Why You Can’t Wait For the Shmoo in 2016

At a recent holiday gathering, a group of us landed on the subject of the Shmoo, and how it relates to advertising sales in 2016.

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The Shmoo was a character in the 1940s and 1950s comic strip Li’l Abner. It’s a little hard to explain, but here’s a description from the Wikipedia entry on the subject:

  • Shmoos are delicious to eat, and are eager to be eaten. If a human looks at one hungrily, it will happily immolate itself — either by jumping into a frying pan, after which they taste like chicken, or into a broiling pan, after which they taste like steak. When roasted they taste like pork, and when baked they taste like catfish. (Raw, they taste like oysters on the half-shell.)

  • They also produce eggs (neatly packaged), milk (bottled, grade-A), and butter—no churning required. Their pelts make perfect bootleather or house timber, depending on how thick you slice it.

  • They have no bones, so there’s absolutely no waste. Their eyes make the best suspender buttons, and their whiskers make perfect toothpicks. In short, they are simply the perfect ideal of a subsistence agricultural herd animal.

  • Naturally gentle, they require minimal care, and are ideal playmates for young children. The frolicking of shmoon is so entertaining (such as their staged “shmoosical comedies”) that people no longer feel the need to watch television or go to the movies.

By its very existence, The Shmoon (this is the plural) appeared to provide for just about all of humanity’s needs. But rather than making people happy, Shmoon  created as many problems as they solved, and were ultimately set upon and destroyed by society.

The Shmoo in Advertising Sales

In broadcast sales, the Schmoo is the big agency account. A few times a year, the Schmoo issues an RFP, and you submit. Hit the cost per point, throw in some added value along with some concert tickets for the buyer, and you get the money.

For decades, many media reps made a good living on Shmoon. Young AE’s waited for veterans to leave, eventually inherited big agency accounts, and soaked up the money as the RFP’s came in. It was a good ride while it lasted, butthe Shmoo Ride is over.

As businesses bought each other, consolidation made some of the big local accounts disappear. Other agency accounts went national. Now agencies, often with station help, are automating the process. Soon that RFP will go from one computer to another, and the buy will happen automatically, untouched by human hands.

If you’ve been making your living by riding the Shmoo, you’re going to have to find another way to do it. The easy, automatic money is just about gone. The Schmoo isn’t coming anymore.

That’s the bad news. The good news is that there is still plenty of opportunity to make money. with local direct. Local direct, alas, is a Shmoo-free zone.

The money is there, but it’s not coming to you – you have to go get it. That means looking for leads, interrupting strangers on the phone and convincing them to meet with you. Doing thorough needs analysis calls, coming back with great ideas, and asking for the business.

It’s the kind of selling I teach every day.

It’s not easy. In fact, it looks a whole lot like work. But if you’re willing to make the effort, study the techniques, and skip the shortcuts, there is still great money to be made.

Stop waiting for the Shmoo, and go call a customer.

 

Coming in early 2016: a new networking site for television/digital sales professionals. Be looking for information about TV Sales Cafe™ in the next few weeks!

When the Client Won’t Listen

I’d love to say that clients always accept my advice and do exactly what I tell them.

sales tip: sometimes the client won't listen
Photo by pathdoc/pdc

There are some furniture store owners and auto dealers who think they know more about advertising than I do.

Sometimes they’re right. But not often.

Let’s make a deal. If you don’t tell me how to write your ad copy, I won’t show up at your funeral home and tell you how to embalm the bodies.” — Something I once thought about saying, but did not, to a client.

This is a topic of much conversation among well-trained advertising salespeople. You are held accountable for results — if the advertising doesn’t deliver, you be blamed. But you are on commission — if the client doesn’t run with you, you don’t get paid.

How do you handle it?

As Dan O’Day points out, much depends on how your customers perceive you:

If you want to provide your clients the most for their money, you need to:

1. Educate yourself to the point where you do have genuine expertise in radio advertising.

2. Make that expertise clear to the client at the beginning of and throughout your entire relationship.

As an Account Executive, I made a point of talking about the books I’d read, the CD’s I’d listened to, and the seminars I attended. I sent a monthly email newsletter to my clients that talked about marketing, not about my stations.

I started a blog in 2008 — the one you’re reading now.

