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Monday, 11 July 2016

#FIA16 Farnborough International Airshow and post Brexit Road Warriors


5 steps to take in Selling post Brexit vote

Photo: Christopher Short
Today is the opening of the Farnborough Airshow - the trade show. The public show is on Saturday.

This year's show is taking place in a post Brexit vote environment. What might this now mean for selling ?


"Whatever uncertainties our country faces, I want the message to go out loud and clear: the UK will continue to lead the world in both civil and defence aerospace,"
Current Prime Minister Mr Cameron said on the opening day of the Farnborough International Airshow.

The UK government will buy nine new marine patrol planes from Boeing in a decade-long deal worth £3bn.

The Ministry of Defence's deal for the submarine-hunting P-8A Poseidon aircraft also covers training, maintenance and support.

Boeing will build a new £100m facility for the planes at RAF Lossiemouth in Moray.

The US company will also deliver 50 Apache AH-64E attack helicopters to the British Army.
Boeing expects to create about 2,000 new UK jobs in the coming years by expanding its maintenance and support operations for both military and commercial customers in Europe.

Undeniably more selling and buying is done from a desk base nowadays. The telephone and Internet dominate work.
Conventional salespeople were sometimes referred to as ‘ Road warriors’ back in the day.

I guess there may be many who might argue in military ‘theatre of operations’ similarly that all future warfare will be fought by unmanned drone aircraft.

Wars will be (or are -for all I know) fought in a cyber space.

Still a need for 'Boots on the ground' in theatres of War and Field Salespeople in the theatres of Markets


As Afghanistan showed  conventional soldiering continued for example in 2009, a 24 year old lieutenant, of the Royal Regiment of Scotland was awarded the Military Cross for a bayonet charge whilst on a tour of duty in Afghanistan: after shooting one Taliban fighter dead Lieutenant Adamson had run out of ammunition when another enemy appeared. 

Adamson immediately charged the second Taliban fighter and bayoneted him. ( you don’t get more old tech or brave than that )
 The Airbus #A380 at Farnborough 2016
 Photo: Christopher Short

In peace time despite the availability of the most sophisticated forms of communication open to the world’s buyers  sales leaders there are still shows like Farnborough and selling done face to face.



Samples and Products must be shown Contracts have to be signed.








The Digital world itself thinks it’s necessary to use road warriors whether buyers or sellers to show or visit  conventional exhibitions.


We might not see many characters like Arthur Miller’s Willie Logan of 'Death of A Salesman' at Farnborough but maybe like, Mark Twain’s premature death announcement ,- the Death of the Road Warrior sales person is maybe ’ a little exaggerated.’


Related Links

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5 steps to take in Selling post Brexit vote





Wednesday, 29 June 2016

5 steps to take now in your selling after the Brexit vote

Well  the Brexit tube of toothpaste has been squeezed.  The Leave camp won.
 I was disappointed by my nation’s decision to leave the EU.

However I am a democrat and I have to accept as a member of the minority to bow to the decision of the majority of my nation
.
Now for the consequences
What’s done is done.

There is little point in trying to poke the toothpaste back into the tube.

As salespeople we have to regularly accept such similar defeats – we know as the song lyric goes that we must ‘pick ourselves up, dust ourselves down and start all over again.’

  For example we may disagree with decisions by our management, decisions by the ‘marketing’  on strategic direction,  production’s refusal to produce a ‘special’, finance’s  final say on margins ( or discounts)  etc. But we have to comply or else internal business anarchy takes place.

We are used, in other words, to accepting the minority position of Sales at power broking board level. ( The tension between serving the share holder , investors, stake holder etc versus the external customers)

The time for us to lick our wounds ( Remain) or gloat on our battle won ( Leave) is OVER
.
Let’s not dwell on Brexit but rather concentrate on staying competitive.

Our country is shell shocked in the aftermath of the EU referendum. We are grappling with the new reality .

However unpredictable the future may be, the worst thing to do now is dwell on the result on the referendum vote.

 Much like the pointless moaning about England’s soccer team being knocked out of the European Cup  in France  ( Congratulations  and well played to the Iceland team by the way) the English FA has now to look to the future ,plan for it and take action to the new tasks. The fans need to get over it now too. So likewise must we sales in the post referendum era.

