July 13, 2020

#Sales 7: 5 Ways To Sell Against Your Competitor w/ Mike Paladino

Don’t pretend your competitor doesn’t exist. Your potential customers know about them, and have most likely already evaluated them. Acknowledge the elephant in the competitive landscape, and know how you compare. Don’t get caught off guard! Mike Paladino, Global Head of Sales at PandaDoc sits down and we explore how knowing your competition and learning how to sell against them feeds your bottom line.  

Focusing his expertise in the software sales space has established Mike as a strong Global Head of Sales for PandaDoc.

What we talked about:

  • Your potential customers know your competitors, and so should you.
  • Respect and learn how to sell against the competition. 
  • Establish and maintain connections regardless of the sales outcome.

This #Sales episode is hosted by Patrick Downs, Sales Enablement & Training Manager at Pandadoc.

You can find this interview, and many more, by subscribing to the B2B Growth Show on Apple Podcasts, on our website, or on Spotify.

Transcript
WEBVTT 1 00:00:05.120 --> 00:00:08.669 Think about your competitors is like fierce warriors. I think that we need to 2 00:00:08.710 --> 00:00:11.949 have respect for the people we sell against, because capitalism, baby free market. 3 00:00:13.070 --> 00:00:16.550 Welcome to the BDB gross show. I'm your cohost, Patrick downs, 4 00:00:17.309 --> 00:00:20.829 the eternal sales and amlement and trading manager at pantadoc. If they'll let me, 5 00:00:21.660 --> 00:00:24.859 today we're going to be talking about five ways to sell against competitor. 6 00:00:25.379 --> 00:00:29.739 I'm here with Michael Palladino now, and affectionately as pal internally, is the 7 00:00:29.780 --> 00:00:33.859 head of sales here at PANTADOC. Thanks for being here at PAL introduction. 8 00:00:34.579 --> 00:00:38.049 Thank you so much for having me. As you mentioned, Mike Palladino, 9 00:00:38.170 --> 00:00:42.049 head of sales, been here for almost four and a half years now, 10 00:00:42.090 --> 00:00:46.170 so seeing a whole lot of different things and I'm happy to have the opportunity 11 00:00:46.170 --> 00:00:49.049 to share some stuff with you today. Yeah, I don't think we've ever 12 00:00:49.090 --> 00:00:52.640 had this kind of conversation. It's usually more like behind closed doors. That's 13 00:00:52.759 --> 00:00:56.799 can go kind of thanks. I'm excited. Yeah, absolutely, it'll be 14 00:00:56.840 --> 00:01:00.960 fun. All right, I want to start about how you internally view the 15 00:01:02.079 --> 00:01:07.030 competitive landscape. While you're selling, how are you thinking about your competitors? 16 00:01:07.069 --> 00:01:11.430 Yeah, I think it's a great question and I I actually believe that you 17 00:01:11.510 --> 00:01:15.510 should kind of have two schools of thought on this internally, one is your 18 00:01:15.629 --> 00:01:21.099 client facing opinion of your competitor and then your internal opinion of your competitor. 19 00:01:21.299 --> 00:01:26.219 So by internally right, like we at Pantadoc, we have a mission to 20 00:01:26.659 --> 00:01:30.980 beat some of our competition. However, when we're we're in, you know, 21 00:01:30.060 --> 00:01:37.049 a conversation with a prospect who might be evaluating to it's much more about, 22 00:01:37.769 --> 00:01:42.010 you know, respecting the competition, giving them some credit, especially stuff 23 00:01:42.010 --> 00:01:45.930 that has brand recognition in the market, so that we don't look like fools 24 00:01:46.290 --> 00:01:49.920 as experts in the space, we should be very well versed in the competition. 25 00:01:51.359 --> 00:01:57.200 So I think that there's a fine line between knowing your competition educating your 26 00:01:57.319 --> 00:02:00.159 buyers on you know, making sure that they're making the right decision, because 27 00:02:00.200 --> 00:02:06.750 that's ultimately our job if we're going to be customer centered and being consultative about 28 00:02:06.829 --> 00:02:09.710 strengths and weaknesses based off of the specific use case, and try to be 29 00:02:09.710 --> 00:02:14.870 as honest as you possibly can. How often are you recommending like hey, 30 00:02:14.949 --> 00:02:17.539 maybe this isn't a great fit, maybe there's somebody else even giving a name? 31 00:02:19.300 --> 00:02:22.580 Is that common for