The Japan Business Mastery Show  By  cover art

The Japan Business Mastery Show

By: Dr. Greg Story
  • Summary

  • For busy people, we have focused on just the key things you need to know. To be successful in business in Japan you need to know how to lead, sell and persuade. This is what we cover in the show. No matter what the issue you will get hints, information, experience and insights into securing the necessary solutions required. Everything in the show is based on real world perspectives, with a strong emphasis on offering practical steps you can take to succeed.
    Copyright 2022
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Episodes
  • 219 Be A Showman When Selling In Japan
    Jul 18 2024

    Tricky area in sales, showmanship. The word has a certain odor about it that reeks of fake, duplicity, con game, spruker, carnival barker, etc. Yet, like storytelling, this is an important part of the sales professional’s repertoire. Clients are card carrying members of the Great Guild Of Skeptics. They are highly doubtful about salespeople’s claims. We need to bring some powerful persuasion techniques to the fore.

    This isn’t making up information to snow the buyer or doing a bait and switch, between what they think they are getting and what we actually deliver. This means using our communication skills to highlight the key points that will persuade the buyer, that what we are offering will help them and is in their best interests. What we say has to be true, but we don’t need to say it in a flat, lifeless, mundane or boring way.

    Showmanship would involve using persuasive word pictures to draw out the scene.A favourite example of showmanship is the car tyre puncture repair story. This is used to illustrate to salespeople the importance of showmanship, when explaining choices of action versus no-action to clients. Having a need to buy and buying are not always well paired together in the mind of the client. The example of the gas stand is used, where the service attendant notices the front left hand tyre of the car has a slow leak and offers to fix the puncture in 10 minutes. The client refuses the offer, because they are in a hurry and drive off.

    The same scenario is used again, but this time the attendant employs some word pictures and showmanship.

    So the attendant says:

    “Mr. Customer, I notice your front left hand tyre has a slow leak. We can repair that puncture in 10 minutes”.

    The client refuses, because they are too busy to spend the ten minutes repairing the leaking tyre. At this point the attendant doesn’t simply let the buyer leave, but says instead:

    “Previously, we had another customer here with the same issue – a slow leak in their tyre. Unfortunately they were also too busy to fix it. We saw a report later on the nightly news about a terrible accident.

    Apparently that same car tyre blew out while they were on the highway. It caused the car to flip and roll over three times. We saw the tangled mess of what was left of the car from the television station’s helicopter video. It was total tragedy.

    The television reporter said the whole family of four, including the two young kids, died in that accident. When we heard that, we all felt really bad, because we didn’t get them to fix the leak when we had the chance.

    We could have prevented that accident…. It will take us ten minutes to fix your puncture, let’s do it now, so we will all feel a lot better and safer”

    Notice the use of very emotive language to drive home the cost of no action. The tone is subdued but still powerful. We need to be looking for ways in which we can contrast the plus of using our solution, against the minus of doing nothing or using our competitor’s solution.

    Think about what you sell and what are some ways you can illustrate to the buyer that there are opportunity costs to not buying from you and buying now. Look for powerful word pictures to draw this out for the buyer. This is showmanship and we must become masters of communicating value to the client.

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    9 mins
  • 218 Unearth Your Own Insights When Presenting In Japan
    Jul 11 2024

    In our lives, we have harvested a lot of experiences, which we can use in our presentations. If we were better organized, we might have had the forethought to keep notes, so it would be easier to refer to them when we are looking for material. Well there is a hint right there – keep notes from now on. You can just jot down in your Evernote or something similar, the key points you will want to recall later in a talk.

    Storytelling is not some Hollywood script writer level requirement for speakers. It is just telling our stories from real life and the lives of people we have observed. We can also share and acknowledge incidents from authors who have captured their experiences on paper, but in our own words. We just have to be observant and be able to see a good connection between a point we are making in our presentation and an example where we can relate it as a story.

    We know with planning our talk we should start with the conclusion of our talk first, boiled down to its essence. We then pick up the main points we are going to use to illustrate why our viewpoint or our conclusion is correct. We then design the opening to grab people’s attention, amidst the mad world they live in, which seems to permanently distract them.

    Now when we are fleshing out the key points we want to make, in the main body of the presentation, we are searching for evidence to back up our claims. This comes in the form of data, expert authority and stories to make the point come to life. This is the time to drop into the vault of our collection of stories and find good matches between the point and the story.

    This may seem hard at first, but when you reflect on why you think something, about an issue there is usually a good reason for it. Something happened which you witnessed or were aware of, which influenced your take on the matter. There will be a story in there somewhere. Usually these are either successes or failures.

    We can all become careful observers of things going on in our business lives, which we can sew into the fabric of what we will be saying in our talk. There is no shortage of actors and characters out there in businessland from which we can draw. Let’s start our collection today if we don’t have one and keep adding to it, if we do. Some of this stuff you couldn’t make up by the way, which is always exciting. The point is to capture it and employ it.

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    8 mins
  • 217 Sales Is Simple In Japan
    Jul 4 2024

    Imagine my surprise, as an expert in sales training, when I meet salespeople who have not spent even one second trying to master the bridging of the gap between value and cost. Sitting in the audience at a speaker event, next to a thirtyish Japanese sale’s guy, we talked about how he does his sales.

    He told me he contacts a lead, gets an appointment, shows up and explains the service and submits a quote. Really? On the blank side of meal menu, I mapped out the elements of the sales process for him. Prepare for the meeting and focus your intention on one thing – getting the re-order, not just the solitary sale. Build trust through establishing rapport. Create interest by asking extremely well designed questions to understand the client’s needs. Now tell the client whether we can help them or not and if we can, explain the how of our solution. There may be points of insufficient clarity, concerns, hesitations or downright objections to what we are proposing. We need to deal with those before we proceed to ask for the order, and then we do the follow up to deliver the service or good.

    I then asked him what does he do when the buyer says, “too expensive”. His answer had me reeling. With a cherubic mien, he told me he offered to “drop the price”. Incredulous, I asked “by how much do you usually drop it?”. He quoted 20% as the number. There were four other sales people in his team and if that is how they roll over there, then that is an expensive first response to client pushback on pricing.

    Here is the snapper – do you know what is happening inside your team? Are they also dropping the price immediately as their first counter to an objection on the money?

    He should have said, “why do you say that” when told it was too expensive? Was the price objection genuine, a ruse, sport negotiation, time bound, or irrelevant because they haven’t seen enough value yet to understand the price point? There will be one highest priority element in the too expensive objection. It might be the actual volume of cash involved, budget allocation timings, internal competing project competition concerns, etc. Which one is it – we need to know.

    The moral of this story is to take a very detailed look at what your salespeople are doing. Don’t confuse seven years of sales experience with one year of experience seven times. Also, don’t imagine that they have a process, that they know how to explain the value or to deal with objections. Based on what we see in our sales training classes and talking with clients, in Japan, the chances of that being the case are very, very, very low.

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    8 mins

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