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HomeSalesFairly Huge Deal: Saying 'No' to the Buyer

Fairly Huge Deal: Saying ‘No’ to the Buyer


Susan Killen is an account supervisor at ZoomInfo, and to today, she nonetheless thinks again to a deal she closed over 20 years in the past. It takes an unlimited quantity of power and output to earn belief. To interrupt it could be so damaging since you’ll by no means get it again. On this week’s episode, Susan tells us what it’s wish to say no to the client and the way it in the end modified the course of the deal.

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Transcript

Stephanie Tonneson: Susan Killen is an account supervisor at ZoomInfo, and to today, she nonetheless thinks again to a deal she closed over 20 years in the past.

Susan Killen: It takes an unlimited quantity of power and output to earn belief. To interrupt it could be so damaging, since you’ll by no means get it again.

Stephanie Tonneson: On this week’s episode, Susan tells us what it’s wish to say no to the client.

Susan Killen: They usually had been fairly shocked. I don’t assume they’ve ever had a salesman inform them no.

Stephanie Tonneson: And the way it in the end modified the course of the deal.

Susan Killen: Once they got here again and stated,”What’ll it take?” I stated,” It’ll take all of this,” which, once more, I’m considering,” There’s no approach.”

Stephanie Tonneson: That and extra on this week’s episode of Fairly Huge Deal. Yeah, I wish to learn about a selected deal that taught you a lesson or that you just realized quite a bit from, or modified the best way that you concentrate on gross sales.

Susan Killen: The account that taught me about no was Nortel, truly. No, there’s the primary two letters of Nortel. They had been an account that I used to be working with years and years in the past, over 10 years in the past. I used to be a brand new account supervisor, so truly over 20 years in the past. That was very completely different for me as the one feminine on my crew in 1996, possibly. I don’t even know what number of years in the past. However yeah, so I didn’t are available in with a ton of credibility. I labored for a army man. All his guys had been saluters. I’m not essentially a saluter kind. I used to be attempting to promote them an embedded database for his or her cellphone switching and routing system. I met with the crew, and nobody on the crew was devoted to the venture. Everybody had different full- time jobs and had been sort of sidelined on the venture. However they had been seeking to make investments some cash, and the infrastructure simply wasn’t going to assist what they wished to do. So I needed to decide fairly early on within the dialog that, with no whole- scale change to your atmosphere and your method, we want some devoted sources on this venture, this isn’t going to achieve success.

Stephanie Tonneson: Within the second the place you realized,” Okay, I’ve to inform them no, although…” What’s going by means of your head in that second? Was there any hesitation?

Susan Killen: Closed misplaced. No. Everyone has received their very own method. My method is anchored on integrity. I completely is not going to and can’t promote you stuff which you can’t use, and that’s simply all the time been my nature. I’ve set to work with these individuals for a very long time. I’ve been doing this 30 years, and I see the identical individuals again and again, so you’ll be able to’t break belief. It takes an unlimited quantity of power and output to earn belief. To interrupt it could be so damaging, since you’ll by no means get it again. As quickly as I spotted that we didn’t have a match, I closed misplaced it within the system. I instructed my boss this wasn’t coming in. I’m like, okay, the one various to dropping a deal is backfill. You’ve received to backfill and discover extra alternatives. That was what was going by means of my head on the time, was,” Okay, not a possibility. We’ve certified it out.”

Stephanie Tonneson: The place had been you when it comes to hitting your quantity at that time? Did you really want that promote?

Susan Killen: Sure. I used to be model new. I had little or no within the door. This was going to be my first massive deal. Yeah, determined for that cash, completely determined for it, however what are you going to do? Take it as soon as after which by no means do enterprise with them once more, or anybody they’ve ever met.

Stephanie Tonneson: Okay, so that you inform them no, after which what occurred?

Susan Killen: I instructed them I didn’t assume the infrastructure was going to assist it, {that a} part- time crew wasn’t going to have the ability to get this performed, and that I didn’t assume we must always put the extent of effort, and I couldn’t make investments my firm’s time and sources into one thing I do know wasn’t going to achieve success. They had been fairly shocked. I don’t assume they’ve ever had a salesman inform them no. The room sort of went quiet they usually had been like,” Properly, what will we do?” I’m like,” I don’t know.” The following day, they got here again and stated,” Properly, what wouldn’t it have to appear to be?” I believed,” Wow. Okay, let’s get some engineers.” We received some engineers collectively and crafted out what it could have to appear to be, despatched it in an electronic mail. I didn’t even arrange a cellphone name for this as a result of I didn’t assume that it could be affordable to count on them to vary their infrastructure and method to this venture primarily based on a 27- year- outdated gal’s evaluation of their atmosphere. Once they got here again and stated,” What’s going to it take?” I stated,” It’ll take all of this,” which, once more, I’m considering,” There’s no approach.” Then two days later they got here again and stated,” Okay, we’re prepared to speak. Assist us with our infrastructure. Get an engineer on. We wish to do that,” and we closed the deal inside per week. For me, it was like$ 85,000 or one thing. 20 years in the past, that was an enormous, massive deal, and Nortel was an enormous firm for us. The corporate I used to be working for was tiny, in order that was actually materials for us. However for me, it was actually eye- opening. Yeah, it was large. It gave me an unlimited quantity of credibility and confidence, and it gave me lots of credibility with our technical workers, truly, which meant I might get sources extra simply as a result of they believed I wasn’t a jackass or a jerk.

Stephanie Tonneson: What’s your recommendation to different salespeople?

Susan Killen: Recommendation to different salespeople. Belief your intestine. Be sincere. Be a mensch. Be an individual. You’re coping with different individuals. Integrity, that’s your stock- in- commerce. When you’re going to have a profession that lasts past 10 years, you’re going to be working with these similar individuals over and again and again, and should you do nice by them, they possibly inform 4 or 5 individuals how nice you’re. You do fallacious by them, they inform all people they know, dozens of individuals, how dangerous you’re. There’s quite a bit to lose, and it does come again. So I’d say, when doubtful, should you’re attempting to decide on between your personal well- being or the client’s well- being, the client’s well- being is your well- being. You all the time want to decide on their well- being.

Stephanie Tonneson: This episode of Fairly Huge Deal: Tales from the Gross sales Flooring options Susan Killen from ZoomInfo and was produced by me, Stephanie Tonneson. If in case you have a fairly large deal you wish to inform us about, tell us by writing in to prettybigdeal @ zoominfo. com. In any other case, we’ll see you on the subsequent episode.

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