you? Oh, absolutely. You know, I 32 00:02:22.979 --> 00:02:28.060 think that it's it's really important for us to be considered trusted advisors as sales 33 00:02:28.139 --> 00:02:31.090 folks. So of course it goes back to sort of that honesty topic, 34 00:02:31.250 --> 00:02:36.250 but it's also a tactic to try to sort of try to maybe create some 35 00:02:36.370 --> 00:02:39.650 momentum with an opportunity of things are stolen out and you know, maybe there 36 00:02:39.810 --> 00:02:45.120 is a competitor who might might be a better fit or a competitive fit. 37 00:02:45.680 --> 00:02:51.759 Suggesting that somebody maybe go with a competitor is is almost playing hard to get 38 00:02:51.759 --> 00:02:54.240 sort of with with the prospect you know, go ahead and see what the 39 00:02:54.319 --> 00:02:58.280 other what the what the other folks on the market might be able to do. 40 00:02:58.479 --> 00:03:02.030 You'll be back alluding to that. I think is is is useful. 41 00:03:02.229 --> 00:03:07.789 However, they're also like situations where, if your solution really can't provide the 42 00:03:07.830 --> 00:03:14.060 value that the buyers looking for, better to maintain the relationship as a trusted 43 00:03:14.060 --> 00:03:19.580 advisor and consult them on on the proper solution at this point, because in 44 00:03:19.620 --> 00:03:23.780 the future they might come back for something else, they might need a different 45 00:03:23.780 --> 00:03:27.020 type of a solution in the future, and they're going to remember that client 46 00:03:27.099 --> 00:03:30.889 experience. They're going to remember that that person who they could trust and they'll 47 00:03:30.889 --> 00:03:32.930 come back. Yeah, I mean, the last time I gave a suggestion 48 00:03:34.009 --> 00:03:38.129 for a competitor, I actually got a netflix recommendation in return, which was 49 00:03:38.169 --> 00:03:40.090 kind of a win win for me, since that that was my weekend. 50 00:03:42.479 --> 00:03:45.439 That you never know. Yeah, I mean, Hey, you learn something 51 00:03:45.479 --> 00:03:50.759 every day. There's always there's always something funny that might happen on a call. 52 00:03:50.879 --> 00:03:53.400 That's not the outcome that you were looking for. And if it's good 53 00:03:53.439 --> 00:03:57.750 contents, good content. I'm sure you appreciate that a hundred percent. And 54 00:03:58.030 --> 00:03:59.870 I used to be like, look, if you're not going to buy, 55 00:03:59.870 --> 00:04:02.270 always go like by Linkedin Post. I need more traction. You know something, 56 00:04:02.389 --> 00:04:06.270 I need something the trade right, like you got to win something, 57 00:04:06.389 --> 00:04:11.219 you gotta you gotta score somehow. They're right. Yeah, and what is 58 00:04:11.259 --> 00:04:14.219 a common thing you might try to go for, like hey, this might 59 00:04:14.259 --> 00:04:15.899 not be a good fit, but maybe something else we can do together, 60 00:04:15.939 --> 00:04:18.740 or there something you can get out of the interaction? Yeah, I mean, 61 00:04:18.980 --> 00:04:21.860 you know, one thing that I tend to rely on as a sales 62 00:04:21.899 --> 00:04:27.129 leaders, if I noticed that we might be moving in a direction where we're 63 00:04:27.129 --> 00:04:30.970 not the best fit, I try to open up myself as a resource to 64 00:04:30.089 --> 00:04:34.889 maybe trying to help with workflows or anything internally for their sales leadershift team. 65 00:04:34.930 --> 00:04:39.480 Even with current customers, were doing this too. It's almost like an added 66 00:04:39.519 --> 00:04:43.199 bonus. With some of our some of our customers who are using like fringe 67 00:04:43.560 --> 00:04:46.680 features in the product and not really our core usage will like have a consultation 68 00:04:46.839 --> 00:04:51.560 conversation with antidox sales leadership, and it's really it's really fun for me because 69 00:04:51.600 --> 00:04:55.790 it's like you just kind of get to talk shop, similar to what we're 70 00:04:55.790 --> 00:04:59.910 doing here in the way where you're really just trying to speak with like minded 71 00:04:59.949 --> 00:05:03.509 individuals and learn something yourself as well. But yeah, I mean there's there's 72 00:05:03.550 --> 00:05:09.139 there's other ways you can do it too, like maybe share some content that's 73 00:05:09.139 --> 