In spite of the credentials I built up and trumpeted at every opportunity, I would sometimes find myself sitting across the desk from a business owner who was determined to write his own laundry-list commercial and run it on my competitor if I didn’t like it.

If you run into a situation like that, you have two choices:

1. Refuse the business. Tell the client that you would love to have the business, but cannot accept the order when you don’t think it will accomplish the client’s goals.

2. Give the client the best advice you can, and then take the money.

Here’s the approach I settled on:

  • If the order was a little one, I’d refuse it. I set a minimum dollar figure (my “Evangelista Number“) below which the business wasn’t worth my time. If it was below the Evangelista Line, I was happy to let my competitor suffer.
  • If the dollar figure was substantial, and the only way to get the order was to run the ad my the customer insisted on running, I’d accept it — but only after saying this:

Advertising Sales Tip:
The “Two Responsibilities” Gambit

Mr. (or Ms.) Client, I have two responsibilities. The first one is to my station and my own checking account, and it’s this: if you want to give me your money, I am prepared to take it.

But I also have a responsibility to you to tell you if I think your plan isn’t going to work. And I don’t think it’ll work. If you still want to go ahead and do it, let go ahead.

Sometimes the campaign failed and the client ultimately agreed to try it my way. Results, and the customer’s perception of my expertise, generally improved when that happened.

Sometimes the campaign failed and the client just stopped advertising. In that case, I’d shrug and move on to someone else who was willing to listen to me.

Occasionally customer was right and the campaign worked after all. As Joaquin Andujar was fond of saying, you never know.

In a perfect world, you could walk away every time a client wanted to advertise the wrong way.

Alas, the world ain’t perfect.

You have bills to pay, and a budget to hit.  Winning the argument might feel good, but allowing your competition to cash your commission check does not.

Under the right circumstances, using the “two responsibilities” gambit will allow you to cash the check and still sleep at night.

[reminder]What’s your best strategy for dealing with a client who won’t listen?[/reminder]

Coming in 2016… A Social Network for TV Sales Professionals

Since 2009, radio salespeople have been able to go to Radio Sales Cafe to share ideas, ask questions, and learn from each other.  I’m working on something similar for television sales pros.

Launch target: January, 2016.

Social network for TV sales professionals
Photo by Robert Kneschke/dpc

Thank you to my friend and colleague Rod Schwartz for the inspiration.

Details to follow.

How to Use Your Last Workday of the Year

Over the next two weeks, many of your competitors will be coming in late, leaving early, and socializing while they’re “working”.

You can do better.

sales tip: call clients on the last day of the year
photo by Monkey Business/dpc

As Anthony Caliendo, author of The Sales Assassin: Master Your Black Belt In Sales, points out,

Business and generating income can’t just stop for the holidays, and salespeople (especially those on commission) need to keep productive in downtimes during the holiday season.”

Among his tips for staying productive during the holidays:

Schedule appointments for the new year instead of desperately trying to schedule sales calls during the holidays. You may typically have difficulty getting an appointment with a prospect, and never get past their gatekeeper. Scheduling appointments for next year – in reality only a few weeks away – is a good way to convince reluctant prospects to meet.

Caliendo’s strategies will work on any day in December. I’m going to add to the list with a recommendation for the very last thing you do in the office this year.

Sales Tip: How to Spend Your Last Business Day of 2015

 

Make a list of every client who advertised with you in 2015. Big ones, little ones, annual accounts, seasonal accounts. All of ’em.

On your list you’ll need two pieces of information for each:

  1. The name of your main contact for each company. With some clients, there may be more than one.
  2. His or her phone number. That’s telephone number. If you want this to work, do it by phone, not email.

Here’s what you’re going to do — call each one on the phone and thank them for their business in 2015.

That’s it. No selling is allowed on this call. You can’t mention your ratings, or that First Quarter Fire Sale Package. Just a simple thank you.

If you do this in very late December, you’ll get voice mail in the vast majority of cases. That’s fine. You should have a scripted, rehearsed voice mail message ready to leave.*

Leave your message, hang up, and dial the next name on your list. When I was an Account Executive, my message went something like this:

Hello, Jane, this is Phil Bernstein at K103. No need to call me back — I just wanted to take a minute to say thanks for your business this year. I’ve really enjoyed working with you, and hope we can catch up some time next month. Have a great New Year!”

