Selling is Not Cheating
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About this ebook
Selling does not mean blabbering unnecessarily to win some debate. The concept of selling a comb to a bald man is a bad example. Solving a customer's problem is selling, not selling a dream they know will never come true.
People start organisations with a dream and often do not prepare for the sales aspect of the business. Many assume that good products sell on their own or products with maximum features combined with a low price are a recipe for success and get shocked when these theories don't work. So, how do you survive and grow?
Most management books emphasise and have case studies of successful mega-organizations with exceptional talent, deep pockets, and a legacy of success. However, countless small and medium-sized businesses lack access to such resources. How can these businesses thrive and grow?
The book "Selling IS Not Cheating" should help.
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Selling is Not Cheating - Manojit Majumdar
SELLING IS NOT CHEATING
Sales is Strategy, Skills, Pricing, Marketing, and Ethics
MANOJIT MAJUMDAR
This book is dedicated to my mother, Anjali Majumdar, my wife, Debleena Majumdar, and to all those who played an essential role in my professional journey of sales – Diwakar Nigam, TS Varadarajan, Jim McCain, Jyothi Satyanathan, Mohan Joshi, Margo Robertson, Sriram Rajan, Sudhir Saxena, Hemant Kumar, Anil Menon, Satish Kaushal, and MK Bharatee.
Table of Contents
Introduction ________________________________________01
What comes to your mind when you think of sales or selling? Why does a negative attitude about sales as a career exist? How does that impact business?
❖ Chapter 1________________________________________08
› Why Selling is Not about Blabbering
The concept of selling a comb to a bald man is a bad example. Selling means solving a problem for which the customer would be willing to spend money
❖ Chapter 2________________________________________19
› Welcome to the World of Sales
One can compare sales with fishing. You decide if you want to fish in the pond or if you want to grow big and go fishing in the blue ocean. Both have their advantages and disadvantages.
❖ Chapter 3________________________________________38
› The Seven Golden Rules
The book has identified seven rules that all small and medium-sized organisations should follow to succeed and grow. Most know about them but not follow them; hence, they do not follow and struggle.
❖ Chapter 4________________________________________52
› From Oblivion to Nirvana
Sales is such a vast subject that one can feel lost. They assume that good products sell on their own or products with maximum features combined with a low price are a recipe for success and get shocked when these theories don't work. So, how do you survive and grow?
❖ Chapter 5________________________________________65
› Trash the Management Books
Most management books are written with a western point of view. Most examples are of successful, mega organisations with the most competent people working for them. In real life, the brightest minds may not be working for small and medium-sized business houses that are millions in number. How will these organisations then grow?
❖ Chapter 6________________________________________83
› Sales is an Art and a Science
Why is Emotional Quotient important? There are things you can practice and improve based on the systems and processes you define, and there are things you will learn with experience and exposure.
❖ Chapter 7________________________________________92
› Accept Change and Adapt
Whether its invasion by the armies from other regions or entry of foreign organisations in the PC market, we did not prepare well and lost. This can happen to any business in any country. Wake up and smell the coffee before it is too late.
❖ Chapter 8________________________________________101
› Unlocking Growth
What you should work on to start growing the business. This chapter should help create that short list of activities an organisation needs to focus on and prepare themselves to help them succeed.
❖ Chapter 9________________________________________107
› Affordable Pricing and Sales Cycle
There is a science and an art to pricing. Many good products cannot make it big because of pricing. Small and mid-size organisations keep struggling and keep losing sales or losing revenue. So how do you tame the wild beast called pricing?
❖ Chapter 10_______________________________________118
› Stop Thinking Outside the Box
In India, people keep improvising on an everyday basis to survive. We call it ‘jugaad’ or ‘quick fix’. This does cause even more significant problems many a time and does not promote quality in the first go. Customers lose trust. Perceived value drops. What next?
❖ Chapter 11_______________________________________126
› Build the War Machine
If sales is a war, then prepare for it. The basics start from the structure of the team. The systematic approach to making your team battle-ready is a must. Start calling a spade a spade and prepare for the big battle. Soon, there will be no place to hide, no logic to justify.