00:05:13.139 not relevant to the to the product that you were selling before, just to 74 00:05:13.259 --> 00:05:15.220 try to keep that kind of like relationship going. Like a thought of you 75 00:05:16.060 --> 00:05:20.449 here, something that maybe you I thought you might find interesting. It's sort 76 00:05:20.490 --> 00:05:25.490 of like light fishing where perhaps they are thinking of you and something changed on 77 00:05:25.529 --> 00:05:29.610 their and it's worth while to have another conversation or even a referral. You 78 00:05:29.689 --> 00:05:34.329 know, if you can maintain relationships interact with folks on social media you're going 79 00:05:34.370 --> 00:05:38.879 to start to see some stuff come back to you, even in those situations 80 00:05:38.959 --> 00:05:42.240 where it might have been a loss on that initial all it's so important to 81 00:05:42.279 --> 00:05:45.759 set up the boomerang. At I we get a lot of our business from 82 00:05:45.759 --> 00:05:48.439 boomerangs. I mean it feels like sometimes like forty percent of what I was 83 00:05:48.560 --> 00:05:53.670 closing with stuff that just came back, and it was sometimes a deal that 84 00:05:53.709 --> 00:05:57.629 I thought ended like pretty conclusively. There's no way we can move forward as 85 00:05:57.709 --> 00:06:00.069 is over, but I try to give them a decent experience at the end 86 00:06:00.110 --> 00:06:02.509 of it and the ended up coming back, and so you never know it's 87 00:06:02.550 --> 00:06:05.259 going to happen and that's why I think it's so important to just not be 88 00:06:05.939 --> 00:06:11.259 cool. Yeah, and that scenario, and especially when you're working in like, 89 00:06:11.459 --> 00:06:13.939 you know, the space that we're in, where we're a part of 90 00:06:14.019 --> 00:06:16.860 a text stack. You know, quite often people think about what they need 91 00:06:17.569 --> 00:06:21.329 and they just go to market evaluate a bunch of things and then they prioritize 92 00:06:21.370 --> 00:06:27.290 sort of the order with which those those evaluations might take place, generally crm 93 00:06:27.410 --> 00:06:31.490 being the number one project and the source of strain and stress during some sort 94 00:06:31.569 --> 00:06:35.920 of a transition like that. You know, added Bonus added value tools like 95 00:06:35.959 --> 00:06:41.519 Antodoc in that crm. You know, workflow might be project number two. 96 00:06:41.560 --> 00:06:43.720 So that's part of the reason why I think we see a lot of those 97 00:06:43.720 --> 00:06:47.310 boomerangs and if you're in that type of space, it's almost even more crucial 98 00:06:47.790 --> 00:06:51.350 for you to maintain that good that good customer relationship. I'm sure that's why 99 00:06:51.430 --> 00:06:55.389 you capitalized off of a lot of that stuff. was was due to your 100 00:06:55.430 --> 00:06:59.350 own your own flare and your own ability to build relationships with those folks a 101 00:06:59.709 --> 00:07:03.060 hundred percent and just sort of pivoting off of that. When you get back 102 00:07:03.100 --> 00:07:08.500 into that conversation and there's, you know, maybe a different competitors, a 103 00:07:08.540 --> 00:07:14.100 different conversation, how are you framing it right? What is your process when 104 00:07:14.139 --> 00:07:16.089 someone brings up a competitor? If it is a good fit and we're going 105 00:07:16.209 --> 00:07:19.009 head to head, like apples to apples, how do you sell? Well, 106 00:07:19.009 --> 00:07:26.930 I think it generally it's important to hear it and not react to aggressively. 107 00:07:27.009 --> 00:07:31.920 Almost it's like you should presume that your buyers are going to look at 108 00:07:32.000 --> 00:07:36.079 the competitors in your market right like if they're if they're a smart buy or 109 00:07:36.079 --> 00:07:41.680 they would do that. So don't be surprised when someone brings up a competitor 110 00:07:41.759 --> 00:07:44.790 on a call or even on a boomerang. In that situation, it's to 111 00:07:44.870 --> 00:07:48.350 be expected, right. So if you are prepared to hear that the competition 112 00:07:48.750 --> 00:07:53.110 is is, you know, potentially has a seat at that table, I 113 00:07:53.189 --> 00:07:58.740 think it's really important to do what we said before and and respect the buying 114 00:07:58.860 --> 00:08:03.019 process and give them a little bit of credit for the the way with which 115 00:08:03.060 --> 00:08:07.139 they're evaluating because, you know, you can even say what I just said. 116 00:08:07.180 --> 00:08:09.819 They're oh, yeah, of course you're an educated buyer like I would 117 00:08:09.819 --> 00:08:13.569 expect you to take a look at the competition and you know there's a reason 118 00:08:13.649 --> 00:08:18.449 that sign is the leader in the space. They have a great solution and 119 00:08:18.529 --> 00:08:22.649 they have an awesome, you know, chunk of the market for a reason. 