Episode Transcript
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0:01
In this podcast, I've shown you
0:03
all kinds of personalities that have
0:05
been very, very successful at sales.
0:08
I think what we can take
0:10
from this is that style is
0:13
a personal thing. We all
0:15
have our own style, and we
0:18
should work on our style
0:20
to become better, more
0:22
acceptable, more engaging with
0:25
our marketplace. One
0:28
of these characteristics is likability.
0:32
Likeability is
0:34
kind of the old school view of
0:36
how we looked at sales. That, oh,
0:39
that person's very likable. It's a people
0:41
person. But
0:43
I think there's more power to it than
0:45
that, meaning that it's
0:48
not enough to rely solely
0:50
on that. Certainly
0:52
in the last few years, a lot
0:54
of people have put down that
0:57
part of the selling
0:59
process. It really should
1:02
be based solely on value and
1:04
compelling reasons. But
1:07
we still need to talk to people. A
1:10
lot of the things that we sell are
1:13
easily viewed as commodities. Here's
1:17
the secret. Everyone wants
1:19
to view everything as a
1:21
commodity. Otherwise, they don't
1:23
get any power. This is
1:25
the topic we're going to be talking about today. You
1:29
may say to yourself, well, that's
1:31
not my style, but
1:33
we all have a quotient
1:36
of likability. Some of us are
1:39
less likable than others. If
1:43
we were more likable, wouldn't
1:45
we be more successful, make
1:47
more money, have more
1:49
people want to talk with us instead
1:51
of just having to talk
1:53
with us? Because
1:56
logically, we view sales as a
1:58
transaction. But when
2:00
you have to work with somebody over
2:02
a reasonably long period of time, get
2:05
to know them, ask
2:07
them for help, trust them, likability
2:11
becomes important.
2:14
And I don't think we should focus solely
2:16
on it, of course, but
2:18
I don't think we should ignore it either. Let's
2:21
get into this interview. And before
2:23
I do, I want to make sure you
2:26
understand the 10,000 hour rule. Now
2:29
in sales, it might be
2:31
the 20,000 hour rule. This
2:36
rule was made popular in
2:38
Malcolm Gladwell's book Outliers, which
2:40
is a fantastic book. I
2:42
highly recommend it. You may
2:45
not agree with everything, but it's very
2:47
well written and entertaining. But
2:49
the premise is that anyone
2:53
can become reasonably good at
2:55
something after 10,000 hours
2:58
of dedicated practice. Now
3:02
people misunderstand, or
3:04
they don't want to hear the word dedicated,
3:06
so they don't hear it. You
3:09
need to hear it because it's not
3:11
just doing something for 10,000 hours. So
3:14
that's essentially five years at
3:17
40 hours a week, which
3:21
is a reasonable expectation. Most
3:24
of the time, hiring managers, including
3:27
me, looked for five years of
3:29
experience for
3:31
obvious reasons. Now how
3:34
do we get those hours but the
3:36
dedicated practice? That's the hard part. That's
3:39
why a lot of people never get
3:41
10,000 hours. They
3:45
get two or three
3:47
thousand hours repeated over and over again
3:49
with no dedication to becoming
3:52
better at it. The dedication part
3:55
is planning for it,
3:59
doing it. reviewing it,
4:02
understanding where
4:04
you were good and where you need room
4:06
for improvement. Now, okay,
4:09
you can do that on your own if
4:11
you are, you know,
4:14
reasonably dedicated
4:16
and disciplined with it. But
4:20
today, you can do
4:22
it with brevitypitch.com. Now,
4:25
it's not just for cold calling. And
4:28
it's really for any time you're
4:30
interacting with another human
4:33
being. Now, we haven't
4:35
done this in the past because
4:37
the only interactions were revenue, very
4:40
expensive way of doing it on
4:43
the income loss category.
4:46
But today, we can do it
4:48
with AI. But it
4:51
feels, sounds, and acts like
4:54
a human because it's based off
4:56
of real humans. It's
4:59
amazing. What you want to
5:01
do is grab your manager and sign up
5:03
and get a demo. It's not expensive. And
5:06
it's well worth it. Pays for itself within a week
5:08
or two. Because you get
5:11
yourself talking the
5:14
dedicated part of the practice in
5:18
your head. It's nice. I get
5:20
it. I do it all the time. But then you open your mouth and you
5:23
realize, well, maybe I should have practiced verbally.
5:25
Because it's just a different part of
5:29
the brain. And the
5:32
moments, the precious moments that
5:34
we get with a client, if we're
5:36
not ready, we're not rehearsed,
5:39
we're not practiced,
5:43
you're essentially practicing with your income,
5:45
right then and there. And
5:48
if it goes well, you get paid. But
5:50
if it doesn't, you
5:54
know what happens. Let's get into the interview.
5:56
I'll sum it up at the end. Here we go. Hey,
6:05
Audrey, thanks for joining us today. It's a way of getting started.
6:07
Give us a little background on yourself. Oh,
6:09
goodness. Okay. So I actually
6:12
do not come from a sales
6:14
background. I have worked
6:16
in the hospitality and travel industry for
6:18
the last 20 years, 20
6:20
plus years. I
6:22
was a corporate travel agent. I worked for an airline.
