Independents

Squirrel Spotting: Don’t Forget the ‘Sales’ in Salesperson

IndependentsMar 06, 2018

Squirrel Spotting: Don’t Forget the ‘Sales’ in Salesperson

Peter Smith shares a dozen tips meant for both new and experienced salespeople.

Peter Smith has more than 30 years of experience building wholesale and retail sales teams. He currently is president of Vibhor Gems.

Few people choose sales as a calling, and yet there are more than 8 million people making a living selling in retail, though often the selling part is more implied than realized.  
 
Our industry can be even more challenging because we tend to be forgiving of people who don’t do well with the selling part of the job. If salespeople are honest, pleasant and especially if they are easy to manage … Well, we can always hire a trainer or send them to a conference somewhere.  

Just about every book, blog and white paper I’ve read on the topic suggests that about 50 percent of people who make their living in sales should be doing something else for a living. In research for my book, “Hiring Squirrels,” we tested more than 700 salespeople over a five-year period and found that 58 percent of them should not be selling for a living.

Most of those folks were good, honest people who loved working in jewelry stores. They just don’t stress the selling part too much.

In her book “Grit, The Power of Passion and Perseverance,” Angela Duckworth wrote: “I could think of a lot of people who’d racked up decades of experience in their jobs but nevertheless seemed to stagnate at a middling level of competence. I’m sure you can, too. Think about it. Do you know anyone who’s been doing something for a long, long time—maybe their entire professional lives—and yet, the best you can say of their skill is that they’re pretty much OK and not bad enough to fire.”

Whether you fall into the 58 percent who are not wired for sales or the 42 percent who have the appropriate wiring, there are certain tenets that will help you to a better sales person.

Likewise, whether you have 10 or more years of experience, or if you’ve just started in retail sales, there are things that you can do to make a difference.

Jeff Haden, a writer for Inc. and one of the most-read contributors on LinkedIn, said it best in his new book, The Motivation Myth: “We all say we want to achieve things, but we don’t really want to achieve them unless we are willing to take the necessary steps to achieve what we say we want.”

If you would like to be a better salesperson, start by adopting the right mindset

and commit to taking the “necessary steps” to make it happen. It is a long and winding road, but here are a few thoughts to get you on your way.

1. Bring Your Best Attitude
The attitude that you bring to work is more important than all the training or experience in the world. If you love what you do, let it show. And one of the best ways to ensure that happens is to avoid negative people as if your life depends on it and be the best you possible. If you’re not happy, don’t bring a bad attitude to work; find another job.

2. Don’t Dwell on Yesterday
Sales is a today game. There are, of course, seeds to be planted and works in progress, but you’ve got to view each day as the first day of the rest of your life. Make it count, and don’t live off yesterday’s accomplishments or allow yesterday’s disappointments to define you. Have an action bias. Do something that will generate sales and accept that everything else is secondary to that goal. Far too many salespeople engage in busy work—easy on the eye and unrelated to making sales, the very lifeblood of every company.

3. Own Your Results
Someone, somewhere has got to have written a book of excuses (I think it would be a fun future column; feel free to send me yours.) Get it, read it and exorcise those demons. Excuse-making is tiresome and accomplishes nothing. No one cares if your manager is useless, or you think someone stole a sale from you. Make things happen and know that no one in the history of mankind has ever accomplished anything worthwhile without encountering some crap along the way. You’re a salesperson. Sell something.

4. Plant Seeds at Every Opportunity
Not every customer is going to buy from you today. We all know that. But give them the opportunity to do so. Believe that they will buy now and behave accordingly. At worst, make sure the experience is engaging enough for the customer that if he/she doesn’t buy today they will want to come back and buy from you in the future. Sales is a math game. The more effort you put into actually selling stuff, the more success you will enjoy.

5. Find Your Favorite Products
Identify your favorite products and take every opportunity to show them. If a customer is picking up a repair, an appraisal or buying something very small, show that customer one of your favorite pieces. Be energetic and be authentic, and that honest enthusiasm will translate to your customers. As expensive as it is to drive customers into your store, it is nothing short of criminal not to use every opportunity to engage customers.