120 00:08:22.850 --> 00:08:26.319 You know, like that's that's a pretty a pretty nonthreatening way to give 121 00:08:26.480 --> 00:08:31.959 the buyer a bit of a egostroke when you telling their doing a good job. 122 00:08:31.279 --> 00:08:35.200 And then, by the same token, if you listen to what that 123 00:08:35.399 --> 00:08:39.759 buyer is saying, there's nothing wrong with educating them in a transparent way about 124 00:08:39.200 --> 00:08:45.070 maybe the pitfalls of the of the competitors based on their workflow, and giving 125 00:08:45.110 --> 00:08:48.509 them a as close to an apples to apples comparison, but making sure that 126 00:08:48.590 --> 00:08:54.710 it's quite clear that we're comparing apples to oranges and specify that we're different for 127 00:08:54.830 --> 00:08:58.500 a reason and that's why you want to go with us. Yeah, and 128 00:08:58.940 --> 00:09:03.379 on your point of when people are kind of like patting your ego little bit. 129 00:09:03.419 --> 00:09:07.139 I was on a demo once. I mentioned that we were using a 130 00:09:07.220 --> 00:09:09.409 competitor already and he was just like, dude, that's awesome. I'm so 131 00:09:09.570 --> 00:09:13.129 glad you already know where you're shooting, like you already hit the bulls eye, 132 00:09:13.490 --> 00:09:16.529 like I want to help you like go even further. Yeah, I 133 00:09:16.570 --> 00:09:20.250 have to say that it's generally a positive for me if I hear someone bring 134 00:09:20.289 --> 00:09:26.600 up the COMP competition early stages, for sure, because your buyers much more 135 00:09:26.639 --> 00:09:30.159 educated. That's going to make your job a lot easier. Sometimes that's a 136 00:09:30.200 --> 00:09:35.000 double edged sword because you start talking about how we're different specifically, and that's 137 00:09:35.039 --> 00:09:37.710 not really the conversation you want to have. The conversation you want to have 138 00:09:37.909 --> 00:09:43.789 is understand what the buyer needs, how you can solve that problem and confidently 139 00:09:43.909 --> 00:09:46.990 put forward that our product is the right thing, regardless of that external that 140 00:09:48.190 --> 00:09:54.139 external factor. But sometimes it's tough to to get somebody's mind off of a 141 00:09:54.259 --> 00:09:58.580 competitor if they came from it right. So like a transition from a competition 142 00:09:58.779 --> 00:10:03.659 to, say, panted doc on a renewal. Sometimes those conversations are a 143 00:10:03.659 --> 00:10:09.009 little bit more difficult because you're really trying to give them a vision that's different 144 00:10:09.049 --> 00:10:11.610 than something that they're used to. So it's a little bit more subtle in 145 00:10:11.690 --> 00:10:16.529 that situation. Yeah, and I think it's always good to also ask challenging 146 00:10:16.649 --> 00:10:20.370 questions of people when they bring up a competitor. Sometimes they'll Ba hey, 147 00:10:20.440 --> 00:10:24.279 patrick, how are you different from sign? And I say yet, have 148 00:10:24.360 --> 00:10:28.080 you seen a demo yet? And they say yes and I go, okay, 149 00:10:28.080 --> 00:10:30.080 I got a question for you. Do you mind? It's like now, 150 00:10:30.240 --> 00:10:33.159 okay, well, I'm curious why you didn't just buy you sign on 151 00:10:33.200 --> 00:10:37.190 the spot. Love it. Just get them to tell you what is missing, 152 00:10:37.269 --> 00:10:41.629 because if someone's talking to you still they're looking for something else that they 153 00:10:41.669 --> 00:10:45.789 didn't see someone else. It's like I didn't have this. Great now we 154 00:10:45.870 --> 00:10:50.379 can have an actual conversation instead of me just reading off a competitive Intel report 155 00:10:50.860 --> 00:10:54.379 that you could just see on the website and that feels so much different to 156 00:10:54.580 --> 00:10:58.340 than just like being told we're better, we're different, we do all these 157 00:10:58.379 --> 00:11:01.700 different things. You know, there you've open sourced that conversation to an extent 158 00:11:01.820 --> 00:11:07.889 and that buyer feels like they're involved and they almost convinced themselves of why they're 159 00:11:07.889 --> 00:11:11.929 here, as opposed to having having moved forward with that competitor. So I 160 00:11:11.009 --> 00:11:15.250 love that. Yeah, I don't think anyone's ever convinced me of anything. 