Don't Be a Short-Term Seller By Charles H. Green, Contributing Editor![]() Short-termism is a leading cause of bad sales health. It's made worse because it's insidious: you don't always know, or notice, when you're suffering from it. This article identifies some symptoms of short-termism, and tells you what you can do Bob's Story Suppose you're Bob. Imagine hearing in the course of a week:
Since you're not really Bob, you can easily avoid temptation. But if you've ever been where Bob is sitting … well, let's imagine what he's thinking:
We all know what comes next. Bob succumbs in one of a number of ways. He calls to subtly guilt-trip the client. He fishes for "objections" he can then "handle." He suggests that perhaps the price is negotiable. He hints that the competition is not entirely ethical. He may even do some version of begging and whining. The effects are predictable, too. Those actions actually reduce the odds of Bob getting the sale: they cause the client to feel pressured, annoyed, turned into a means to Bob's own ends, and generally disrespected. Bob shoots himself in the foot; short-term selling claims another victim. The hardest thing about changing short-term selling behavior is not identifying the causes, or even solving the problem. Instead, I would argue, it is in noticing the drivers and the symptoms. Because the drivers and symptoms show up not in our clients, but in ourselves. Causes and Effects Before examining symptoms, let's focus on the underlying cause of short-term selling and how it plays out in client relationships. Then we can identify the early warning symptoms. Short-term selling comes from a mismatch between the pace of a client's decision-making, and our desired pace of the client's decision-making. Typically, of course, we want the pace to be faster than that which the client appears to desire. Our unfortunate response is to attack the client's pace as too slow. The client's equally unfortunate (but entirely predictable) response is to dig in their heels and push back. Paradox. Stalemate. Short-termism kills another deal. The root cause, ultimately, is our insistence on time as a relevant dimension. It is not a relevant dimension, except to us. Time is money? Only to the seller. To the buyer, haste makes waste. A bad decision made quickly is made no better, and a decision made too quickly is more likely to be bad. To the buyer, the relevant criterion is the rightness of the decision—not its speed. When a seller feels time pressure from a buyer, it is fundamentally unsettling. It screams, "I'm not in this to get it right, for you—I'm in this to get it done, for me." Drivers and Symptoms A firm that is truly client-focused, collaborative, and long-term oriented isn't so troubled by a client's pace of decision-making. Such a firm is focused on helping the client to make the right decision. And here a huge paradox comes into play. Clients who feel their suppliers are focused on solutions, rather than timing, are not only more likely to buy from those suppliers, but they are also more likely to buy quickly from those same suppliers. Measuring and managing the wrong thing—timing—actually results in damaging the very metrics being measured. This means that firms obsessed with reducing sales process time are actually contributing to an increase in sales process time. Firms who loosen up and focus not on time but on good client results will contribute to a decrease in sales process time. The truth is, this only looks paradoxical to a sales process engineer. To any observer of human behavior, it makes perfect sense. Human beings respond positively to people who help them, and they respond negatively to those who make them feel manipulated or used. No surprise there! Drivers. Now, we can catalog a few system-wide drivers that lead to short-termism. To list just a few suspects: sales quotas, sales contests, exhortation to cut time for time's sake, metrics that emphasize time over quality, promotion criteria that focus on sales numbers at the expense of relationship quality, bonus systems based mechanically on sales numbers at the expense of relationship quality, and the daily drumbeat of "what have you done for me today" that accompanies time-based sales pressure. Note: there is nothing wrong per se with any of the above. Like anything else, the issue is one of balance vs. excess. The most common victim of short-term driven sales is relationship quality. No firm needs to ignore timing—the problem is being obsessed with it to the exclusion of client focus and relationship quality. Symptoms. Firms don't sell, people do. Firm processes may drive behavior, but the behavior shows up at the individual level. Let's go back to Bob and identify what happens when Bob succumbs to short-termism. It boils down to this—Bob becomes fear-based. He suffers from:
Every single one of these fears, of course, is about Bob. Not one single fear, of course, is about his client. Which suggests an obvious solution for Bob: he should focus on his client's needs, not on his own. Solutions It's tempting for Bob to succumb to the firm's systemic short-term bias and turn to whining, begging, and guilt-tripping to get his way. Even if Bob is able to see the dysfunction in this behavior, it's tempting for him to blame the firm, and to identify all the incentives lined up in favor of short-termism, for driving Bob to do the wrong thing. But our Bob, fortunately, is not a rat in a maze, driven only by mirrors, flashing lights, and cheese. Our Bob also has some influence in the matter. And so he chooses to take a few actions on his own, unilaterally.
Don't be a short-term seller. Short-term sellers sub-optimize their careers away one nibble at a time. Be in it for your client for the long run. Charles H. Green is a Contributing Editor of RainToday, and a speaker and executive educator on trust-based relationships and trust-based selling in complex businesses. He authored Trust-Based Selling |
