17
. Maybe we could create a business
29:19
where we offer companies we'll take their
29:21
incoming calls for them to sieve
29:23
through to find them the very best suppliers that
29:25
they aren't hearing from through
29:28
any other form of marketing .
29:29
It probably exists . There must be brokers who do that now
29:31
. Do you think so ?
29:33
Yeah , you call this guy . If you're looking to sell us yeast
29:36
, call this guy .
29:39
Well , again why you would want to buy that for your company
29:41
, unless you're a baking company .
29:43
I was thinking of bakery .
29:44
Or a brewer , in fact
29:46
. Anyway , well , thanks for listening . We'll see you on another
29:48
one soon , but in the meantime , I know you're
29:50
going to be listening to this through the spring
29:53
. Have a great one , and we will speak
29:55
to you soon bye bob
30:07
and jeremy's conflab the
30:12
reality podcast .
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