6:26
And then I took my time pretending I wanted to
6:28
be a stay-at-home mom for a little bit, realized
6:30
that was not actually for me. I love my
6:32
children, but I also love to work. So
6:36
I found this little startup
6:38
company on Craigslist 12, almost
6:41
13 years ago that was
6:43
just getting started. It was looking for someone
6:45
to do customer service for a hotel rewards
6:47
program. And I was like, I could do
6:49
that. So
6:51
I joined Stash Hotel Rewards, which is
6:54
the company that I work for. Joined
6:57
them 12 and a half years ago
6:59
and did a lot of the customer
7:02
service side. So it kind of built
7:04
up the member support team over those
7:06
years and the operation side. And then
7:08
in COVID, I started
7:10
kind of helping in the sales
7:12
team because we had kind of
7:14
downsized as everyone did,
7:17
right, in the industry. And
7:20
I just had a weird
7:22
way of like, our CEO saw something in
7:24
me that he was like, you could do
7:26
this. And I was like, I do not
7:28
do sales. I am not a salesperson. I
7:31
don't like salespeople. Like,
7:33
I can't do this. But
7:36
he goes, no, it's not about selling, right? It's
7:38
about personality. It's about being able to talk to
7:40
people. And I never understood that. And
7:42
so I said, I humored him. I was like, yeah,
7:44
sure. Okay, I'll send some emails. I'll prospect a
7:46
little. I'll do, you know. And here I
7:48
am. Four years later, head
7:51
of our entire sales department here at Stash.
7:54
The accidental salesperson. The accident.
7:57
Honestly, it's so funny because he'll...
8:00
I'll see you, Jeff, we'll tell you if you saw it
8:02
all along. But I will tell you there are still
8:04
days to come like, how is this my job? How
8:06
do I do? I don't know. I went from
8:09
kind of behind the scenes to in
8:11
front of the camera, but it's been a
8:13
wild ride. It's been really, really fun. So
8:15
I'm definitely not the person that said
8:18
I want to be a salesperson and got a
8:20
business degree and went right into it. I followed
8:22
a very different path that got me here. What
8:25
was your perception of what selling was
8:27
about before you did it? I
8:32
think if you're not, well, even if you are in sales,
8:35
I think you have this perception of like, sales
8:37
people are kind of slimy, right? Like they're looking
8:39
for these different, I mean, honestly, like I, every
8:41
time I think of salespeople, I'm like, oh, it's
8:44
like a car salesman, right? You're like, or we
8:46
all get emails where
8:49
you can tell it's like a bot, right? I
8:52
am the polar opposite of that. In fact,
8:54
like I have never sent a
8:56
template of email even. I am, I
8:58
custom everything. I did that in customer
9:00
service too, because I just feel like
9:02
salespeople get this raffle like, I
9:04
gotta hit a quota. I've got to get this many
9:06
things out. I've got to sell this many cars. I've
9:09
got to, whatever it is. And
9:11
that they lose a personal part of it. And
9:14
so my approach was the opposite, right? Which was,
9:16
well, I want them to know I'm a real
9:18
person. So my opinion of them was
9:21
like, well, I just want
9:23
to be the opposite of the experiences that I've
9:25
had. But then
9:27
I also, once I got into
9:29
sales, realized there's a lot of
9:31
amazing salespeople that really aren't selling.
9:34
They are promoting, they are engaging
9:37
with people and getting them to understand their
9:39
product or their company or whatever that is.
9:42
And so I kind of learned from that as I was
9:44
going along too, but yeah, I
9:47
don't know. I had a very tainted view of it only
9:49
because I had never done it. I had done like, I
9:52
had sold like Tupperware one time. In my
9:54
twenties, I did Mary Kay. But
9:56
those types of companies were definitely, I was like,
9:58
oh, I'm not good at this. I can't do
10:00
this, you know, not the same. Not at
10:02
all. Well, I think a
10:04
lot of people even have that perception more
10:06
on the customer side than the sales side.
10:09
True. But, you know, I've
10:12
been in this my whole life
10:15
and those people don't
10:17
succeed. Not in business to business. Right.
10:20
B2C, you can get
10:22
away with it because it's a short transaction.
10:25
Right. People come to you,
10:27
they're looking for something and
10:30
the person knows that if you don't sell it
10:32
right then and now, it's over.
10:34
You're losing. Yeah. Yeah.
10:37
Yeah. It is interesting. In
10:41
the B2B space, it's you're creating a
10:43
relationship. That's how I look at it.
10:45
Right. So if you look at
10:47
sales, especially in what we do, right, we
10:49
are, Stash is a network of independent hotels.
10:52
So we only work with highly rated,
10:54
fully independent hotels. We are
10:57
their rewards program. So essentially, like
10:59
the Marriott Bonvoy, but for highly rated
11:01
independent hotels. And so for us, we
11:04
are creating a network. We have 310
11:06
partner hotels throughout North America that come
11:08
to us. They join our program for
11:10
different reasons. Some are looking for, you
11:12
know, helping shift away from OTAs. Some
11:15
are looking for, you know, more direct
11:17
bookings, exposure, marketing, whatever it might be.
