Jim Blasingame

Business futurist, award-winning author, speaker and columnist

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Sales / Sales Management

Storytelling Gave Birth To The Marketplace

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Cogito ergo sum. French philosopher Rene Descartes proposed this idea in 1637, which translates to “I think, therefore I am.” Certainly, the power of abstract thought is what separates humans from other animals.

Anthropologists now believe Homo sapiens succeeded, unlike other members of the genus Homo, Neanderthals, and Cro-Magnon for example, because their (our) brains had a greater capacity for speech and language. Today Descartes might modify his philosophy to “I think and speak, therefore I am.”

In Wealth of Nations, Adam Smith proposed the written word as one of the three great human inventions; the other two are money and mathematics. But long before humans were writing we were telling stories. And these stories – told, memorized, and retold over millennia – became the headwaters of human development. And here in the third decade of the 21st century, humans still love to tell stories almost as much as we love to listen to them.

Another thing that’s older than writing is the marketplace. Long before Madison Avenue ad copy, merchants were verbalizing the value and benefits of their wares. Clearly, early business storytelling was the origin of modern selling skills.  [Continue Reading]

The “Customer? What Customer Syndrome?” Part II

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Last week you were introduced to a dangerous trend in the marketplace, which I’ve named the “Customer? What Customer? Syndrome,” or CWCS. This condition is found in companies that are more concerned with competitors than with customers.

You learned that Level One CWCS infects employees who have received little or no training about the direct link between customers and their employer’s success and, therefore, their paychecks. Level One is dangerous but not hopeless because those so afflicted can be cured with better hiring and training.

Now let’s talk about Level Two CWCS, which only afflicts managers. Level Two is more troubling and organizationally more devastating because it occurs at the top, where strategic decisions are made.  [Continue Reading]

Age of the Customer Prospecting Rules for the Age of the Pandemic

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Since 1993, control of the three major elements of your customer relationships – product, information, and buying decision – has shifted from your business to your customer. This marketplace transition is, by definition, a Biblical proportion paradigm shift from the original, 10,000-year-old Age of the Seller, to the new Age of the Customer.

This shift has created many disruptions across the marketplace, but none more than to the discipline of professional selling. More specifically, the element that has been disrupted most is business-to-business prospecting.

If your sales effort isn’t getting the job done, it’s probably not because your sales team isn’t working hard enough or has forgotten how to close – a process that has not been disrupted. It’s because the rules of prospecting have been turned upside-down. Here are four facets to this prospecting shift: [Continue Reading]

Five marketplace truths about human customers

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Spend time in the marketplace and you’ll have many close encounters of the third kind with the most interesting species in all of nature: the human customer. And as we’ve learned, the nature of this being isn’t much different from other animals: All need to breathe, eat, drink, procreate and survive.

But there is something that clearly sets human customers apart from other fauna: sentience. And one of the manifestations of this self-awareness is that beyond what customers need, they’re the only lifeform on planet Earth that also wants. Your customers want things.

Every human who owns an automobile will need to buy new tires. But what they want is to keep the family safe without spending an entire Saturday shopping for tires. So, if you’re in the tire business, should you advertise that you sell tires, which are commodities that the Big Boxes can sell cheaper than your cost? Or should you develop, market and execute a customer loyalty program that combines peace-of-mind for the customer’s family with pick-up and delivery? How about this tagline:

“Let us help you keep your family safe when it’s time for new tires, and we’ll give you your Saturday back.”

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Mastering the sales discipline to shut up

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Contrary to what you’ve heard, selling is the oldest profession, because “In the beginning” the serpent sold the apple to Eve. You might say she bought wholesale and then sold the apple retail to Adam. And as we now know, that was one expensive transaction.

A key characteristic that clearly separates humans from the other animals identified in Genesis is ego. And while ego can be a beneficial motivator in selling professionally, in order to do that successfully, we must do something that’s in direct conflict with our ego – we have to let someone else talk more than us.

So, when you’re on a sales call – face-to-face with a prospect – what do you do? Do you unload the dump truck of stuff about products, pricing, etc. that your company installed in your head? If that’s your answer, your professional selling career is doomed.

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Cloud computing is awesome. But not always.

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In aviation, being “in the clouds” is a universal flight condition referring to a pilot’s inability to see the ground.

It’s also a common lament of parents about the troubling coordinates of a teenager’s head, which might seem to be “in the clouds.”

In the 21st century, “in the cloud” is a reference that has established itself in the marketplace vernacular as the interaction and delivery point between providers of “cloud-based” digital applications and customers.

Cloud computing is the availability of incremental processing power that resides on an application provider’s servers, instead of your hard drive. For example, community-building technology, like social media platforms. When you post something on Facebook, you’re in the cloud. When you conduct online banking, sell a stock, or hail an Uber from your smartphone, you’re doing that in the cloud. If you use Google’s G Suite of office products, or Microsoft Office 365, all are cloud-based.

No question, cloud computing is another example of technology increasing business efficiencies and leverage. And for small businesses, it’s been a godsend, because it not only gives us access to Big Business-like leverage, it’s also offered at an incremental price that fits our diminutive budgets.

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