The real risk is that the warnings of economic decline and predictions of the diminished role for the UK in the world and other doom mongering become self fulfilling prophecies.
Yet we should be in no doubt the consequences of this vote is a real game changer. So here are some initial suggestions

1. Time to keep calm – not to panic.

2. Think

3. Review

4. Communicate now with your customers and prospects- if you have not already

5. Avoid lack lustre treading water type messages of ‘no change here’, “ wait and see” but rather communicate positively how you will be:-

  • more competitive,
  • more flexible,
  • more creative,
  • more dynamic
  • more entrepreneurial
  • and more proactive.


Re-assure your customers that unlike certain Brexit politicians ( as it currently appears) we in selling do have a plan B  !   – we know the importance of contingency and how to support our clients in both good , tough  and uncertain times.

Whether the UK’s Brexit decision turns out to be a Pyrrhic victory for the Leave camp or a real one that is for the political historians to argue over, our role in Sales is to work to be part of the solution not part of the problem.

Whichever way you voted , now is the time to take up the strain again – and as sales and marketing profession it’s what we all will be doing.


Good selling in this ever changing world of new opportunities

Related Links

Minding your own business Leave or Remain





Tuesday, 7 June 2016

#TuesdayMotivation A Selling thought from Rumi



"Load the ship and set out.

No one knows for certain whether the vessel will sink or reach the harbour.

Cautious people say, "I'll do nothing until I can be sure".

Merchants know better. If you do nothing, you lose.

Don't be one of those merchants who wont risk the ocean.

Everyone is so afraid of death, but the real sufis just laugh:
nothing tyrannises their hearts.


What strikes the oyster shell does not damage the pearl."     Rumi

Monday, 6 June 2016

Brexit or Remain ? Mind your own business !

Back in the day, sales professionals were advised to avoid conversations with clients around topics like religion, politics and such like. Such subjects were likely to expose extremely held views and create a conversational climate unlikely to promote a helpful atmosphere of carrying out trade.


Across the beautiful River Itchen
( or perhaps might have well been

 the English  Channel
 in this house owner's view)
 in Winchester, Hampshire yesterday
The long campaign for the EU referendum has led to many angry arguments in the social environment  ( if dinner parties I have attended of late are to go by) let alone in the business arena.

I have met a number of folk of late who work for large multi-national organisations. They have taken out time to 'guide' their employees ( for the good of the firm) which way they should vote. Such guidance is not much appreciated by Brits and could lead to a bolshie  reaction .

Whichever way the country votes , one thing is for sure - if salespeople have not taken any proactive action already,  they will need to do so - one way or the other . 

For after June 23rd there can be no further treading water !

This is because the referendum is not just about us as individuals- but it's our customers and their customers, it is about our direct and indirect competition, it is about what to do in financial conditions in the short , medium and long term.


Contrary to the implications of spokespeople for both Brexiters and Remainers  or the bickering of blue-on-blue action-  no sales happen automatically in business. 

Nothing in business really happens before a sale is made. Buyers will still need to be persuaded. Negotiations will need active participants. Nothing in business sells itself-No product or service. Nor is selling and buying purely a rational logical undertaking.


Some may think There is not much emotion in business but there is a lot of business in emotion - that is why both sides have exploited ( perhaps over exploited) FUD - Fear , Uncertainty and Doubt in their campaign communications)

Salespeople need to concentrate on three action areas.

These are
  1. Protection
  2. Expansion 
  3. Development
1. You  need to protect your existing customer base. You will need to determine what effect in or out will have on their business, their customers, their competition

2. You will have to see where growth within your existing customer base will need to be achieved.

3. What NEW customers will need to be developed. Will new distributor lines be needed? Will the supply chain need to be altered ?

Directly after June 23rd , few other actions will be relevant.  




Related Links







Thursday, 2 June 2016

Sales decisions loom on BHS Austin Reed

This week sees two formally leading brand  names of the UK high street that are destined to disappear. They are Austin Reed and BHS.