161 00:11:15.289 --> 00:11:18.480 They've only ever tricked me into convincing myself to do it. That's the only 162 00:11:18.519 --> 00:11:22.279 time it's ever worked. So you got to think at the same way how 163 00:11:22.320 --> 00:11:26.480 you react to things as how your buyers going to react, and everyone's human. 164 00:11:26.840 --> 00:11:31.600 Yeah, you're right. So, on the spirit of winning, do 165 00:11:31.679 --> 00:11:35.509 you have any stand out stories of when you did end up like basting a 166 00:11:35.549 --> 00:11:37.629 competitor, like the last moment or something that you might want to share? 167 00:11:37.669 --> 00:11:43.590 Yeah, there was a good one. That was actually on New Year's Eve 168 00:11:45.509 --> 00:11:48.580 two years ago. We were on call with can't say the customer, so 169 00:11:48.659 --> 00:11:54.340 I won't do that, but I really call with a relatively fast growing HR 170 00:11:54.539 --> 00:12:01.250 software company and it was it was a pretty straightforward use case that was certainly 171 00:12:01.450 --> 00:12:09.049 coming down to pricing, it seemed in this in this conversation and our prospect 172 00:12:09.649 --> 00:12:13.289 he he made it very clear that it was strictly price and it wasn't customer 173 00:12:13.330 --> 00:12:20.600 experience, that that that they were buying for. So instead of, you 174 00:12:20.720 --> 00:12:24.080 know, asking for their quote from the competitor and trying to undercut that and 175 00:12:24.200 --> 00:12:30.190 maybe give a different price, we ended up talking about that customer experience instead 176 00:12:30.950 --> 00:12:33.629 and we said, you guys are growing, you're going to end up expanding 177 00:12:33.950 --> 00:12:41.389 on your instance over the next twelve months and we're positive that in year two, 178 00:12:41.669 --> 00:12:43.860 if you were to go with the competition, you're not going to have 179 00:12:43.980 --> 00:12:48.580 as scalable price point as you might think. And you know, due to 180 00:12:48.700 --> 00:12:54.460 the trust that we had built during that that sale cycle, instead of this 181 00:12:54.659 --> 00:13:01.090 buyer, you know, doing his research and actually going back to kind and 182 00:13:01.289 --> 00:13:05.769 asking for a better deal or a more scalable price, they trusted us that 183 00:13:05.929 --> 00:13:09.850 we were going to actually help them scale their instance as they were growing and 184 00:13:09.929 --> 00:13:13.600 they were cash conscience as a start up. And while it seemed like it 185 00:13:13.720 --> 00:13:16.919 had to do a price on this specific deal and maybe we could have came 186 00:13:18.000 --> 00:13:20.639 down on that price to try to win it, we learned that it was 187 00:13:20.720 --> 00:13:26.120 much more the bigger picture of the scaling price and and due to trust. 188 00:13:26.669 --> 00:13:30.669 You know, he took us at face value for that statement, which was 189 00:13:30.789 --> 00:13:33.230 true. We weren't lying to him, but due to trust, I do 190 00:13:33.429 --> 00:13:37.990 believe that that's that's how we got that that proposal sell. Why do you 191 00:13:37.029 --> 00:13:41.100 think you trusted? You Will Patrick, I think you know, at least 192 00:13:41.139 --> 00:13:46.059 from working with me for a few years now, that I have more of 193 00:13:46.139 --> 00:13:50.379 a challenger style and there were multiple instances where the Rep looped me in for 194 00:13:50.700 --> 00:13:56.929 an authority conversation during the sale cycle and you know, by the time we're 195 00:13:56.970 --> 00:14:01.090 on that that final call, I had somewhat of a reputation with this buying 196 00:14:01.129 --> 00:14:05.289 committee. That wasn't necessarily negative, but it was pretty