The Reality of Being a Rep

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When Claudia Cort decided to open her agency doors more than eight years ago she admits that she was aware she was facing a daunting task, but “I never knew it was going to be as hard as it was. I had spoken to other reps ahead of time so I thought I knew what was in store for me, but they never told me how really hard it was going to be.”

Despite that beginning, Cort, Cort Marketing Group, LLC, Eden, Maryland, has prevailed and now the agency, which includes her husband Peter and four sub-reps, serves the kitchen … Read the rest

Bob Died. What Now?

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You picked up the local newspaper and Bob Jones,* a gentleman you have known for years through business, died of a heart attack. Bob had been a good salesman, operated his own rep agency, and you know that he had done well financially. He had a large home, belonged to a nice country club, and had educated his three kids in private schools. You didn’t know too much about his rep agency, but you know he had his business for 30 years. At 64 years old, you would have expected Bob had been looking toward retirement. He had seemed to

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There Is Only One Thing Your Principals Care About — Sales!

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Getting sales means managing the sales force, period.

I recently visited with a rep friend and client who was complaining that his four-person sales force had not delivered significant sales and commission increases for several years.

As we discussed the individual salespeople, there were certainly issues with each of them. But, it also became increasingly clear that my friend, the owner of this supposedly successful independent rep firm, was not functioning in a pro-active manner as sales manager.

There was a glaring weakness in the way he approached his salespeople. Yes, he called them occasionally. He also demanded sales … Read the rest

The Sales Force — Working With Reps

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This is the first in a number of articles serializing The Sales Force — Working With Reps by Charles Cohon, MANA’s president and CEO. The entire book may be found in the member area of MANA’s website.

Somewhere, somebody just made a big sale. Was it skill or was it luck?

Any time an order is awarded, the winning salesperson credits success to ability. The loser blames a host of plausible reasons and claims the loss was unavoidable. The winner calls the loser’s reasons excuses. The loser claims a bad break and calls the winner lucky.

How does a sales … Read the rest

Salespeople Learn When They’re Listening

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Questions that keep prospects talking.

When asked why salespeople don’t close more sales, a company president answered instantly, “They don’t ask enough questions.” He went on to add, “They’re so focused on getting prospects to buy, they don’t engage them. That takes asking lots of questions.”

He’s onto something important. We’re in such a hurry to get across what we want to say to our prospects that we ignore what they want from us. As it turns out, today’s prospects won’t tolerate such insensitive behavior. They’re gone.

So, where does this leave salespeople? What are they to do if they … Read the rest

Taking Your Sales Performance Up a Notch

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“Selling is more difficult now then it was just a couple of years ago.” Most of the participants in my sales seminars nod solemnly when I make that statement. And then they begin to fidget in their seats when I follow that up with this: “And it will be more difficult next year than it is today.” They become really uncomfortable when I extend that idea: “And it will be increasingly more difficult every year thereafter.”

That’s a sobering truth that we don’t like to face. Yet, just a little bit of reflection will convince us of the likelihood of … Read the rest

Out-Learn Your Competition

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Successful people are obsessed with learning. They out-learn everyone around them. They’re voracious readers. Warren Buffet, Bill Gates, Mahatma Gandhi, and Disney CEO Bob Iger read and learn. They finish newspapers, books, audio books, journals and magazines like Harvard Business Review, Inc., or Forbes while their not-so-committed peers waste their time on worthless entertainment.

I am a huge promoter of reading and learning. All the books I have written, all the seminars I give, all the coaching I do is based on learning. Learning about your industry, learning about yourself, learning about products, learning about your employees and most … Read the rest

Standing Out in the Mind of Your Prospects Isn’t Rocket Science — It’s Neuroscience

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Recently, I was traveling to a speaking engagement to an area of the country I had not been to in several years. When I left the office to head for the airport, I jumped on a conference call with a client and before you know it, I was standing at the security checkpoint at the airport. I never even gave it a second thought. When I arrived at my destination, however, I was really unsure of where I was going. After some mental gymnastics and a quick search on my phone, off I went in my rental car, paying close Read the rest

Maximizing the Value of Field Visits

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“You hired us to increase sales, not to be your travel agents or ‘yes men.’” That’s how one rep described his reaction to a principal’s request that they make all the necessary arrangements for a visit to the territory, including getting plane tickets, making hotel reservations, not to mention setting up appointments with customers.