 In the last decade we have lost many former champions of the British High Street such as Store names we have lost
Phone for U
Threshers Wine shop
Comet
MFI
Zavvi  formerly Virgin Megastore  )
Blockbuster Video
Borders Books
JJB sports
Woolworth

The imminent departures of BHS and Austin Reed  have  been picked over by the expert vultures of the business analyst community. I have held back quoting their real names, but the quotes are real enough. Take a look at the quotes below and you will recognise this week’s analysis clichés . reporters for the above failures ( and probably were) . The sad thing is that such quotes always brought out in the press at such times.

 I have put the words in bold type for those who are familiar with the key parts of the traditional marketing mix.

 “ .....retail experts say the firm has failed to keep pace with its competitors.”
"The company's (product) offer has been inconsistent, the ( product) ranges have been poor and the stores have looked rather tired ( merchandising)," said Mr X  business advisers XYZ.

"Perhaps most disappointingly, the website is not good enough by today's' standards ( technology)” said Mr Y of Baksete-Dryvas,  Hyndesite and Wyze -Arftarevent  Partners.
How are the mighty fallen? And their weapons of War defeated/depleted.

Came across this ad for Austin Reed in a concert
programme back in the day when I used to sing with 
the Royal Choral Society
Austin Reed started as a tailoring business in the City of London more than a century ago, selling off-the-rack suits which could pass muster as made to measure.
Austin Reed had a concession on the transatlantic liner, the Queen Elizabeth, and supplied clothing for special agents and resistance fighters during World War Two.


British Homes Stores first opened for business in Brixton, south London in 1928
Mary Portas Retail Guru focused her analysis on constantly re-imagining the Brand to keep in contact with your customer. It is worth listening to Portas because she reminds why these brands were once leaders and identifies where they may have lost their way in a changing market.

Back in the day at BHS

“The historical position of British Home Stores was a practical solution brand that was affordable and accessible. At its heart, BHS delivered good quality, decent items for people on a budget.  It always had a brilliant lighting department”

Change in shopping

Yet a retail business like British Home Stores needs to constantly re-imagine itself to connect to today’s consumer.

The way we shop today has changed, irreversibly.

The internet ( technology), international competition (competition), the recession (economy); all those things have made consumers really think about where they were spending their money. 

“Today, the consumer is absolutely king.”  Mary Portas

If we look back over the history of retailing, and the history of BHS, customer choices were limited.

Now, though, consumers can shop
where they want,
when they want – whatever time of day they want –
and pretty much at whatever budget they want.
To separate yourself from the pack, you have to be the best in practice (USP), whatever that means for your particular business.

That can be across different things:
the best fashion,
the best product,
the best price,
the best social experience,
the most desirable,
the most innovative
or simply the most wanted because you've got a brilliant brand.

Sadly, Mary Portas observes  British Home Stores was none of those.

What WAS right can now be WRONG

BHS was a national chain, so it was in the right towns, in the right places. But today that is not as significant.

Through the years, the retail world has changed in so many different ways; international brands coming in, competition firing up, and the internet has given people access to and knowledge of what is fashionable and where to buy it. There are also social media platforms that can make the small and niche big and powerful. There are new kids-on-the-block looking at innovative ways of connecting their businesses to consumers. There are young entrepreneurs, who are hungry – and creative.

Sadly, British Homes Stores didn’t change.

A ‘lick of paint’ is no longer enough!

It sort of smartened itself up a bit and thought that would be enough – and it wasn't.
BHS was a value retailer, it kept the right price, but lately it has just looked like the sad relation to Marks & Spencer.

If you are not part of the solution- you’ve gotta be part of the problem.

 Mary Portas gives some ideas of how she would have gone about things at BHS.

“If I had been at British Home Stores I would have looked at today’s market place and created a brand that is relevant for today’s shopper.” Mary Portas
I would have gone totally after the value market, but made it functional and cool.

I would have started with where it was good – the lighting. Then I would have extended that to become a modern British lifestyle retailer at a great price.

Who have got it right on the UK high street? Tiger, Uniglo Primark and Ikea

“Look at Tiger, which has come on to our high streets. It has done an extraordinary job of taking that basic fundamental market that was the old Woolies, and made it sexy.”

Imagine if British Home Stores’ ground floor was like Tiger, its fashion floor like Uniqlo or Primark and its home stuff like Ikea. Value with sex appeal all under one roof. Then add some small startups that are all young British makers or designers.