The words “no need to call me back” are key here — once the clients hear that they can relax and appreciate the gesture for what it is.

I learned this technique from Jim Doyle, who was my sales coach at the time and is now my boss. I did this on the last day of the year for six straight years.

What happened when I did it?

I got a few clients “live”, and a few return calls that day. In fact, I once got a $3000 direct buy for January from a client who had, earlier in the day,  unsuccessfully tried to reach one of my competitors.

Sometimes it’s better to be lucky than good.

In most cases, my clients had already gone home for the New Year’s break. This meant my message was often the first thing they heard when they came back in the office in January, and I’d often get thank-you calls the first week of the year.

Those conversations often turned into money — sometimes quickly, sometimes a few months later.

Holiday cards and gifts wind up on the stack with everyone else’s offering. An email may not even be read. A simple, low-tech telephone call can set you apart from the competition, and put you in a stronger position as 2016 gets underway.

* For a great tip on building your voice mail skills, read Paul Castain’s blog post The Three-Minute-a-Day Phone Workout.

[reminder]What’s your best tip for staying productive during the holidays?[/reminder]

 

3 Resolutions to Dramatically Boost Your Sales In 2016

As long as we’re resolving to lose weight, learn a new language and stop staring at our phones, why not make some New Year’s Sales Resolutions?

Here are three that will make a huge difference in your billing… if you implement them.

Three sales resolutions for 2016
photo by Gajus/dpc

 

3 Sales Resolutions You Can Keep

  • Resolve to read more. Read books that will help you get better at your craft. The top sales professionals — at your company and everywhere — are constantly reading. No matter your situation, you can do the same.

Dan O’Day, who writes and teaches about radio, puts it this way:

If you want to provide your clients the most for their money, you need to:

1. Educate yourself to the point where you do have genuine expertise in radio advertising.

2. Make that expertise clear to the client at the beginning of and throughout your entire relationship.

If you work in a different medium, insert the name of your medium in place of “radio”, and it will apply perfectly to you.

What to read?

Business books to understand the challenges your customers face every day. Marketing books to understand how advertising works, and how to create an effective ad. Sales books to learn better ways to find more customers.

Book recommendations can be found on my Recommended Reading page. Buy ’em if you have the money, and get them at your public library if you don’t.

Blog recommendations can be found here: 5 Awesome Must-Read Blogs for Ambitious Media Salespeople.

  • Resolve to schedule time to go after new business every single week. In a good year, if you’re good at your job, 25-30% of your account list will disappear through no fault of your own. You need to be actively filling your pipeline every week just to stay even. Growing your business requires even more focused effort.

If you’re looking for a method to do that, I’ll recommend…yes…a book! Fanatical Prospecting by Jeb Blount is the best new sales book I read in 2015. And if you’re thinking your pipeline is full enough, you may be wrong. My post Pipeline Math: How Many Active Prospects Do You Need? may be an eye-opener.

  • Resolve to get back to your customers more consistently, and faster. This won’t necessarily bring you new customers, but it will help you keep the ones you have. In my TV advertising consulting practice, I call on about 200 local businesses every year. When I talk to advertisers who’ve switched stations, among the most common reasons I hear is one that has nothing to do with programming or ratings on the station — it’s that they felt ignored by their previous station. Amazon and Google have trained your customers to expect instant responses to all of their inquiries. You’re a person, not an always-on algorithm, so they will give you some slack on the issue, but response-time standards are still higher.
  1. In 2016, resolve to respond to all customer emails the same day — even if you have to write back after hours. Your competition isn’t doing this.
  2. In 2016, resolve to listen to your voice mails and respond to customer messages the same day. Your competition isn’t doing this.
  3. In 2016, resolve to get back to every one of your clients with an answer on the day you said you would or before. If you promised an answer on Thursday and you don’t have the information you need on Thursday, don’t hide — an email or call saying “I promised to call you today with an answer, but I don’t have it yet — I should know by Monday,” goes a long way.

There you go — three sales resolutions that will bring you more new customers and help you keep the ones you have in 2016.

[reminder]What will you do better in 2016?[/reminder]