6. Don’t Overwhelm with Options
If you haven’t heard of the paradox of choice, Google it. It means that the more choices you give a customer, the more difficult it is for him or her to make a buying decision. Ask the right open-ended questions. Listen. And then listen some more. Then present three options to the customer so that he or she feels like they have manageable options. If you find yourself showing too many products, you probably didn’t ask the right questions and listen enough.

7. Present Three Price Points
If your customer shared a desired price, let’s say $1,000, present them with three options (remember No. 6) at approximately $1,000, $1,500 and $2,000. This is called the contrast principle or anchoring. By showing the $1,000, you are letting the customer know that you heard when he or she offered that price range. The $2,000 option serves as an anchor. It is occasionally selected but, more often, sets up the middle price ($1,500) as the best, and most-often-picked, option.  

8. Quit Linking Value and Price
Weak salespeople often say that a given product or brand is too expensive. What they are really doing is spending from their own pockets and making excuses for the real work that they should be doing—understanding and passionately articulating the value proposition. If you do have the privilege of selling beautiful, well-made products, figure out what the value proposition is and tell that story authentically and unapologetically. If you are selling sub-standard products, you have my condolences. Poor quality is never a good value. Ever.

9. Mind Your Body Language
In a famous study on communication at UCLA, Albert Mehrabian concluded that our words account for 7 percent of what is communicated. Tone of voice is another 38 percent and physiology (body language) is a whopping 55 percent. So put a smile on your face, make sure your body language is open and welcoming, lean in to your customer, and use your hands to gesture and communicate. A study of the most popular TED Talks revealed that speakers who used their hands a lot to communicate rated much higher than those who did not, even when the content was very similar.

10. Ask for the Sale
I am not a fan of capital punishment, but I might be persuaded to make an exception for salespeople who think it is beneath them to ask the customer for the sale. When research participants are asked to list their biggest regrets, they indicate regrets of inaction over action by a more than two-to-one margin. Do you personally have regrets about things you could have bought but didn’t? Yep. Me too. Give the customer permission to buy by asking for the sale.

11. Listen
Ask open-ended questions and listen to what the customer is telling you. Listen to what the customer’s body language is communicating and listen for what he or she is not telling you. Don’t listen to further your agenda; listen to understand what the customer’s real motivation is, even if he or she can’t readily articulate that to you.

12. Study the Craft of Sales
We all agree that product knowledge is essential in our industry. BS’ing your way through your incompetence has a very short shelf life. However, having product knowledge does not make you a great salesperson. It makes you a knowledgeable salesperson. Practice the art of selling on a regular basis. Subscribe to blogs, read books, find relevant YouTube content and watch TED Talks on the art of sales. It is no coincidence that the very best salespeople, those whom one might think need sales training the least, are always looking to polish their technique and learn something new.  

This list is not intended to be comprehensive. Sales is ever-evolving and anyone who is serious about being great must also be committed to continually learning and challenging your own long-held perceptions.

I’d love to hear from you if you have something to contribute to this topic.

Peter Smith is president of Vibhor, a public speaker and author of “Sell Something” and “Hiring Squirrels.” He spent 30 years building sales teams in retail and wholesale and he can be contacted at dublinsmith@yahoo.com, peter@vibhorgems.com, or on LinkedIn, Facebook or Twitter.
Peter Smithis an industry consultant, speaker, and sales trainer, and author of three books, “Hiring Squirrels,” “Sell Something,” and “The Sales Minute.”

The Latest

FinancialsDec 06, 2022
Signet Anticipates Solid Holiday Season, Raises Guidance

The jewelry giant posted a decline in same-store sales in the third quarter but is gearing up for a season of growth.

TrendsDec 06, 2022
Pantone’s 2023 Color of the Year Is A Lot Like Rubellite, Spinel, Ruby

“Viva Magenta” easily finds its colored gemstone counterparts.

AuctionsDec 06, 2022
Jewels from the Sunken ‘Ship of Gold’ Smash Auction Estimates

Holabird Western Americana Collections offered hundreds of treasures recovered from the S.S. Central America in its Dec. 3 sale.

Brought to you by
How To Buy Colored Gemstones

Give your customers the full gemstone buying experience by using the 6C's.

ColumnistsDec 06, 2022
The Smart Lab: 6 Holiday Email Marketing Strategies To Boost Sales

From creating catchy subject lines to retargeting abandoned carts, Emmanuel Raheb has a half-dozen pieces of email marketing advice.

