I tell myself that it’s not just me, everyone keeps score in their head of various personal records, such as they are. For example, for quite a while, my record for how long it took me to close one particular new account from first contact to getting them to sign was five years. I’m aware […]
Way back in the Stone Age, when I spent my time in the retail trenches, a regular feature of the work week was visits from the brand reps. And it wasn’t just consumer electronics. I got my start in sporting goods: bike shops in the summer, and ski shops in the winter. The area managers […]
As I often say about my personal life “There’s never a dull moment around here.” Maybe that’s a big of an overshare for rAVe readers. Regardless, it’s true not only of my personal life but my professional one as well. I recently wrote about seeing the signs in advance of one of my biggest dealer […]
One of my most annoying traits as a child has come in handy as a grown-up: asking obvious questions. My oppositional defiance disorder notwithstanding, asking obvious questions is useful precisely because they’re so obvious that sometimes no one has asked them before. That comes in really handy when evaluating things, especially policies and processes. Like […]
So it turns out that I can still be surprised. I’ve been around a long time, and I’ve seen a lot of things. In the industry vertical I’m in, the same things generally keep happening, so you see the signs and know what to expect, more or less. Mark Twain said that “history doesn’t repeat […]
Everyone who has ever taken a sales training course has been taught this: Don’t pre-judge anyone. Get to know them, and without making assumptions learn who they are (and what they need and want), then sell to them accordingly. We’ve all heard it; yet it still happens. It still happens because people are people, and […]
It’s hard to believe that it’s already August. July just sort of sped past. As the saying goes, time flies when you’re having fun. Part of the reason why July flew by so fast was that it was Stampede season: the Calgary Stampede. This time of year most of my clients who have branches in […]
Not long ago I wrote about what happens when your customer gets bought, which is something I have a lot of experience dealing with over the years. Acquisitions and buyouts happen, and I’ve done this long enough that I have a sense for when they’re imminent. There have been quite a few recently in my […]
Let’s take a moment to reflect on the sales funnel. It’s handy as a metaphor (or maybe an analogy, I often get those confused) that paints a mental picture of your sales process, and where your clients and prospective clients are at in their transaction cycles. I like using it because it recognizes that the […]
I had a meeting with the new general manager of one of my dealers. Rather, I should say he’s new to that company, but I’ve known him for years: an industry veteran with lots of skill and experience. In his new role, he’s been tasked by the owner to grow the business. That means earning […]
Mark Twain said, “History doesn’t repeat itself, but it often rhymes.” Although lesser known, my grandfather said, “If you live long enough, you get to see it all come around again.” I’ve seen a lot happen over the years. Just to give you some idea of the pace of change over the years: When I […]
It’s been a while since I’ve brought it up, but I still often think about the line from the film “Jerry Maguire” (1995) when his mentor, veteran sports agent Dicky Fox says, “The key to this business is personal relationships!” Back at the end of 2019, which feels like a lifetime ago now, we made […]
When I first moved here in high school, a girl I met told me, “This city is a town of 600.” At first, I didn’t understand, but I eventually came to the conclusion that six degrees of separation are real, and everyone knows everyone else, somehow. That’s as true for industries and channels as it […]
Last week, my wife told me that she needed a landline with Bluetooth capability for her work, so she could use a headset with it. That should be easy, I thought. But no, few things are ever that easy. I did some quick research and selected a dual-handset cordless phone system from a reputable brand, […]
The meaning of words shifts over time. Today the word “masterpiece” simply means “a work of outstanding artistry, skill, or workmanship.” In the past, it was different. Under the system whereby apprentices learned their skills from a master craftsman, a “masterpiece” specifically meant a demonstration of ability, proving that the apprentice had excelled in their […]
Anyone who knows me in person knows that I am incapable of passing up an opportunity to make a “Dune” reference. (Which is timely right now as “Dune: Part Two” is in theaters!) I’m also incapable of passing up an opportunity to make references to the movie “Airplane!” (1980), but that’s not important right now. […]