❖ Chapter 12_______________________________________154
› Build the Strategy
Do not expect every salesperson to define their strategy. Have an organisation-wide plan and return to the drawing board annually to adapt to the market's changing needs.
❖ Chapter 13_______________________________________176
› Make Some Noise and Become Visible
Once you have the team, make noise, and let the world know you exist. Many organisations behave as if their existence is confidential. As a result, you don't get enough customers to visit or sell.
❖ Chapter 14_______________________________________191
› Be Ethical
Customers do not like to get cheated. A loyal customer base is the best response against competition. It cements your relationship and helps you grow even when competing against the most hostile competition. How do we build that customer base?
❖ Chapter 15_______________________________________199
› What is Your Story
A good story can help build trust with customers. By sharing the human elements behind a brand, such as the people and values that drive it, customers are more likely to view the brand as trustworthy and relatable.
❖ Chapter 16_______________________________________204
› Sales Closure and Happy Customers
Closing a deal is also an art. The process is the same whether you have a sale in 40 seconds or 40 months. The speed varies. Are you preparing your team for this?
❖ Chapter 17_______________________________________221
› Diversity in Sales Team
Research proves that diversity helps in driving more profit. Not just gender diversity, you need to hire people of different origins, too. Diversity helps your team better, even in international business.
❖ Chapter 18_______________________________________226
› Going Global
India is among the most challenging markets for selling your products and services. It is also one of the most diverse markets. Once you hone your skills here, start exploring the world with a few tips to enter the global market.
❖ Chapter 19_______________________________________240
› Stressful Life Versus Peaceful Life
Will you be alive to enjoy what you have created? Work hard without killing yourself.
Annexure____________________________________________245
Acknowledgements__________________________________246
About the Author____________________________________247
INTRODUCTION
I have spent more than 35 years in sales. It all started in college with working as a sales promotion person, going from door to door, standing in shopping areas, talking to people, and taking feedback about popular cigarette brands. The most thrilling experience was working on weekends at the Delhi Race Club selling tickets at the triple nomination counter. Strangely, many used to wait at my window to buy tickets as they thought I was lucky. Sales are influenced by superstition and beliefs based on what your heart tells you. Datapoints do not always work.
After completing my education, I worked with multiple organisations in different parts of the country and the USA, managing branch offices or country sales operations. I worked for small start-ups like ELX Linux and big giants like IBM, and attempted my own business as well. Now I know how naïve I was. I worked hard when I should have worked smart. So, all the things that I should have known to simplify life and achieve much more with the same resources available to me then have been written down here, for easy reference. Even now, I see organisations which have the potential of becoming billion-dollar firms, struggle to reach US$100,000. For them, every day is a struggle for they have no clue why they are struggling and unable to grow. This book is meant for them.
Sales jobs made me travel across the home country and 40 others worldwide. I met thousands of customers and learned about hundreds of organisations during my business interactions or visiting friends and colleagues at their workplace. We spent many evenings discussing business, organisational culture, and why fundamental and simple things weren't implemented in organisations.
I have seen and lived the life of a salesperson for a long time, hence the desire to write this book, to help people understand what they should and should not do in sales. Business depends on multiple things; however, sales and activities related to sales play a huge role in making a business successful.
When it comes to sales, the most important and also the most common thing I found was people’s stereotypical perception about a salesperson, and how profoundly it impacts business. More than 10,000 MSME’s[1] closed shop in 2022-23. One of the critical reasons is that they could not sell what they had. So, the question is, why the sales team could not deliver? What went wrong?
When someone says he is a salesperson, what comes to your mind? What kind of person can this person be? The usual thought process is that this person is manipulative, talks too much, and will try to sell something, whether you need it or not. Hence, people avoid them if possible.
When customers have a negative perception, they only buy when and until they have no other option. The day they get a choice, they will go for the alternative, even by paying a higher price.
The impact of this negative perception is that it makes the selling job difficult for the frontline sales team of lesser-known brand names, even if they have not done anything wrong personally. At the same time, because it is acceptable socially and professionally in most organisations, that one has to sell by hook or crook, the salesperson develops the habit of twisting facts and misrepresenting them to make selling easy. When customers start using the product, they realise that what they were sold and what they thought they were buying were two different things. They become unhappy and dissatisfied. In many cases they stop using it or recommending it to other potential buyers. This is one of the reasons why millions of organisations cannot grow beyond a certain size and struggle to survive.