11:19
But every one of them is kind
11:21
of looking for a network. And there
11:23
are other products out there that you
11:25
can join that do similar things, but
11:28
they don't really promote themselves as like
11:30
a family. We truly promote ourselves as
11:32
yes, we have over 300 hotels, but
11:34
you're going to get one of us every time you
11:36
need somebody. You're going, you're not going to get a,
11:38
you know, a chat bot or a call center. I
11:41
stay very close to all of my hotels
11:44
that I reach out to that I meet
11:46
with that I bring into the program. Yes,
11:48
I pass them off to our amazing like
11:50
partner advocates, our account managers, but I'm always
11:52
there too. And so it's, we create sort
11:54
of a family, like an ecosystem where you're
11:57
not just another customer for us, even if even
11:59
as we continue to grow. And I think that
12:01
makes a huge difference too. And
12:04
what parts of the service and
12:06
support experience helped and
12:08
what parts hurt? Okay,
12:11
so I laugh a lot because I,
12:14
I, I
12:16
mean, I worked for an airline like frontline in
12:19
my early twenties, like
12:21
18 to 23. I
12:24
worked frontline customer service
12:26
gate agent, right? Like nice people. Oh
12:29
my gosh. The stories I could tell you, I had
12:31
a frozen turkey thrown at me one time. A woman,
12:33
that was me. That was right. Yeah,
12:36
this woman tried to bring her turkey. She said it
12:39
was for support animal and she wanted
12:41
it to have its feet. And when I would not
12:43
let her, she threw it at me. I could
12:46
tell you, but that's the thing is it's almost like
12:48
it gave me the thick skin. And then when I
12:50
came into, you know, for it was,
12:52
everything is obviously like we're remote, right? Our,
12:54
we have, we have phone lines, but most
12:56
of it, our customer service is behind
12:58
a computer. And I was like, gosh, this
13:01
is nothing compared to being in front of a customer. It's
13:03
not at you. Right. And so
13:05
what we did with stash was like, we made
13:08
it so you always get a response within 24
13:10
hours. It is always a real person. It is,
13:12
you know, you need something, you're going to get
13:14
probably the same person when you call back or
13:16
write back. And so I always
13:18
told our team and what I've always done
13:20
is no, no cut
13:23
and paste, like make it personal. And so
13:25
that helps me because then when
13:27
I came into the sales side and I
13:29
realized that it's not about just
13:31
generating because the first thing I said was
13:33
I don't want to turn into like a
13:35
sales bot. I don't want to
13:37
take this list and plug it into a,
13:40
into a tool and shoot out the same
13:42
email that just, you know, had
13:44
the name, the name of it.
13:46
Right. Yeah. And how many of
13:49
those do you get where they
13:51
forget to do it? And it
13:53
says, it doesn't matter. It's capitalized
13:55
or yeah. And it's so easy
13:57
to spot. And my biggest thing is like I do have
13:59
ever. anyone to think that they got a bot
14:01
email. And so what it, you know, that basically
14:04
gave me the tools to say, okay, this
14:07
can be done without having to
14:09
do templates and bots and
14:12
canned responses, right? It needs to be
14:14
authentic because in customer service, if you're
14:16
not authentic, people read right through that,
14:18
right? They know when they're getting canned
14:20
response. But it's the same thing in
14:22
sales. Like I, we have a company
14:24
that we work with that manages a
14:26
bunch of boutique hotels in Utah and
14:28
Southwestern Utah. And he told the
14:31
CEO of that company, I had reached out to him
14:33
about a year and a half ago. I started
14:36
seeing their name pop up and I was
14:38
like, gosh, all these really cool properties I
14:40
never heard of. And he told me that
14:42
like, he actually copied our CEO and said,
14:44
you know, I get a ton of emails
14:46
every day of sales emails of companies reaching
14:48
out to me. And he goes, I rarely
14:50
ever respond. But when Audrey came through, it
14:52
was, she had like, she knew who we
14:54
were. She knew the people on my team.
14:57
She was very authentic in
14:59
her email as far as like, things
15:01
about our company. She done
15:03
her research. And so I realized she was
15:05
a real person and we have had a partnership with
15:07
them for the last year and a half. They have
15:09
like 10 properties in our program.
15:11
So it's that kind of a
15:13
relationship that you, I mean, I have some
15:15
hoteliers that text me and we chat. Like
15:17
I know their kid's birthday. So it's just
15:19
really important to create a relationship before you
15:21
even try to sell to
15:23
them. So it sounds
15:25
like the support. I was going to say
15:27
that it does it itself, right? It just works itself out.
15:30
Yeah. That you care. Yeah.
15:33
And that builds trust. You care about
15:35
what they want to accomplish. Right.
15:38
Yep. Absolutely. And
15:40
I think it helps too, having, you know, coming
15:42
into them and saying, I've been with
15:45
this company since it was a
15:47
tiny little office in downtown Seattle that we
15:49
were all working crazy hours and trying to
15:51
figure out next steps. And we had big
15:53
ebbs and flows over the last 14 years.
15:56
And so it helps when they know, like,
15:59
you know, I. been here 13 of
16:02
those 14 years. I've seen, you know, so
16:04
that kind of gets their trust also that
16:06
like I'm not just somebody who was hired
16:08
six months ago to come
16:10
in and try to get your hotel to
16:12
join our program. I actually know the ins
16:15
and outs of it and I know it works
16:17
and I've been here a long time which makes
16:19
you realize that that is a good place to be.
16:21
And how much
16:23
do you get inbound versus outbound? We
16:27
are primarily, I mean
16:29
it's probably, it's definitely less than a third. We
16:32
do get a lot of inbounds but the difference
16:34
is is that we only work with really
16:36
highly rated fully
16:38
independent. Everyone's all will get
16:40
hotels that come in that are not fully
16:42
independent, they might be franchised. Also they
16:45
might be just not up
16:47
to our company standards and so we
16:49
get a bunch of those but they don't
16:51
really pan out. But I
16:54
would say more than two-thirds of our business
16:56
is outbound. So there is a lot of researching,
16:59
prospecting, knowing your territories, knowing every,
17:02
we call it Hotel Jeopardy where,
17:04
you know, if you
17:07
tell me a city, yeah, if you tell me a city
17:09
I need to know like I should
17:12
know everyone there. If you find a hotel I don't
17:14
know then you'll, I owe you five dollars. Like that's
17:16
what we do. So it's just important to know the
17:18
market. You got to know what works, what doesn't, and
17:21
you know what hotels would
17:24
be good for us, what hotels have told us no thank
17:26
you. So we do
17:28
a lot, a lot of it is outbound for sure
17:30
which is really different for some people because
17:32
we've had sales, you know, sales
17:34
team members over the years that have
17:37
primarily done inbound sales selling
17:39
and it's a hard, I
17:41
mean again I don't, I never did any of
17:43
it. So to me outbound sales makes sense but
17:47
to some that's a harder thing to wrap your head around
17:49
because it takes a lot more work. And
17:52
who do you want to talk to at
17:54
the hotel? We
17:57
are primarily looking for decision-makers so Oftentimes
18:00
we'll start- Unusual. Right?
18:03
I mean, sometimes though it's funny because we kind
18:05
of have to, we try to, there's
18:08
a lot of hotels that are owned by, either
18:10
owned or managed by big companies, right? And getting
18:12
to the big companies is difficult. So
18:14
you want to start kind of at the hotel level,
18:17
get hotel buy in where they can then go to
18:19
the big guys and say, hey, we
18:21
think this makes a lot of sense for our property.
18:23
And sometimes it makes sense for one property and portfolio
18:26
and not for another, which is fine, right?
18:28
That's just how it goes. We
18:30
are looking for, a lot of times we're looking
18:33
for general managers, but honestly, some of the biggest
18:35
key decision makers are director of sales and marketing
18:37
because they are promoting the hotel and we're
18:39
going to promote your hotel. So it's important to have
18:41
their buy in. And then revenue, revenue managers
18:43
is another big one because they are the ones
18:46
looking at pricing and OTA share and all
18:48
of those different things that we come in
18:50
and can help with. You
18:52
know, SASH members tend to book higher
18:54
ADR than even your other direct guests.
18:56
And so it's important to get the
18:58
buy in of those, making those revenue
19:00
decisions. And how many
19:02
already have a program or belong to another
19:04
program? So you
19:06
can have a lot of hotels, especially
19:08
independence will try to do their own
19:10
loyalty program. And sometimes it's not
19:12
usually a points thing. It's usually
19:16
like, if you book direct, you get
19:18
free parking or you get extra benefits
19:20
on property. Right. And so
19:22
we come in and play perfectly with
19:24
that because we are just the point side.
19:27
Right. A lot of our
19:29
hotels will try something and then they'll come to us because
19:31
we have a larger network
19:33
of hotels. And so
19:35
it's, you know, when you're offering points at just
19:37
your hotel, that people can only use those points at your
19:40
hotel. It's not quite as it doesn't
19:43
grab a traveler's interest as much.
19:45
So a lot of times we
19:47
can play with their own type
19:49
of amenity program. But otherwise, it's
19:51
usually they're starting from scratch and they're like,
19:53
we want something but we don't know what
19:55
and it's hard to create it. We've tried
19:57
hand us your network. So that's been kind of the
19:59
business. at the time that they come to us. Where they find
20:01
other things, and it hasn't worked, and then they come. How
20:04
do you make money? Is it an upfront payment? Is
20:06
it a rev share? We
20:09
are paid by the points
20:11
that our hotels award members.
20:13
So when you, if you're a stash member
20:15
and you stay at a stash partner hotel, you
20:18
get five points per dollar on your room revenue
20:20
if you book direct. So okay, bookings, you never
20:22
get points. If you
20:25
book direct, you get those five points per dollar at
20:27
the end of the month. We invoice our partner hotels
20:29
for whatever points they awarded
20:31
stash members that month. So
20:34
that's where we get paid. And it's so funny, because
20:36
oftentimes I'll go through an entire sales presentation, and someone
20:38
will go, I still don't understand how you guys get
20:40
paid. And I'm like, oh, all right. Because it's,
20:43
because we don't charge. You're like, we don't
20:45
do upfront fees. We don't have integration costs.
20:47
We integrate with 40, 50
20:50
different PMS and CRS systems, and we don't
20:52
charge integration fees. So people often
20:54
get lost, and they're like, wait a minute.
20:56
So it's the point cost. And there's
20:58
like a points minimum per month, but
21:01
that's essentially just the points that they're awarding.
21:04
So that makes it a lot easier to get in. Right,
21:07
it's very simple. We also don't have like,
21:09
we don't do crazy contracts. We've got
21:11
three year agreements. COVID taught us a
21:13
lot about the industry. I think that's
21:15
just overall with anything, but people
21:19
don't want long contracts. None of us do
21:21
as a consumer or as a business. Nobody
21:23
wants to be locked into a 20 year
21:26
contest agreement. Right, or
21:28
whatever your cell phone agreement. So
21:31
we got rid of those. So we asked
21:33
our partners to give us a year because
21:35
it's hospitality, it adds and flows. But then
21:37
we just had a rolling agreement after that.