There’s a self-help aphorism I keep coming back to that goes, “The universe will keep sending you the same lesson until you finally learn it.” Human nature is what it is; sometimes, even when you think you’ve learned a lesson, you may need to relearn it again. One of the things I’ve learned over time […]
Every so often I check in on the state of what’s still being called “Smart Home” tech and I find myself coming away with a sense of déjà vu. Or, perhaps more specifically, a sense that “plus ça change, plus c’est la même chose,” or “the more things change, the more they stay the same.” […]
I haven’t done one of these in a bit: reminiscing about my often surreal experiences working in retail. So here are two unrelated anecdotes I thought about recently for the first time in a long while. At one point, I worked for The Bay. For you Americans, The Bay is Canada’s version of Sears. Except […]
Remember that one guy in your classes who would ask the professor a “question?” I used quotes because their question was always a thinly veiled excuse to expound and fill up the air with their own opinions. I never liked that guy when I was in school. As a result, I try to avoid being […]
Black Friday has come and gone. Not for the first time, I am struck by the differences between working in distribution and frontline retail. Chatting with one of my vendor contacts on Friday, I reflected that Black Friday was a quiet day for me. The only emails I received on Black Friday — both of […]
A friend who’s an avid mountain climber once said to me that the thing about climbing a mountain is that once you reach the summit the first things you see are … more mountains. It doesn’t take a great leap to recognize the metaphor here: Once you’ve achieved a goal, a new goal beckons to […]
When I was in junior high, our baseball coach constantly impressed upon us the importance of conquering the basics, or the fundamentals of the sport. The reason was that consistently and successfully executing the basics on the field is what wins games. Here’s what he had to say about showboating or trying to be fancy, […]
Some solid advice I received long ago was that “you can’t chase every rabbit.” My dogs would disagree, and I see their point, but as business advice goes, it holds up. You need to cultivate long-term relationships with the people you can do business with, not just to look after their needs on a repeat […]
It’s an annual tradition that at the start of the New Year my wife makes a Facebook post that goes: “Hey other realtors: want to make more money this year? Then answer your phone when I call!” We’ll get back to why that’s important in just a minute. It’s a weird rule of the cosmos […]
Long ago, one of my old bosses and mentors had a favorite saying: “What gets measured, gets managed.” And he was right, as far as it goes. If you’ve got a metric and a system that reports on it, you pay attention to how you’re performing against that metric, and you make adjustments based on […]
I’ve talked before about how frequently I receive queries from end users. It’s because when people Google one of the brands we distribute our website comes up, and my name, phone number and email are right there. I don’t sell to end users. I have dealers for that. But I always take the time to […]
My grandfather was fond of saying “If you live long enough, you get to see it all come around again.” It wasn’t until much later in life that I came to realize how true that is. Off-topic, his retirement hobby was going to the hardware store and telling anyone who would listen how much that […]
American mathematician Alfred Korzybski coined the phrase, “The map is not the territory.” He was talking about psychology and the human mind, but his analogy is just as apt for our businesses. Just when I feel like I’ve seen everything, something happens that proves me wrong. No indeed, it’s still possible for me to be […]
My family has a saying, long attributed to my grandfather: “We can’t afford an elephant, but since they’re half price we’ll take TWO!” There’s just something compelling about getting a bargain. That applies not only to people as end users but to businesses too. My category managers at my work regularly negotiate special buys and […]
When I first moved to Alberta in high school, a girl I met here told me “Edmonton is a town of six hundred.” Actually, at the time it was a small city of about 700,000 people, but right away I picked up what she really meant: Everyone knows everyone else. And she was right. Later […]
Everybody likes to win, right? At least that’s what I tell myself. And that’s fine, as far as it goes. But there are times when it can be taken too far. There are different ways of negotiating deals. Some are fairly universal, while others are more applicable to specific circumstances. Without going off on a […]