Failure to bring recurring business is not always because of poor salesmanship, there can be many reasons for it. It can be because of poor quality or unsatisfactory delivery of products or neglect in after sales solutions as well. Do an honest review if you want to win.
During Covid-19, a medical company saw a huge potential for manufacturing thermometers and pulse Oximeters. So, they quickly established a small manufacturing unit to this end. When they got the first lot, one of the quality check employees pointed out that the equipment measurements were not always correct. The business owner himself decided to have a look. He struggled with it for a minute and got the reading, which was correct. In every five attempts, it failed twice.
The owner was not interested in delaying the shipment when there was a huge demand in the market. They worked out a lower cost and shipped the material. The medical stores were desperate for materials and started stocking and selling. Soon, negative feedback started coming. The owner, however, was busy counting the inflow of money and not much bothered about the loss of business from some medical shops.
Slowly, the negative feedback started impacting sales. The company had close to two years of good revenue and did nothing to resolve the problem. When their business started dropping, they blamed the sales team. They only started working on the product issue when the revenue came to a near standstill. Meanwhile, even with a corrected system, the teams struggled to sell in the face of a longstanding negative image in the market. The company’s very survival stands at risk if the trend continues.
The same is true for many other products. In many cases, 95% of the work done is excellent, but that balance of 5% becomes a showstopper. When we do not bother, it creates a vacuum for a better alternative to come and fill the gap.
The previous illustration is one of the major reasons why reputable MNCs who enter the market and charge a premium for the product or service they offer, even in a price-sensitive market, are able to sweep the market and become market leaders. We keep blaming customers that they buy anything imported and do not pay the legitimate price for a homegrown product. We refuse to accept our mistakes, hence we don’t learn from our failures and the cycle continues.
We have been doing this too often and for too long. There is a need for self-reflection now. It is high time someone showed us the mirror, and without ridiculing the mirror for bad looks, let's accept and attempt to improve. This book should help small and mid-sized business houses to improve. It will help those in the leadership position look at the blind side and take necessary corrective steps.
After the second wave of COVID-19, many business organisations' problems grew, which can mean business closure. Owners come under stress and, many a time, give up on life and not just their business. As per the National Crime Records Bureau's latest report, 12,055 business people committed suicide in 2021.
What compels them to take such a drastic step? Is there something wrong that we refuse to accept? We get blinded by our creation's love and refuse to look at our faults. The customers may not complain but do not come back. Businesses should learn to identify that these are the clues they need to work on—the clues telling you to relook at your product.
Many multinationals are looking at India for high growth, which can also be seen in the rising of the stock market with investment from overseas. They are hugely impressed by this country's GDP growth and growing middle class. While many developed countries are heading towards near recession, India is growing. The global giants are heading towards this country to do more business. Strong internal consumption is one big reason.
The global heads of 10 large multibillion-dollar companies are optimistic about India and the prospect of doing business in India[2].
Tim Cook, CEO Apple, says, ‘India is an incredibly exciting market...there are a lot of people coming in from the middle class. I feel that India is at a tipping point.’
Alan Jope, CEO Unilever, says, ‘Hindustan Unilever is the jewel in Unilever's crown.’
James Quincey, CEO The Coca-Cola Company, says, ‘India's economy remains resilient, with a strong job market and robust consumption.’
If the success of big MNCs in India is one side of the reality, the other side, as per a study by the Economic Times, is that 51% of the employees working in the top 24 unicorn start-ups are looking for jobs[3]. Ten out of the top 24 unicorns have laid off people since 2022. As per the Mpower workplace survey 2023[4], nearly 48% of corporate employees are struggling with mental health issues, with female employees at higher risk than male peers. Read the writing on the wall and take steps to control the situation.
