How often have we watched someone, or been that person, who’s standing in the lobby ringing the bell again and again as though that continued effort would actually speed up the elevator’s arrival? Doesn’t make sense, does it? Yet all of us, in many contexts, are subject to the same kind of conditioned behavior that wastes time and resources and completely fails to move us closer to our goal. That’s called wheel spinning, and in sales it is a costly and draining activity.
Neil Rackham’s seminal book, Spin Selling, focuses on this significant problem by talking about continuations and advances. The latter move the sales process closer to a resolution while continuations have you dog-paddling in place, and over time are like being stuck in the mire. Advances can be small or large, but they all move you towards the finish line. They include activities like scheduling the next sales meeting, making a webinar presentation or simply getting the name and title of a particular decision-maker. An advance may also disqualify a “suspect” by confirming he’s not at all open to an insurance review, and while that may not be what you want to hear, it resolves the situation, or as we say at PMA, it gets that target business ‘off the radar.’ Continue reading →