21:39
We never, again, we never want people to
21:41
feel locked in, which is another thing in
21:43
sales that I've noticed is there
21:45
is a lot of apprehension to that. And it
21:47
didn't used to be as much, but in the
21:49
last 18 months or so, you see
21:51
a lot of hotels going, we're a little, first
21:54
of all, tell us what your terms are. Like
21:56
upfront, they want to know, like tell me I'm
21:58
not locked into 10 years. Cause more. programs like
22:00
if you go and you brand to a Marriott or Hilton,
22:03
those are like 20, 30 year agreements.
22:06
We're like, no, no, no, no, no, we
22:08
won't do that to you. We always want to make
22:10
sure it's working. That's the other thing. I don't want
22:12
to sell you a product and
22:14
then have it not work. And that's, you know,
22:16
the other reason we got rid of upfront fees
22:18
is who wants to pay something before they know
22:20
if it's going to work for them? So
22:23
we, yeah, again, we learned a lot in COVID, which
22:25
was just, that's not really the way we want to
22:27
do it. We don't want to nickel and dime and
22:29
we want people to trust that it's going
22:31
to work and that we stand behind that. And
22:34
can those individual hotels make that
22:36
commitment without getting approval from home
22:38
office? Sometimes. So
22:40
we actually work with a lot of owner
22:43
operator hotels, which is like standalone independence that
22:45
are owned by the person who's running them
22:47
or by the family that, you know, those
22:49
are our bread and better. The people who
22:52
can make the decisions at the hotel level,
22:54
I would say 65% of
22:57
our network is like that. Of our
22:59
other hotels that are branded or not branded,
23:01
sorry, but managed by a larger company, it
23:04
depends. So some of them can make
23:06
their own decisions at the property level.
23:08
And that is definitely what we are
23:10
after because they are the ones that
23:13
understand what the hotel needs oftentimes. Sometimes
23:16
it has to go to the, to the
23:18
corporate level. But often
23:20
we have a lot of hotels that are part of
23:22
corporate management companies that have joined. And
23:25
where does the sale stall? I'm sure the
23:27
first call goes pretty well. Yeah,
23:30
it does. So I will say the
23:32
hardest part is getting, sometimes it's getting
23:34
them to talk to you, right? And
23:37
making sure they know you're a real person and
23:40
sorry, you know, and I, everybody jokes
23:42
at, you know, in our company because
23:44
my emails are so dorky. I honestly,
23:48
I mean, half the time, like our CEO the other day was
23:50
like, telling everybody, he goes, I was
23:52
copying on an email from Audrey and she was
23:55
talking about the weather with this,
23:57
this hotel you're in San Francisco. And we
23:59
had just had this. massive rain up here.
24:01
Like my back there was flooding. It's Seattle
24:03
so that's not weird that it rained but
24:05
it forked like three days. And San Francisco,
24:07
California just had all that rain. So we're
24:09
going back and forth about our row boats
24:12
down the road because our lawns are flooding
24:14
and he's like I don't know how she
24:16
does this but somehow it's not annoying. Like
24:18
somehow it's like engaging to them and these
24:20
people did this big hotel here they're going
24:22
back and forth about their row boats down
24:24
the street in the rain you know and then they
24:26
ended up joining the program and so where
24:29
I think it falls the most is getting
24:31
their attention making sure they know I'm real.
24:33
And then when we do our presentations we
24:35
sometimes we cram a lot of information in
24:37
where we're getting better at that but I
24:39
also think if you don't send really
24:42
concise follow-up meaning here's the slide deck we talked
24:44
about but here is broken down like here is
24:47
what you get here is what we offer here
24:49
is what our network is if you don't bullet
24:51
that out I have a template that I even
24:53
use it's like the only thing I do a
24:55
template with is making sure that I at least
24:57
hit those points when I follow up because if
25:00
you don't have all that information when you listen
25:02
to me talk for an hour and I talk
25:04
fast as you can help and
25:06
I'm passionate about it too so I'm always you know
25:08
there's a lot going on in that hour you're not
25:10
gonna absorb at all so if I present to you
25:13
and then just send you a quick thanks so much
25:15
here's the deck let me know if you have questions
25:18
it gets lost so you have
25:20
to give those points of like what are your
25:22
questions let me try to hit them up and
25:24
I also like to write notes as I'm talking
25:26
when they people get stuck on certain parts I
25:29
make myself notes to like put
25:31
that in my follow-up like really dive into
25:33
that part so that they aren't lost I'm
25:36
like well I'll get back to this because
25:38
I didn't really understand it that's
25:40
what I don't want and but
25:44
how do you create urgency because you
25:46
they don't have it or it's new
25:48
it's change Because
26:00
I don't, like I tell my team, I'm like, we
26:03
don't want to be the people that are like, well, if you
26:05
sign by the end of this month, we'll do this for free.
26:07
You know, I can't stand that type of selling. But
26:10
that is how you create urgency, right? It's
26:12
like online. Yeah, when you're online shopping and
26:14
a thing pops up that says, check
26:17
out now and save 10%, you're like, well, I
26:20
better check it out now. So some saved
26:22
10% 10 whole percent. So we
26:24
go back and forth a lot on what
26:26
can we offer to certain properties that, you
26:29
know, that we know
26:31
would be perfect, that we know we're interested, but it's going
26:33
to take a little bit more to get them fully on
26:35
board, or it's going to take a little more time. We
26:37
do a lot of incentives on, you know, if you if
26:39
you join with us by this certain time, we give you
26:41
free points up front so that you can go win a
26:44
group or meeting with those points. Sometimes
26:46
there are incentives along the way in the onboarding
26:48
process. So that and it's actually funny, but where
26:51
we sometimes get solved the most is the hotel
26:53
has already come on board and then they're in
26:55
the onboarding process. Our onboarding is
26:57
really simple. But hotels are
26:59
busy, like, sometimes they're running the hotel, right?