Why are the Indian success stories struggling? Organisations start with a dream, and somewhere down the line, the dream does not become a reality. It becomes a nightmare for many. We falter when we ignore the first few warning signals. When customers test your product and don't buy it, check what you are missing. Check the product and sales strategy when customers buy once and do not return for repeat business. It could be that the sales team is not reaching out to the customers or has no promotion schemes to entice the existing users.
When we ignore the initial warning signals, it becomes a tsunami. All our subsequent best efforts then struggle to make even a feeble mark, forget creating an impact. So, don't wait too long.
In India, growth and managing growth is one big issue. Therefore, we will discuss growth first, and then the other aspects. For growth, you need sales. Selling is about building trust with customers and partners. Having a good product alone will never do the magic. It would work when you have a strong sales team to sell. It is also about building the product's perceived value in the customer's mind. The customer needs to trust the company and not just the product. It helps customers make positive decisions. Trust needs to be earned.
When people see your product or read about your services, again and again, they develop a liking. Become visible using social media, print media, or any other means available. This fact frequently came up in our discussions that how selling for an Indian company is such a struggle compared to working for an established global player. One simple reason was that no one knew about the product or service the lesser-known companies were selling. The products and solutions had near-zero visibility among potential customers. Building trust with the buyers was utterly dependent on the salesperson, which made creating trust even more difficult. Customers who do not trust the organisation do not like entertaining the salesperson.
When organisations do not spend money on building a solid sales and marketing team, and do not work to build brand trust, selling becomes difficult, and dependence on individual skills and connections becomes more important. When personal relationships do not give them the desired result, they struggle to generate revenue, and then, they start getting worried. Ironically, they still do not attempt to build a strong sales team or an effective sales strategy. Yes, individuals working on their own relying on their personal charisma can help the business grow, but it is a bad strategy. When the person goes away, the business starts slowing down.
You need a good sales strategy to grow your business.
Many entrepreneurs start a business without working on the sales plan first. Sales is not about hiring a two-person team to sell who will go out individually to meet a few customers without a complete support system to help them succeed. The organisation's culture, the product's quality, the need for the product in the marketplace, the marketing support, the distribution network, the vision of the organisation, and many more things impact sales. So, do not think of sales in isolation. Think of it as a part of the body, and a body part will only function effectively when the overall body is healthy and in good shape.
In the upcoming chapters, we'll delve deeper into the sales world vis-à-vis all the facts and issues that plague it. This book will provide practical strategies and guidance for achieving sustainable growth.
Let's discuss sales.
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Selling does not mean blabbering unnecessarily to win some debate. The concept of selling a comb to a bald man is a bad story and a worse example. Selling means solving a customer’s problem for which they would be willing to spend money and not selling a dream they know can never be true. The desire to become an instant success, or to achieve success at any cost is the kind of thought process that makes salespeople commit things they should not. Getting customer acceptance takes time and needs investment of patience.
Need for customer support and acceptance
If you are selling a product that needs your technical support or help desk team's assistance to make it work every time, you do not have a good product. The product should work independently based on a simple user manual if needed. I have seen organisations justifying why the customer is at fault, and that because of the customer's lack of understanding, the product has failed. Sales teams fail if your product needs constant help and guidance to work. In such cases, the salesperson uses his communication skills to cover up for the lousy finish. It is a bad start which should be avoided under all circumstances.
Even if you are selling a life-saving product, it doesn't guarantee customer acceptance. Organisations get into business believing that what they are selling will have a considerable market demand based on the global demand for such products and solutions. Consequently, since in some way, their offering is unique, they will have a definite advantage. They believe that the primary thing they need to work on is lower pricing, or in some cases, their superior craftsmanship will help them get a premium. Such innocent thoughts can be disturbing. They join the market with much confidence, and then reality hits them when they don't sell enough to survive the first few years. The brave ones with deep pockets do hang on, hoping for a revival.
There are 2,75,000 registered mid-sized and small enterprises in India with a revenue of US $1 million to US $30 million, and they have the potential to grow provided they can create a blueprint of growth. Many businesses struggle to grow because they refuse to rethink how they operate. They keep wondering why they are not able to sell. A product will sell based on the perceived value of the product or solution and your team's motivation to sell.
The importance of perceived value
Let us take the example of the stent market for heart patients and the artificial skin market for burn patients to understand