• Flipping The Duck - Sales Influence Podcast - SIP
    Oct 16 2025
    Sales Process Complexity

    B2B sales processes are inherently chaotic and non-linear due to changing decision makers, reference points, and company types, requiring salespeople to be highly adaptable.

    Key Sales Skills

    Effective salespeople must possess high levels of empathy quotient, product quotient, and persuasion quotient to navigate complex sales environments successfully.

    Salespeople need to multitask between empathy, education, and persuasion in a circular pattern, adapting to buyers' needs and preferences throughout the sales process.

    Sales Approach

    The ability to jump between three cues (empathy, education, persuasion) in response to buyer needs is crucial for success in chaotic sales environments.

    Customer Understanding

    A high empathy quotient enables salespeople to understand buyer needs, while a strong product quotient allows for effective education about offerings, and a developed persuasion quotient helps in framing offers and gaining commitment.

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    11 mins
  • What Do You Like Best? - Sales Influence Podcast - SIP 595
    Oct 14 2025
    Positive Framing

    Positive questions like "What do you like best?" can shift customer focus to favorable aspects of a product or service, increasing the likelihood of positive feedback.

    Using loaded questions strategically can guide customers to consider the benefits and strengths of a product, potentially leading to more favorable responses.

    Customer Engagement

    Open-ended questions encourage customers to provide detailed, qualitative feedback, offering deeper insights into their preferences and experiences.

    Implementing follow-up questions helps narrow down responses to the most significant positive aspects, providing more targeted and actionable feedback.

    Feedback Utilization

    Customer testimonials derived from positive feedback can be repurposed into effective sales pitches, highlighting real-world benefits and user satisfaction to potential clients.

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    9 mins
  • Channel Switching Problem - Sales Influence Podcast - SIP 594
    Oct 7 2025
    Cost and Impact of Channel Switching
    1. Channel switching can lead to significant financial losses, with an insurance company saving $141,000 per 500,000 calls by getting just 2 out of 10 customers to self-serve on their website.

    2. A conservative estimate suggests that a company with an average deal size of $10,000 could lose $120,000 per year in revenue due to a website that's difficult to navigate.
    Customer Experience and Behavior
    1. Customers switching between multiple channels (website, chat, phone, email, Skype) to find information or resolve issues leads to increased frustration and lost business.

    2. Funneling customers quickly to the information they need on a website, making it easy to find and quick to access, can reduce channel switching and increase sales.
    Sales Strategy
    1. Reducing customer effort in finding information increases the likelihood of them reaching out to buy, potentially boosting conversion rates and revenue.
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    9 mins
  • Commission Versus Quota - Sales Influence Podcast - SIP 593
    Sep 30 2025
    Compensation Strategy
    1. 💰 Compensation plans directly influence salesperson behavior, with effective plans tying quotas to pocketbook to motivate salespeople to hit numbers and grow the company.

    2. 📊 Quota-based commission plans can be designed to provide a bonus for exceeding quota, motivating salespeople to push beyond their targets.
    Psychological Factors
    1. 🧠 Commission plans should be designed with psychological considerations in mind, as they significantly impact salesperson behavior and motivation.
    Performance Drivers
    1. 📈 Commission tied to quota motivates salespeople to hit their numbers, offering a higher percentage of sales revenue when meeting or exceeding quota.

    2. 🎯 When salespeople aren't meeting quotas, the primary issue is often the compensation plan, not sales training, as it fails to provide adequate motivation.
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    10 mins
  • The Golden Bookshelf - Sales Influence Podcast - SIP 592
    Sep 24 2025
    Reading Strategies
    1. 📚 Only 8% of people read non-fiction business books, while the remaining 92% miss out on introducing new ideas and insights.

    2. 🏆 Implement the "100-page rule" to overcome reading hurdles: read the first 100 pages and decide whether to continue or donate the book to Goodwill.
    Information Extraction
    1. 🖊️ Mark up books with tags, underlines, and circles to highlight key information, then rescan to capture an additional 5-10% retention.
    Book Management
    1. 🧹 Maintain a "Golden Bookshelf" by regularly purging books and keeping only the best of the best.
    Categorization
    1. 📊 Organize books into three categories: sales, influence and persuasion, and AI for efficient reference and learning.
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    12 mins
  • Guiding, Not Telling Customers - Sales Influence Podcast - SIP 591
    Sep 18 2025
    Customer Decision-Making

    🛒 Guiding customers through choices rather than telling them what to buy leads to a more effective sales experience and increased likelihood of purchase.

    🧠 Paralysis by analysis occurs when customers face too many options, as demonstrated by a Stanford study showing only 3% approached a table with 24 flavors versus 30% for 6 flavors.

    Sales Techniques

    🎯 Funneling choices from many to few (e.g., 24 to 6, then to 2-3) helps customers make decisions more easily and reduces buyer's regret.

    ❓ Asking qualifying questions to understand customer needs and providing 2-3 tailored options creates a more personalized and effective selling approach.

    Customer-Centric Approach

    🤝 Validating customer preferences through targeted questions and narrowing choices based on their responses enhances the overall customer experience and increases sales success.

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    8 mins
  • The Greatest Management Principle - Sales Influence Podcast - SIP 590
    Sep 15 2025
    Performance Management
    1. 🎯 Measure output to manage results and avoid micromanaging, but switch to measuring activities when not hitting numbers to guarantee output, as per Dr. Michael Lebau's "The Greatest Management Principle in the World" (1985).

    2. 📊 To ensure output, focus on key metrics introduced by Frank B. Kern in the 1940s-50s: cold calls, call-to-meeting ratio, pipeline size, average deal size, close rate, and sales cycle length.
    Diagnostic Approach
    1. 🔍 When performance lags, zoom in on specific activities while maintaining oversight of high-level dashboard metrics like sales, new clients, and revenue.
    Motivation and Rewards
    1. 🏆 Recognize and reward desired activities through both monetary and non-monetary means (e.g., encouragement) to motivate people and drive the right behaviors.
    Strategic Shift
    1. 🔄 Flip the equation from output measurement to activity measurement when targets are missed, ensuring that the right activities are being performed to achieve desired outcomes.
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    10 mins
  • Guaranteeing Your Results - Sales Influence Podcast - SIP 589
    Sep 8 2025
    The Cycle of Success
    1. 🔄 Attitude leads to activity, which leads to achievement, which reinforces attitude in the "wheel of success" cycle.

    2. 🎯 Results guarantee a good attitude, not vice versa, as achieving goals validates one's approach and boosts self-esteem.
    Overcoming Procrastination
    1. 🏋️ Jordan Peterson's strategy of "lowering the bar" involves breaking goals into smaller, manageable sub-goals to build momentum and confidence.

    2. 📚 Example: To read more books, start with one page a day and gradually increase, creating a habit and overcoming procrastination.
    Momentum and Motivation
    1. 🚀 Getting results drives a good attitude, creating a positive feedback loop where small achievements lead to greater goals and motivation.

    2. 💪 The "Peterson principle" of breaking down activities into achievable sub-goals is a powerful strategy for overcoming procrastination and achieving success.
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    12 mins