27:01
So do they attend always do it? So
27:04
we do actually a lot more incentives in
27:06
the onboarding process than we do closing the
27:08
sale. There are times we throw
27:10
things in. But again, I'm
27:12
always weary of being the one that's like, hi,
27:15
it's me again. If you sign this month,
27:17
I will do you know, because that just feels like
27:19
I really need your business versus I
27:21
want your business. Your
27:24
main competitors like what hotels.com
27:27
the online aggregators? So
27:30
we while we have a booking engine
27:32
on our site, which
27:34
we actually our booking engine is
27:36
integrated into all of our partners systems. And
27:38
so we don't charge them anything on those. So we're
27:41
not an OTA because we don't charge anything. Our
27:43
biggest competitors, honestly, it's like Marriott,
27:45
Bond, Boyce and Hilton honors preferred,
27:48
which is another independent
27:50
luxury resort collection. Those
27:52
kinds of programs are where
27:54
we see our competition. And
27:58
is it a revenue generator for the board? them because
28:00
they get repeat business? Yeah,
28:02
so we have 1.2 million
28:04
members throughout primarily in North
28:07
America, primarily in the US.
28:09
They are, so Cornell actually
28:11
did a study on our member database.
28:13
They listed all of our member information
28:15
for over a 15-month period.
28:17
They were able to determine that when
28:19
a guest enrolled in SASH, they stayed
28:22
and spent almost 50% more. So that's
28:26
huge because again,
28:28
when you are a standalone hotel
28:30
without a loyalty program, yes,
28:32
people love your hotel because it's independent,
28:35
it's unique, but they're not getting anything
28:37
for their money and oftentimes, independents are
28:39
a little bit pricier sometimes depending on
28:41
the market. And so if you're
28:43
not offering them anything, you might
28:46
lose them, right? They're not totally loyal to
28:48
your hotel. So when you're not only the
28:50
best hotel on the block, but you also
28:53
give points, guests are going to
28:55
come back and that's what the Cornell study proved.
28:57
Also our members tend to skew a little bit
28:59
older, a little bit higher income earning and they're
29:01
less price-sensitive. Independent hotel lovers
29:05
are usually not concerned
29:08
as much about the cost as they
29:10
are about the experience. So you
29:12
know, we have 1.2 guests who
29:15
love independent hotels. So when a hotel joins
29:17
us, I'm like, hey, we will
29:19
shout you out to our network of people who
29:21
are looking exactly for your property. And so
29:23
that right there will generate revenue. And
29:26
I got to believe you could use
29:28
that revenue reason as a way to
29:31
create urgency. True. You know what, one
29:33
way we create urgency, and I actually just talked to
29:35
a hotel the other day about this, is a
29:37
lot of our hotels have, well all hotels
29:40
have shoulders, most have a busy and a
29:42
slow season, right? But we have a lot
29:44
that are seasonal. So they're gearing up
29:46
right now for summer. And
29:49
if you're in a destination like near a national
29:51
park or in a summer travel destination, we talked
29:53
to a hotel the other day in Ocean City,
29:55
Maryland. I'm like, okay, well you're busy time, you're
29:58
four months of busy is coming. So
30:00
if it takes us 30 to 45 days to onboard, if we
30:02
start now, you're onboard, you're in our
30:07
marketing emails by mid April,
30:10
and then you are exposed to all of
30:12
our members in that area right as they're
30:14
starting to book their summer trips from Memorial
30:16
to Labor Day. So sometimes hotels come
30:19
to us in like June,
30:21
and we're like, well, we can get you onboard
30:23
as fast as you want, but your busy season
30:25
right now is tomorrow. It's tomorrow,
30:27
right. And so that's another
30:29
reason why we ask for a review because I'm like,
30:31
listen, we'll get you onboard. But when your traffic
30:33
dies down in August or September, yes,
30:35
we can help with filling midweek and shoulder season
30:38
and things like that, because a lot of our
30:40
members will do drive market to redeem their points
30:42
in that time. But you just
30:44
missed our prime time. So give us a year
30:46
and next summer, you're going to see how all
30:49
those guests know about you, they've been hearing about
30:51
you for the last nine months and they come
30:53
back. But this is the sweet spot right
30:55
now. February, March is oftentimes when we talk
30:58
to hotels in leisure destinations
31:00
and we're like, okay, this is it. This is
31:02
the time. Don't stall. So that
31:04
actually is a really good one that I didn't even think
31:06
about that that that's what we do. Sometimes
31:08
it's looking at the seasonality. On
31:11
your prospecting as well, because you
31:14
can't prospect them in July and August
31:16
because they're booked. And they're too
31:18
busy. Like they we actually
31:20
our team, so we travel most
31:23
of the year, our team will sort of travel
31:25
around to different markets. We don't really travel in
31:27
the summer because going to a
31:30
hotel in San Diego in July, no
31:34
GM or dress for sales is going to want to sit down
31:36
for an hour with you, right? They are running around. They
31:39
are busy. Their team is full staff, right?
31:42
So it's going to them in
31:44
January and saying, hi, you have
31:46
time now? Yes. Okay,
31:48
great. So yeah, that's a big thing
31:51
on prospecting is also knowing another reason
31:53
why our whole thing is you've got
31:55
to know your markets, right? So we
31:57
all are, you know, our markets are
31:59
divided up to where. kind of where we live so
32:01
that we are a, able to get there easily
32:03
if we need to, but also we know the
32:05
seasonality. We know the trends of that market and
32:07
if you don't, you need to learn it so
32:09
that you know when you should be approaching
32:11
these hotels. Because if you go, if you're banging on the
32:14
doors in summer season and they're not talking to you and
32:16
you're like, I don't know why they're not talking to me.
32:19
Well, no, you will next year when
32:21
you've been here a while. What
32:25
surprised you about sales
32:27
that you really love?
32:29
I love it. I don't know even
32:31
know how it's, there's something about like hunting
32:35
hotels. It sounds so
32:38
cheesy but like there are times I just open
32:40
a Google map on my browser and I
32:42
pick a state in my territory
32:44
and I do hotels and
32:46
I just start clicking and most of them are not
32:48
ones we can work with. A lot of them are
32:50
brands but it's like every once in a while you
32:53
find one you've never heard of and it's like Christmas
32:55
morning. You're like, oh my gosh or
32:57
you know I find I have these different websites and
32:59
blogs I follow. I have Google
33:01
Alert set for boutique hotels and you
33:04
get these, grant these ones that you you
33:06
know just have never heard of and it's
33:09
honestly so exciting because then you get to
33:11
go down the rabbit hole of who owns
33:13
it, who manages it, who and it's just
33:15
this fun, it's just as high that I
33:17
love. It's something that completely surprised me because
33:19
I'm, if you would have asked me four
33:21
years ago I would have laughed in your face that this is what
33:23
I was doing. That surprised
33:26
me also just the fact, I
33:29
mean my kids have always told me I could talk to
33:31
a wall right like I am that mom, I
33:33
am that mom that in the line and it feels
33:36
like you're talking to a wall.
33:38
Right yeah probably yeah it does. I
33:40
have teenage girls come on. But
33:43
I'm the one who can make friends in the line at
33:45
you know the restaurant or a Disneyland
33:47
or in an airport or on an
33:49
airplane. My husband laughed
33:51
because we went on a trip a couple weeks
33:53
ago and there was this baby behind us cried
33:55
the whole time and I felt so bad for
33:57
the mom. She was, you could tell
33:59
first time, mom first-time airplane ride, it was just
34:01
absolutely terrible. So I bought her a drink and
34:03
said, I know this is weird, can I take
34:05
your baby from you for a minute? Took
34:08
her baby and walked with it. And
34:10
she was sweating and I was like, have
34:12
a drink? Take it away. I
34:14
can't run away with your baby, we're on an
34:16
airplane. I was like, and I walked up and down.
34:19
My husband was like, I mean, this is adorable, but
34:21
also this is totally you. You
34:23
would become friends with anybody. And so part
34:26
of the whole sales thing is just, I
34:29
didn't realize the relationship side of
34:31
it. I didn't realize how I
34:33
would be creating these long standing
34:36
relationships and friendships with people
34:39
in an industry that I have worked in
34:41
in a long time, but haven't excelled in
34:44
or had any sort of status in. So
34:47
that part has been really fun. And
34:49
has this always been your personality? Is it
34:51
something that you developed or? Oh
34:54
yeah, yeah, I'm allowed to talk to them, I talk
34:56
a lot. Yeah,
35:00
I. What people would think
35:02
is a salesperson out. Very
35:04
friendly, outgoing, precarious. Yeah,
35:06
and it was funny because I was behind the
35:09
scenes doing it for a long time. But I
35:11
also think that just my
35:13
life changes. I turned 40 this year
35:15
and I feel like who
35:18
I was at 20 and 30, also
35:20
raising little kids, I could have
35:22
never stepped out of my comfort zone
35:25
and done this type of job 10 years
35:27
ago. 20 years ago.
35:29
A lot of what I did built me up
35:31
to this point as far as talking to people
35:33
and solving problems and coming
35:35
up with solutions. And I never
35:38
saw it taking the path that it
35:40
has. But
35:42
it's just, I know I
35:44
can't imagine doing anything else. Hey,
35:47
I really appreciate your time today. Where can people go to connect
35:49
and follow you? So
35:51
connect with me on LinkedIn, it's Audrey Yates
35:54
with Stash Hotel Rewards. And
35:57
we have a LinkedIn page as well. Otherwise our
35:59
website is just. If you're a hotelier,
36:01
there's a whole hotelier's page as well. Now
36:08
support, I've always had mixed feelings
36:10
about being a great area for
36:13
developing salespeople because once
36:16
you have the service mindset, it's
36:18
hard to have the negotiation
36:21
skills, the asking
36:24
hard questions, but
36:26
some people have made that leap. I
36:30
think it's helpful because they have
36:32
that empathy of the person
36:34
who's trying to do it. They've
36:37
seen the fringe cases. See,
36:40
like sales enablement and marketing, they teach
36:42
us the kind of ideal
36:45
case, the
36:47
easy case, the inbound
36:49
case, the
36:53
people who get it case,
36:55
the repeat revenue situation.
36:58
Then those are all nice and
37:00
if you have them, congratulations, they're
37:02
a lot easier than the fringe
37:04
cases. But
37:06
if you're doing cold outbound, it's
37:09
mostly fringe cases, which
37:11
means you're kind of bridging
37:15
where the client is to where they
37:17
could be if they use the product.