Weekly QuizDec 01, 2022
This Week’s Quiz
Test your knowledge of the latest jewelry news with this quick test.
Take the Quiz
TechnologyDec 05, 2022
Timex Ticks into the Metaverse with Bored Ape Yacht Club

The watch brand will create 500 custom timepieces for holders of Bored Ape Yacht Club NFTs.

EditorsDec 05, 2022
Meet Jewelry’s First TikTok Star

When it comes to translating luxury into the social media platform’s approachable style, JewelsWithJules has cracked the code.

Brought to you by
Knowledge and Skills for Today’s Hot Topics

From laboratory-grown diamonds to design to country-of-origin, GIA's Alumni Collective™ has a seminar to suite your needs.

Events & AwardsDec 05, 2022
WJA Foundation Awards Nearly $60K in Scholarships for 2022-2023

Scholarship winners received awards in six different categories.

SourcingDec 02, 2022
Alrosa CEO Sergey Ivanov to Step Down, Report Says

According to Russian news sources, the sanctioned head of the diamond company is leaving to take a job with an investment group.

SourcingDec 02, 2022
Lucapa Sells 170-Carat Pink Diamond Unearthed This Summer

Said to be the largest pink diamond found in hundreds of years, “The Lulo Rose” was sold for an undisclosed sum.

AuctionsDec 02, 2022
Here’s How 2 Royal Jewels Performed at Auction in Denmark

A princess’s tiara fell within its pre-sale estimate while an Art Deco bracelet from a queen doubled it.

CollectionsDec 02, 2022
Piece of the Week: Foundrae’s Chain

A closer look at the bold links reveals a subtle, surprising detail.

Supplier BulletinDec 01, 2022
Take Your Jewelry Design Process Digital with the GIA Alumni Collective™

Sponsored by GIA Alumni Collective™

WatchesDec 01, 2022
Rolex to Certify Pre-Owned Watches

Retailers within its official distribution network will be able to sell the authenticated timepieces.

CollectionsDec 01, 2022
Kendra Scott’s New Collection is for Barbie Girls

The capsule collection combines the brand’s classic styles with Barbie’s signature pink color.

AuctionsDec 01, 2022
13-Carat Pink Diamond Withdrawn From Christie’s Auction

The auction house is not offering any details on why the fancy vivid pink stone was pulled from its upcoming “Magnificent Jewels” sale.

SourcingDec 01, 2022
Nomad’s Is Selling Its Stones to Raise Money for Ukraine Again

In the spirit of an advent calendar, “Gems to Help Ukraine” will sell a stone a day through Dec. 24 on the Nomad’s Instagram account.

GradingDec 01, 2022
PhotoScribe Granted Patent for Method that Verifies a Stone’s Identification

The secure mark combines an overt mark with a covert data set to provide assurance on a gem.

SurveysNov 30, 2022
5 Things Retailers Should Know About the Start to the Holiday Season

Plus, what a potential rail strike would mean for retailers.

WatchesNov 30, 2022
Watchfinder & Co. Will Launch a Marketplace Next Year

It will provide a place for select luxury watch retailers to sell their stock.

MajorsNov 30, 2022
Pomellato Buys Into Italian Goldsmith

The brand has purchased a minority stake in Costanzo & Rizzetto.

SourcingNov 30, 2022
Firestone Restarts Operations of Lesotho Diamond Mine

Liqhobong has been in a care-and-maintenance period since the start of the pandemic.

MajorsNov 29, 2022
LVMH Acquires Jewelry Manufacturer Pedemonte Group

The strategic acquisition will bolster the luxury titan’s production capacity in its watch and jewelry division.

CollectionsNov 29, 2022
Alex and Ani Founder Carolyn Rafaelian Has Launched a Fine Jewelry Line

The new brand, Metal Alchemist, focuses on unisex, classic jewelry designs.

IndependentsNov 29, 2022
Reinhold Jewelers’ Holiday Book Is an Ode to an Important Beverage

The 2022 edition of the retailer’s annual publication pays homage to the coffee farms and shops of Puerto Rico.

CollectionsNov 29, 2022
Gabriel & Co.’s ‘Fashion Book’ Is Out

Not a catalog, the magazine is a tool for Gabriel & Co. retailers to connect with their customers.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy