Dr. Gleb Tsipursky – The Office Whisperer
Cat Johnson – Coworking Marketing Maven
Angela Howard – Culture Expert
Drew Jones – Design & Innovation
Andrea Pirrotti-Dranchak – Competitive Advantage
Jonathan Price – CRE & Flex Expert
Jeremy Fennema – Tech Innovation Alchemist
- In the past, sales professionals used more aggressive techniques that included the “Always Be Closing” (ABC) method that David Mamet made famous in his play “Glengarry Glen Ross” (1992)
- Society cultivated a negative stereotype around sales, but the contemporary sales professional has developed new techniques built around relationships and shared values.
- The future of sales will be heavily influenced by technology, personalization, and community.
For many years, “Always Be Closing” (ABC) was the go-to sales technique.
Today, however, most experts believe it’s not effective. The sales world is changing fast, and new strategies are proving to be much more viable in the modern era.
But what about tomorrow?
What does the future of sales look like as we move into a post-Covid economy?
Could sales strategies shift once again towards something completely different?
Sales strategy is an integral part every business — just like marketing, lead generation, accounting, and customer service.
Join us on a journey through the evolution of sales strategies, starting in the early ‘90s with ‘always be closing’ and finishing…somewhere in the future.
Always Be Closing (ABC) meaning
Always Be Closing-(ABC) is a sales strategy whereby the salesperson does whatever’s necessary to get a deal over the line.
The mantra entered the common lexicon when it was used in the 1992 film Glengarry Glen Ross. The film’s writer, David Mamet, based it on his 1984 Pulitzer Prize-winning play of the same name.
In the film, the character of Blake, played by Alec Baldwin, is bought in from a real estate agent’s corporate office to get the agents to sell more, telling them they’ll be fired if they fail to meet their targets. His approach is aggressive, to say the least!
During one of his tirades, Blake flips over a blackboard to reveal the phrase: “Always Be Closing”, which he repeats incessantly.
The strategy backfires, however, because the agents use a variety of unethical approaches in order to meet their targets and not get fired.
Despite the cautionary tale, ABC became a popular strategy in the real world for all kinds of sales professionals.
ABC encourages salespeople to try desperate, largely ineffective methods such as cold calling, lying, and emotional manipulation.
In one pitiful scene, the sales executive played by Al Pacino gets a client drunk (Jonathan Pryce) and over the course of he evening breaks him down emotionally until agrees to buy some expensive investment property.
Today, most experts operating in the business world agree that ABC isn’t an effective approach. According to a 2018 study by CSO Insights, salespeople spend just 35% of their time selling or getting deals over the line.
The majority of their time is spent on sourcing leads, following up with customers, planning, strategising and completing admin tasks.
One of the main reasons for ABC’s demise is that unlike in the ‘80s and ‘90s, the modern consumer has a wealth of information and choice at their fingertips.
These days, most consumers like to shop around online, research and read reviews before they commit to a purchase. A pushy sales pitch just won’t wash.
With the internet comes a certain type of freedom.
According to a Digital Commerce 360 analysis of U.S. Department of Commerce data, a decade ago, ecommerce accounted for around 7% of total retail purchases. Online sales now represent nearly 20% of spending through all channels.
Modern alternatives to “Always Be Closing”
The film “Glengarry Glenn Ross” exemplifies the negative stereotype of the “salesman” as the predator in the used car lot waiting to overcharge a vulnerable customer — much like the Cohen Brothers did in the 1996 movie “Fargo.”
In “Fargo,” William H. Macy plays a desperate car salesman who has his wife kidnapped so he can extract a ransom from her wealthy father, but ends up getting her murdered instead.
The negative trope of the salesman isn’t a new phenomenon.
Many American high school students will find Arthur Miller’s play “Death of a Salesman” (1949) on their required reading list.
If the title is any indication, Miller portrays the sales professional in a painfully unflattering way. The play is a regular hit on Broadway and was made into a TV movie in 1985 with Dustin Hoffman in the lead role.
As a result of changes in consumer behaviour, today’s salespeople are spending less time “closing” and more time on relationship building.
Although it doesn’t have the same ring to it, perhaps “Never Be Always Closing” NBAC is a more appropriate phrase for today’s sales landscape. Never Be Always Closing is about waiting for the customer to tell you they’re ready to take the next step.
The process is more organic and the emphasis is on building brand loyalty.
Many other sales strategies and approaches have proved to be effective in business.
Value-based selling, consultative and solution selling, SPIN, and Challenger Selling are some of the most popular ways people sell products and services across a variety of industries today.
Contemporary sales strategies are heavily influenced by the following:
1. Technology
The most successful-commerce businesses use technology to source and nurture leads, and engage customers with their brand beyond the point of purchase.
If you have lots of leads in your pipeline, keeping a handle on them is much easier with the help of CRM (Customer Relationship Management) software.
CRMs make it easy for you to qualify leads and segment data, capturing the potential customer’s information when they first interact with your brand online.
They provide an insight into customer preferences and use predictive AI to provide customers with the solutions they’re looking for.
2. Personalisation
According to Salesforce’s State of Sales report, 72% of business buyers expect vendors to personalise engagement to their needs.
Personalisation in a sales context means tailoring the buying experience to the specific needs, pain points, and challenges of the customer while making them feel valued.
A report by McKinsey Digital reveals that businesses can drive 5-15% increases in revenue and 10-30% increases in marketing efficiency through personalising the buyer experience, primarily by using technology to trigger product recommendations.
Just 15% of CMOs think their firm is on the right track when it comes to personalization though, so there’s lots of room for growth in this area.
3. Community
Today’s customers expect more than a transactional relationship.
They want what most humans want: to feel a sense of belonging. They also want to buy – and buy in – to something that aligns with their own values and expectations.
70% of consumers want to support brands that address social and environmental issues, and 46% evaluate a brands’ social responsibility efforts when they look to make a purchase, according to a survey by Markstein.
In this sense, the main onus has been taken off the individual salesperson and placed on the brand as a whole.
Salespeople are leveraging online communities on social media channels like LinkedIn and Instagram to nurture and contribute to consumer communities. While this approach might not translate into immediate sales, it helps build trust and awareness.
The future of sales
One new alternative to ABC that’s currently gathering steam is “Always Be Helping” (ABH). This is where the salesperson helps the client make the right decision based on their specific needs.
In certain cases, “always be helping” might involve the sales rep recommending a product or solution that they’re not even selling.
Although this approach may seem counterproductive on the surface, it helps create a strong sense of trust that can pay off in the long run.
Always be helping starts with the identification of a problem: what does your customer need help with? Next, you ask yourself where your prospect is in the decision-making process.
Are they ready to commit to a purchase?
Previously, digital selling techniques might have been seen as a secondary strategy to more traditional methods. Today, sales organisations must be able to prioritise digital interactions, and in some cases rely on them entirely.
Use every digital tool at your disposal to find, qualify, and sell leads. Automation will also become increasingly important in the post-Covid sales economy.
“In the next three-to-five years, the sales function will be completely based upon artificial intelligence,” says Eric Quanstrom, CMO of Cience in a HubSpot article. “Specialized training will be required. More specific roles will emerge, rather than a salesperson trying to do everything. Roles may disappear entirely.”
According to Matt Sunshine, Managing Partner of The Center for Sales Strategy and LeadG2, the role of the salesperson will become more specialised. Historically, salespeople have been responsible for lots of moving parts: lead generation, customer re-engagement — and everything in between.
“The process will be broken up into a few parts — depending on what you are selling — with one person focusing on each part.
“Lead generators and marketers will produce leads, project managers will do research and pre-sale activities, account executives will conduct discovery work, presentation, and deal closures, and account managers will implement what’s been sold — all while providing the customer service.”
Despite our growing reliance on technology, face-to-face interactions and interpersonal skills will continue to play a role in the future of sales.
Even when most staff are remote working, companies can still book flexible space in shared office spaces to facilitate in-person meetings with clients and pitch major sales.
If you’d like to learn more about flexible workspace and the changing world of office real estate in a post-Covid world, check out Allwork.Space.
The bottom line
“The ability to move others to exchange what they have for what we have is crucial to our survival and our happiness. It has helped our species evolve, lifted our living standards, and enhanced our daily lives,” Pink writes.
Pink’s conveys how the ability to sell is by no means confined to the world of commerce:
“The capacity to sell isn’t some unnatural adaptation to the merciless world of commerce. It is part of who we are. As you’re about to see, if I’ve moved you to turn the page, selling is fundamentally human.”
Even before the pandemic, the sales world was already moving towards increased digitisation with a growing emphasis on AI.
Covid-19 has accelerated the transition towards new strategies and relegated Always Be Closing to the sales history books for good.
Cloud computing, recurring monthly revenue models, client success management, and solution-based selling models aim to develop prospects into lifelong customers.
As the pandemic accelerates the move away from this mentality at a faster pace than many of us expected, it’s important to act quickly.
If you don’t change your sales strategy fast, you could be left behind in this fast-moving, post-Covid economy.
Whatever the future of sales is, it’s never been a more exciting time for the profession.
By having the experts look at where sales has been and where it’s likely going, it’s clear to see the future leaves plenty of room for innovation, education, and an abundance of successful salespeople.
FAQs
1. Where did the phrase ‘Always Be Closing’ come from?
The phrase “Always Be Closing” was popularised by the 1992 film Glengarry Glen Ross. It’s a sales strategy that promotes closing a business deal by any means necessary.
2. Why do most sales professionals no longer use the ABC method?
Buyers’ mindsets and behaviours have changed, which is why successful sales professionals no longer use the ABC method. Consumers have access to information at their fingertips and don’t like to be pressured into purchasing something. Today, the focus is on Always Be Helping, even if this is at the expense of a quick sell.
3. What are the predominant sales strategies today?
Two examples of predominant sales strategies today are a) social selling, where salespeople focus on building relationships with buyers, and b) personal selling, which hones in on one-to-one email, phone, video or in-person communication.
4. What does the future of sales look like?
The future of sales will be increasingly automated, personalised and empathy-driven. Salespeople will be required to upskill and focus on the interactions and qualities that technology can’t provide, such as empathy and creative thinking.
5. Where did negative stereotypes of sales professionals come from?
Negative stereotypes of sales professionals come from depictions of salespeople as lacking empathy, or adopting an always being closing approach. The fact is, many salespeople are empathetic individuals, and these days lean towards an Always Be Helping approach.
6. Why is effective selling essential in business and life?
Effective selling is critical in business because it helps you attract customers and build brand loyalty. Selling skills can help you get your point across in general life, too.
