Toronto, ON
info@salesconsciousness.com
Introduction
I know that the term 'ethnic silo' can sound strange to people that live outside Canada. 'What's that?', you might say. I'm going to explain, among other things, the term few lines below. The purpose of this article is to describe one of the most important sales coaching conversations of the coaching process that a Sun Life adviser and I had. This helped her to start selling outside her 'ethnic silo'. She is originally from one Latin American country and arrived to Canada few years ago. What happened in this conversation and in the whole process brought her more money, a bigger, much more bigger market and a lot more opportunities to sell.
I wrote this article trying to be precise in the details of the coaching conversation that we had. Also, I added comments, where I judged appropiate, about the reason why I asked the questions I asked.
Briefly, when immigrants arrive to Canada, some of them, ''tend to live in 'ethnic silos' and use their native language'' (Here I'm quoting Naeem Noorani: this is his web site).
Coach: -"Right. We need to create a specific strategy that you can execute in order to start selling outside the Hispanic community, particularly to Canadians, as one of your main selling goal."
Financial Adviser: -"Yes"
Coach: -"Now, I must ask you this, lets say that you can start selling right now outside the Hispanic community, particularly to Canadians, do you know to whom exactly are you going to sell? Do you know where to start?"
Financial Adviser -"Yes. Our manager gave us several lists with qualified prospects. I can start calling them, you know, cold calling."
Financial Adviser:-"He gave us the list more than three months ago."
Coach: -"And?"
Financial Adviser: -"Yes, I know but..."
Coach:-"What is your plan? How are you going to sell to this desired market?"
Coach: -''Now, what exactly is stopping you or has stopped you from doing it since you have those lists three months ago?''
Financial Adviser: -"I don't know. Could be fear. No, I don't know.
Financial Adviser: -"I don't know... (sighs)... no, I know: one is to froze in the middle of the phone call... to arrive to a point where I don't know what to say."
Coach: -'But a lot of other things could happen, besides frozen yourself, like positive ones, right?'
Financial Adviser: -'Yeah... sure...' (As if she hasn't ever consider the possibility of something different, besides freezing in that moment, could happen.)
Coach: -What other fear do yo have or has you? Yes, you don't have fears, fears have you, if not what's the whole point? Right now they have a grip on you that's why I have to keep asking: what other do you have?
Financial Adviser: -To freeze in the sales call, to freeze in front of my client during the interview because I don't know what to say next or because I can't find the right words in English.
Coach: -"Aand, how do you plan to solve them?
Financial Adviser: -"Mee?! OK, me. The freezing during the phone call can be solved with a telephone script specially designed for those phone calls... and (like an AJA moment) our manager gave us one when he gave us the lists. He said, 'don't improvise, only Beethoven improvise. (She feels relieved after she says this.) But, I have almost never used a telephone script, almost all my clients come from referrals, networking events. I have never or in very rare occasions used one. But well, it seems like I'm going to use one.
Financial Adviser: -"No, I don't think so. I speak English very well. When we meet with my manager and in other places I speak English and remember that I have been here for more than 8 years so I don't think the language could be a problem and I know that if at any moment I have problems with words they will help me. When I spoke to native English speakers and I can't find the word or the expression that I want to use, I explain to them what I want to say and they help me and no, I can't think in other reason rather to explore a new territory."
Coach: -"And you think you can do that while you are at the sales meeting? Because we have solved the problem, at least part, with the cold calling, now, do you know exactly what to do during the sales meeting to close the deal?"
Financial Adviser: -"No, but I don't think that it would be too different from the ones that I do in Spanish. I do my presentation, I ask the client several questions, I make rapport and at the end, I ask them for the business or they decide by themselves to sign."
Coach: -"...too different..." well no, you will find that too. (I smile.) That they are not 'too different' and I think that that's one of the causes of your fear. I don't know why you are making them "... too different..." from your Hispanic clients... they are just clients and you will find that they are alike, too alike I must add, with their differences but not too many."
Financial Adviser: -"Yeah, you are right! Just clients. I feel like it's going to be tested, like if I am going in search of their approval, not their business. Sometimes I see them too big and not, as you said, they are just clients (sighes and smiles).
Financial Adviser-"Start calling to the prospects that I have on my list tomorrow and rehearse mentally the sales interview but now in English and write an agenda, in English too. Lets say, I'm going to build a template in English. I'm going to ask my manager if he doesn't have one. He gave us the telephone script but nothing for the interview. Also, I will use the telephone script, at least at the beginning. After some phone calls I think that I will be able to go on my own. (smiles)"
Coach -"Sounds good. Another question: I know that you have a long selling career and you have sold insurance for sometime ago (she nods) and I know that your portfolio is mainly 90% Hispanic and we know that there is nothing wrong with that but my question is: have you ever sold to an native English speaking prospect? And if yes, what happened?"
Coach: -"So, what are you going to do?"
Financial Adviser: -"Again? OK, prepare the telephone script, take out the list, rehearse a sales meeting in English, take some notes and start calling. Other thing that I should do is to ask one of my colleagues to go with him and watch him selling, ask my manager if he has some tool or guide to handle the meetings and like you said (I never said this but it doesn't matter.) I just need to start. Thank you. Thanks a lot. I feel a lighter and excited!"
Coach: -"That's great!! See you next week."
Final Comments:
Immediately after that session, she made several cold calls. She was surprised when two of her clients went to her office to buy the insurance. After several false starts she is now selling to new markets, earning much more money than before and finding more interesting markets for her selling career.
November 5th, 2009
Toronto, ON
info@salesconsciousness.com