It’s worth noting most people incorrectly quote the signature catch phrase of the movie Field of Dreams as, “If you build it, they will come,” but – as any devotee of the seminal flick knows – the precise quote is, “If you build it, HE will come,” referencing the disgraced and footwear-challenged Joseph Jackson. But I digress.
This post is about the all-too-common misconception that filling gaps in a product portfolio will solve any deficiency in your sales results. While this is sometimes true, it is more often than not common sense interrupted by thinking. Some salespeople love to blame everything and everyone but themselves for failing to achieve their sales goals. One certainly shouldn’t discourage the new product development team from creating the next big thing, but salespeople get paid to deliver the number regardless. Rainmakers accept NO excuse for getting the job done.
I’ve sat in many sales & marketing meetings over the years, listening to sales leaders lament the lack of innovation: “If we only had ______.” It is the job of the sales team to generate profitable new revenue no matter what. A “rut” is a grave with both ends kicked out. Get over it. While you’re waiting around for someone else to create something new and exciting, you’ve still got a job to do: selling what’s already on your plate.
Now, in all fairness, salespeople aren’t the only ones who fall into this trap. Just because you DO create a new product or service does not mean it’s automatically going to sell. It might, and that would be great – but it’s not a given. Too many companies have an anemic sales culture because the power and value of a great sales team is discounted in the misguided belief that any fool can sell a great product. Heck, it might even sell itself.
This “if you build it, they will come” mentality can be a genuine trap. One should instead heed the warning, “be careful what you wish for.” Some marketing teams take the sales leaders at their word and create new products as requested. Now, it’s up to the sales team to execute. If you fail, you have no one to blame but yourself. Is it the chicken or the egg? Is it better products that are needed or better sales execution? In a perfect world, you’d have both great products and great sales execution. But if this was easy, every company would be doing it.
Since most of what I write in my blog is directed at sales teams and sales leaders, I want to address them directly here. Instead of focusing on what’s missing in your portfolio, concentrate on the things you can control. Find ways to bring real business value to your customers through great service, dependability, and trust. If you are accessible to your customers, always do what you say you’re going to do, and put your clients’ needs before your own, it won’t matter what products are in your sample bag.
It’s a great day in the life of a salesperson when they finally realize they already have everything they need to be successful. Strive to become the person your customers can’t live without. Figure out how to execute in spite of your company’s shortcomings. The very best way to differentiate yourself from all the people with whom you compete is to become habitually dependable. You don’t need anyone’s help building that.