According to the rep, “When the principal’s new sales manager came on board for one of our lines one of the first things he asked was that we prepare for his visit in the field. Let me emphasize that there was no particular reason for the … Read the rest

Zink Foodservice Makes Move to ESOP

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In addition to the changes that any company experiences during the course of a more than 40‑year history, Zink Foodservice, led by Jim Zink and Mike McGuire, made the major change last year from a family-owned business to an Employee Stock Ownership Program (ESOP).

Zink Foodservice provides comprehensive sales, marketing, distribution and installation services for manufacturers and authorized dealers of foodservice equipment and smallwares. The agency, headquartered in Westerville, Ohio, has more than 70 associates (40 of whom are focused on sales), located in 10 office locations and four culinary centers in Columbus and Cincinnati, Ohio; Chicago and Indianapolis.

(As … Read the rest

Selling the Sellers

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How do you get salespeople to accept technology to help them be reps, not employees?

Who sells for the agency? What do they see as their role? How productive are they? Do they provide value? How do you measure “value”?

As rep agencies grow, the primary need they have is salespeople. The more lines, the more big lines, the more big customers, the greater the need for qualified salespeople.

What qualifies a person to be a salesperson for a rep agency? Sales experience, and product and industry knowledge are certainly high on the list.

Someone who has sold the lines … Read the rest

Motivations That Move Customers to Buy

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Why Salespeople Lose Sales

Contrary to what many people believe, most salespeople want their customers to make good decisions. They want them satisfied, whether it’s buying shoes, home improvement, a vacation package, a car, or an insurance policy.

Even so, salespeople accidentally lose sales. They leave customers unsatisfied, not dissatisfied. Customers become dissatisfied after making a purchase; if they’re unsatisfied, they walk away before buying.

Intent on rattling off features and benefits, salespeople forget they must understand the customer’s need to buy before the facts will make sense. In doing so, they overwhelm customers.

Why do salespeople do this? They … Read the rest

Four Keys to Massive Sales Success

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I was recently speaking with an extremely successful executive (he asked to remain anonymous) who is known for being able to walk into an organization, clear away all the clutter and nonsense, and make them extremely successful. He boiled his process down to four keys which can also be applied to successful selling.

Key #1: Simplicity

The formula for success in sales really is simple. It comes down to talking to enough of the right people the right way. That means talking to plenty of qualified prospects and having the skills necessary to find a problem, solve the problem, and … Read the rest

Beliefs That Limit a Salesperson’s Performance

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“Good salespeople are problem solvers.” Or, so the illusion goes.

That belief ranks high on my all-time list of the beliefs that most limit a salesperson’s performance. This one is especially insidious because it is so commonly held, without reservation, by such a large percentage of sales managers and salespeople. And it sounds so reasonable.

The world is full of sales managers who gravely proclaim that good salespeople are good problem solvers. Salespeople who use that belief to give direction to their jobs are to be found in every sales force.

The problem with this self-limiting belief, as in many … Read the rest

How to Avoid the Fake-Listening Trap

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Ask any sales professional about the key to success, and there’s a good chance they’ll say, “You have to listen to your client.”

As a sales strategist, I meet with many successful sales reps, managers and executives. I always ask them about the secret to successful selling. The answers tend to be similar. One time, after yet another of them mentioned the importance of listening, I responded with a slight tone of frustration in my voice:

“Everyone says that listening to the client is the most important skill a salesperson can have,” I said, “yet few salespeople actually bother to … Read the rest

Are You Guessing on Your Quality of Customer Service?