37:21
But is there any
37:23
interest, pain, active pain to really
37:26
build off of? Hard
37:28
to tell. I
37:31
think you get a lot out of this
37:33
interview. Now if you want to become more
37:35
likable, here's what I did.
37:39
I always would greet people
37:41
with a big smile and
37:43
what I found was that
37:45
was, it's kind of like the defroster
37:47
in your car. As soon as you turn it
37:49
on, the windshield kind of clarifies
37:52
and you can see through
37:54
it. Because a smile,
37:57
it's innate essentially, meaning
37:59
when it's someone sees someone else
38:01
smile, it's contagious. They need to
38:03
smile. And when you do
38:05
smile, you're kind of igniting your
38:08
physiology to be in a happy
38:10
mood. And then I
38:12
studied likable people,
38:15
comedians, late-night
38:17
show hosts.
38:20
And I would see like, why
38:22
are they likable? How do I
38:25
integrate that? It's kind of a
38:27
playful personality
38:29
characteristic. It's
38:31
not comedian so much. It's not always
38:36
trying to make people laugh, but it's trying
38:39
to make light of
38:41
serious situations, to be a
38:44
little less serious about them,
38:47
but without making it cavalier. It's
38:51
important to be likable. A
38:53
lot of people say it isn't. Well,
38:56
you know, if you are
38:58
likable, you know how powerful it is. If you're
39:00
not likable, you're going to make up for it
39:02
in a lot of different ways. And you can.
39:04
There's all kinds of mixes of personalities
39:06
out there. But
39:09
at the end of the day, you
39:11
want people to want to talk
39:13
with you. Otherwise,
39:16
you have to create a situation of
39:18
them, situation where they have to talk
39:20
with you. You
39:23
want to do both if you can, but one's
39:25
a whole lot harder than the other. Now,
39:29
how's your pipeline looking? Do
39:32
you have enough meetings? Are you getting into
39:34
the accounts that you want to? I've
39:38
got this course that's insanely effective
39:40
called Start the Conversation, Get the
39:42
Meeting. So to get into
39:44
those hard to get into accounts,
39:46
start the conversation with those executives.
39:49
And it's not spam, sending
39:51
your pitch. It's not about a better
39:53
pitch because you could spend the
39:56
rest of your life coming up with a better
39:58
pitch and it's not going to be as a
40:00
effective as this. Because
40:02
for pitch to work, somebody has
40:04
to be open to
40:06
reading it, understanding it, and
40:09
applying it to them. That's
40:11
a lot to get done in an email, and
40:14
that's why it's not that effective. Especially
40:17
when they get 50 of them an
40:19
hour. Pretty much is
40:21
what executives are getting today. But
40:25
nobody's really talking about what I'm talking
40:27
about. Now are they? Why?
40:29
Because it's counterintuitive.
40:32
Because it requires experience.
40:35
Because it's not based off of logic. It's
40:38
based off of innate
40:40
emotions. There's not ours.
40:44
Ours are pitch, pitch, pitch, pitch,
40:46
pitch. Who's interested? It's not working. I
40:48
got to do more, more, more, more, more. The
40:51
days of making up for a lack of
40:53
skill and sales with volume are over.
40:57
We got the volume thing
40:59
down. Okay, we had email
41:02
automation. Now we've got AI on
41:04
top of it. And
41:07
now we've got mechanical things
41:09
to find out people's cell
41:12
phone numbers. We can text them and
41:15
really destroy the relationship before it's
41:17
even started. What
41:20
we've tried to do for the
41:22
last ever is
41:24
replace talent with technology. And
41:28
it works for a
41:30
tiny window until everyone starts
41:32
doing it. And the problem is
41:34
everyone's been doing it for 15
41:36
years. And
41:39
I've kind of predicted peak
41:41
email about seven years ago.
41:43
I was
41:45
probably a little too optimistic.
41:49
And you see today, because now
41:51
spam folders, anything that's
41:53
coming from the spam cannons is
41:55
naturally going into the spam folders.
41:59
And so you think you're emailing somebody, you're
42:01
emailing their spam folder. How do you
42:03
get away from that? We
42:05
gotta connect with people. That's why
42:07
we hired salespeople, not
42:10
sales AI. Anyone
42:12
can send spam. You know
42:14
how well it's working. If
42:17
it's working, stick with it. If it's
42:19
not, give this a shot. Because
42:22
connecting with another human being is
42:24
why we're in sales. And
42:26
that's how the magic happens. It
42:30
takes a little bit of talent. A little
42:32
bit, but the talent is learnable. If
42:36
you really wanna become great at sales, invest a
42:38
little bit of your time, a year maybe, and
42:42
get good at it. Dig
42:44
deep into it. It's not
42:46
a tip or trick. It's a talent. And
42:50
you have to develop it. Go
42:52
to b2brevenue.com, invest
42:54
in yourself, and
42:56
recapture some of that lost income.
43:00
Just think about how much you lost last quarter. 10,
43:03
20, 50, $100,000 in lost income, simply
43:09
because it wasn't
43:12
there. You can blame the
43:14
pipeline marketing, but you
43:17
go to the next company, you're gonna be the same thing.
43:21
It's still gonna be you. And the only
43:23
way for you to make more money is become
43:25
a better you. Go to
43:28
b2brevenue.com, sign up today. We'll see you
43:30
next time.
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