House them within a market place model and then you start a business with a point of view.
So, BHS is not the best value brand in town. It’s not the best homewares brand around. It’s not the best fashion at a good price in town. It hasn't got the best brand reputation. It’s not the sexiest and it’s not the most loved.

I don’t think we will miss what it is today. I think we will miss what it was at a time when it was relevant. And I think we will miss the fact that it wasn't made relevant. For great businesses like that it is all about the vision.

Lots of brands come back on to the market if they have been failing, and re-imagined themselves. Just look at Woolworths. What a tragedy it was when it went from our high street. But look at what has taken over that gap: the Pound shops. Woolworths when it started off – everything under one roof for a cent – was the first value, brilliant retailer. It let that go and that pound shop business is what Woolworths should have been today.


The great thing about great retailing is re-imagining your business in new landscapes. We have never had such changeable times. British Homes Stores was not re-imagined, and that is its problem.


(Mary Portas is founder of Portas, a creative communications agency that advises retailers the world over)

The BHS  downfall is a more significant collapse than Woolies, which was pushed over the edge by the recession. BHS is a similarly  tired brand, but one that appears to have died from under-investment.
If Next are struggling as is rumoured , what on earth must be going on in the less well-capitalised, less well-run, less IT-savvy businesses out there out there on the high street.
 Will see a number of other fashion chains collapse? 
Putting finance, administration / management and IT aside ( which of course you cannot !)

·        Past performance is no indicator of future performance in marketing.
·        What got you here won’t get you to where you want in the future, in marketing. 
·        Hope is not a strategy for marketing success.

Sunday, 29 May 2016

Brexit or Remain, Selling will have to deal with it.

Nothing really happens in business before a sale is made. This of course  an exaggeration but however the Referendum vote goes, salespeople will have an active role with the consequences.


Brexit the implications for selling

Britain’s salespeople, much like the country at large, are being assailed as to how we should decide how we should vote in the referendum on the UK’s membership of the EU on 23 rd June.










A survey of 278 British senior marketers, conducted by email provider Mailjet in March, found that 

31% believe leaving the EU  – would be good for their business.

42% say Brexit would not be advantageous for their company,

and 27% are unsure.



How the campaigns match up

The battle between the two sides in the EU referendum is as much a conflict of selling skills as it is a clash of ideas. 

The two officially designated campaigns in the debate – Britain Stronger in Europe on one side, and Vote Leave on the other – are competing for airtime and the attention of the public through a range of marketing tactics, not all of which have proved successful so far.

In their Public relations efforts to date,  both sides have courted controversy in their attempts to dominate the headlines.

Fear, Uncertainty and Doubt ( FUD) have featured in both campaigns .

Back in March, Vote Leave published a list of murders and rapes committed by 50 EU criminals in Britain –  criticised by the ‘remain’ side as “scaremongering”. Similarly, the pro-EU camp has generated publicity by promoting economic warnings about the dangers of leaving, but faces claims from the Brexit side that it is running an overly negative campaign labelled ‘Project Fear’.

The remain side, on the other hand, has the backing of the Government, which spent £9m on sending pro-EU leaflets to every UK household last month.

 This use of direct mail reflects the remain campaign’s desire to reach older voters, who polls suggest are more likely to be against the EU and more likely to vote.

Both campaigns came in for criticism at Advertising Week Europe last month. Lindsay Pattison, CEO of media agency Maxus, argued that neither side had made a significant impact on social media. 

“Britain Stronger in Europe has got something like 25,000 followers [on Twitter] and Vote Leave about 35,000,” she noted. “Both of those numbers are pretty pathetic.”

The outcome of the vote could have far-reaching consequences for how salespeople perform their jobs and engage with their  customers and prospects. The uncertainty created by the referendum is already having an effect on businesses.

Consumer confidence is 18 points lower than it was a year ago, according to the latest index by GfK, while a Deloitte survey reveals chief financial officers at FTSE 350 companies are delaying the recruitment of new staff and other internal investments until the vote is decided.


Whichever way the referendum vote goes it will be up to we salespeople to make the best of the situation for ourselves, our families, our businesses our customers and our country.


Related links

Lessons for Sales literature from election manifestos