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Providing outstanding customer service at the right price is the “Golden Rule” of most companies. It’s worth remembering that we all experience customer service every day. Customer service is a critical piece of your business, and you should fine-tune it as much as you can. Here are some well-known facts on customer service….

Fact: 90 percent of companies say they deliver superior customer service and only eight percent of people think these same companies deliver superior customer service. Which goes to show, you shouldn’t be guessing when it comes to evaluating your customer service.

Think you don’t have to worry? Read the rest

Time and Circumstances Change Expectations

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Time was that reps sold products and received a commission check. It was as simple as that and the arrangement seemed to suit both sides — manufacturer and rep. But times have changed and so have what each side expects from the other.

That scenario served as the beginning of a conversation with Craig Lindsay, CSP, CPMR, founder and president, Pacesetter Sales & Associates, an independent manufacturers’ representative agency selling safety and industrial supplies to the industrial market across Canada. As the conversation progressed, however, several variables were thrown into the mix and the relationship isn’t quite as simple as … Read the rest

IUCAB Names George Hayward Award Winner

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photo of Peter FeiglIn Europe, manufacturers’ representatives are called “commercial agents.” And each year the Internationally United Commercial Agents and Brokers (IUCAB) chooses an exceptional commercial agent to receive IUCAB’s annual “George Hayward Award.”

This year’s winner Peter Feigl, of Peter Feigl Handelsagentur in Austria, gave an extraordinary acceptance speech. With Peter’s permission, we are reprinting his speech in Agency Sales magazine:

My name is Peter Feigl, I am 40 years old and I’m from Linz in Austria. At the beginning of my working life, I made an apprenticeship as a mechatronics. Then I became a field manager. And now I am a … Read the rest

Sub-Rep Success in a Niche Market

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Earlier this year when Grant Melocik, Grant Melocik Sales, notified MANA that he was not renewing his membership, that information was of the “good-news, bad-news” variety. Obviously, the bad news was he wasn’t keeping up his membership; but the good news was he was at the point in his professional career where he was looking forward to a well-earned retirement.

In his explanation for not renewing his membership, Melocik emphasized that “I did want to thank MANA for all that I have been able to learn from the organization and for the contacts that allowed me to pick up additional … Read the rest

Should We Write Off the Charge or Risk Losing the Account?

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Credit and Collections:
New and Better Choices

Something has changed. It may be the effect of social media, or better banking regulations and procedures, or a deeper concern for business reputations. Whatever the impetus, manufacturers’ representatives like us now have better
options than slow-pay, no-pay or sue.

Every company occasionally confronts a client who doesn’t pay on time, refuses to pay altogether, or can’t pay the full amount for goods that have been manufactured and delivered. Like many of you, I’ve had clients take advantage of me as I struggled to build my business. Fortunately each bad episode always provided … Read the rest

Reasons Why Salespeople Aren’t Successful at Consultative Selling

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Yesterday, a sales manager I was coaching asked me to explain the difference between a great question and a tough question. I gave him the one-minute version but this article has the expanded version of that answer.

I’ll use my world as an example and ask you to translate accordingly.

In my world, while I might occasionally be on a first call with a senior sales leader, I am most frequently speaking with the CEO. With CEOs, the most-common issue they articulate is “I’m not sure we have the right sales leader.”

We have three levels of questions and it’s … Read the rest

The Myth of Treating People Fairly and Equally

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I’ll just come right out and say it. I believe that treating customers fairly and equally is a mistake. It’s unprofitable. It belittles customers and employees, and it’s unethical. There, I’ve said it.

Certainly, we should treat people fairly — but not equally. I’m not advocating some Orwellian decree that “some animals are more equal than others.” This has nothing to do with a customer’s value as a person. It has to do with bending so-called “rules” to give exceptional customers the kind of unique service they deserve.

In my many years working as a consultant and trainer with dozens … Read the rest

Ways to Keep Customers Coming Back

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Lots of money, effort and time go into acquiring customers, but not nearly enough thought goes into keeping them coming back. Sure, there’s the occasional offer or the “We’ve missed you” discount. All too frequently, we don’t pay attention unless they’re unhappy or turn up missing. Then, we get busy and try to get them back.

Such business behavior has unintended consequences. The cable companies are an example. Customers have learned to complain and threaten to leave unless they are given concessions. And how do you feel when a company unleashes the sweet talk after they haven’t heard from you? … Read the rest

Why Sales Success Is the Exception, Not the Rule

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To be successful in the world of selling you need to be a contrarian.

In every industry, successful salespeople are the exception, not the rule. In the insurance field, only about 20 percent of the agents who start are still agents 10 years down the road. In real estate, the average realtor sells three houses a year, and even though some may stay in the business because it’s the family’s second income, and the company allows them to, three houses a year is poverty-level income. In the corporate world, most salespeople don’t make quota and in many cases, even those … Read the rest

Is My Pay Plan Fair?

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Question:

I sell for a living. In our pay plan, we compete with our revenue numbers from the previous year, and approximately six percent is added to the previous year’s revenue number. That becomes your goal for that particular month. We get a salary plus commission and have a stair-step commission that starts at 80 percent of our goal. The problem is there is no motivation between the salespeople due to the fact that we are competing with numbers from the year before. When we have talked to management about it, they say that if we changed the pay plan, … Read the rest

The Secret to Success With Reps: It’s Not Business, It’s Personal

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For years after I started my manufacturers’ representative company, I had what I thought was my own closely‑guarded secret. Sometimes I would spend as much as 20 percent of my time on a line that was only 10 percent of my representative company’s income. And sometimes I would spend just five percent of my time on a line that was 10 percent of my company’s income.

Turns out that I had only rediscovered a fact well-known to reps but little-known to manufacturers. The amount of commission a manufacturer pays a representative is only one of the factors representatives use to … Read the rest

Whittemore Company Marks Centennial

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When Agency Sales was notified earlier this year of The Whittemore Company’s goal of expanding its territory into Kansas and Missouri, it couldn’t help but cast a spotlight on the agency’s rich history stretching all the way back to 1918 to the time when World War I was winding down and a flu pandemic was working its way around the world.

As the company readies itself to celebrate its centennial anniversary this year, Dave Zaval, who heads the Addison, Illinois-based agency, took the opportunity to recount not only how he forged a career as an independent manufacturers’ rep but also … Read the rest

Looking for Reps?

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Do It in All the Right Places in the Right Ways

Hiring reps should be easy. You have a good line. You are willing to pay decent commissions. You already have several excellent rep firms selling well for your line. You should be pretty well assured of success.

But, there can be problems. Two or three of the best rep firms in the territory are already selling your competitor’s lines. In the open territory you do not have much existing business. The open territory does not have as many good prospective customers as other areas of the country. The potential, … Read the rest

Seeking New Opportunities in Canada

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Since he’s the relatively “new guy on the block,” Bernat Riera can’t be blamed for having the normal concerns that any start-up rep firm has. Attracting quality principals, gaining a presence on the Internet, negotiating exclusivity with principals in the territory, etc., are all matters that keep him busy.

But if anyone has the qualities that will make it work, it should be MANA-member Riera, who heads Les Produits BR, Sherbrooke, Quebec, Canada.

Before beginning his journey as an independent manufacturers’ rep earlier this year, Riera packed several years of selling experience under his belt. Ten years as a pharmaceutical … Read the rest

Ways to Make the Right Reputation

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It always comes as a shock to learn that others see us quite differently than we see ourselves. More often than not, it can be distressing, particularly at work. “I don’t get it. I’m not that way.” Maybe not. But it happens. And when it does, a bad rep can stick tighter than super glue thanks to word-of-mouth and social media.

In today’s highly competitive workplace, reputation makes a difference. Your competition can be down the hall, across the country, or 10 feet away. It can be someone who wants your customer or your job — maybe both.

When it … Read the rest