clear that I was 197 00:14:05.370 --> 00:14:09.889 kind of being the task master, almost. But but because I owned that 198 00:14:09.080 --> 00:14:13.639 role early on in the cycle, I feel like the buyers knew that, 199 00:14:13.279 --> 00:14:18.360 while I might be a little brazen in the way that I approach something, 200 00:14:18.759 --> 00:14:20.279 that the words that are coming out of my mouth they could take to the 201 00:14:20.360 --> 00:14:24.110 bank. So I do think that's that's really why they trusted us in that 202 00:14:24.190 --> 00:14:28.389 situation. It's amazing and don't worry, I can believe about the competitor and 203 00:14:28.389 --> 00:14:31.789 name Post. We'll leave this part in those that people are like, who 204 00:14:31.950 --> 00:14:35.830 was it? And you could just pay me directly or, like, on 205 00:14:35.909 --> 00:14:41.860 my linkedin don't worry. But I'd like to leave on something that I think 206 00:14:41.899 --> 00:14:46.620 is really important. When people are starting in sales, they oftentimes just kind 207 00:14:46.659 --> 00:14:50.379 of like do what feels natural, and unfortunately selling is not natural. So 208 00:14:50.539 --> 00:14:54.730 what feels natural usually doesn't work. So what are some common mistakes that you 209 00:14:54.809 --> 00:14:58.889 see people making when they're selling as competitor when they're new, that you want 210 00:14:58.929 --> 00:15:03.490 them to avoid so they never have to have that terrible experience? It's a 211 00:15:03.570 --> 00:15:07.399 great question and to bring it back to a metaphor that's pretty tried and true 212 00:15:07.960 --> 00:15:11.600 in sales lingo. Like think about it is if you were an according situation 213 00:15:11.879 --> 00:15:16.720 with somebody that you're interested in. Right, that individual might be interested in 214 00:15:16.840 --> 00:15:20.080 somebody else too, but they can't really make a decision between you and the 215 00:15:20.200 --> 00:15:24.669 competition in this situation. Right. Well, the person who's like actually interested 216 00:15:24.750 --> 00:15:31.750 in and maybe getting to know that other person for the right reasons is probably 217 00:15:31.870 --> 00:15:35.620 not going to tell them that they're stupid for considering somebody else that they like. 218 00:15:37.179 --> 00:15:41.419 Right like. That's that's almost that's almost dissing yourself. It's like you're 219 00:15:41.500 --> 00:15:43.659 looking at this guy, you like me too, but then you're going to 220 00:15:43.700 --> 00:15:48.100 start talking trash about that that competition. In the moment it feels like that's 221 00:15:48.100 --> 00:15:52.289 the right thing to do because you're in your like fight or flight, almost 222 00:15:52.330 --> 00:15:54.929 like Oh, I want to win this right now, I need to I 223 00:15:54.009 --> 00:15:58.210 need to start talking smack about the competitors. It's like, well, maybe 224 00:15:58.289 --> 00:16:03.649 it's better to educate about the competitors, maybe what you know, or maybe 225 00:16:03.649 --> 00:16:07.399 even bring in some empathy, like I understand why you might be interested in 226 00:16:07.000 --> 00:16:11.279 something like that, at least in that in that situation. If in fact, 227 00:16:11.360 --> 00:16:15.320 you do lose the first the first go around here, you still might 228 00:16:15.360 --> 00:16:19.350 be in it for the long haul because you are open and honest in that 229 00:16:19.470 --> 00:16:23.470 first and direction. Hundred percent. That's what the boomerangs come into. So 230 00:16:25.389 --> 00:16:30.110 don't be too desperate, don't smack talk. Pause. I think that's a 231 00:16:30.190 --> 00:16:34.179 big one. When you hear objections and bring up a competitor, you agree 232 00:16:34.220 --> 00:16:41.779 that's an objection indeed. I mean it's definitely something you need to you need 233 00:16:41.860 --> 00:16:45.059 to hone in on. It's not something that you can ignore. It's definitely 234 00:16:47.139 --> 00:16:49.690 at least grounds for an objection in the future. At the very least. 235 00:16:49.970 --> 00:16:52.769 I Seen Reps. they here docus in the God. All right, cool. 236 00:16:52.809 --> 00:16:55.929 So, like, what are you doing right now for your proposal system? 237 00:16:56.169 --> 00:16:57.690 And it's like none. Now, like, hold on for a second. 238 00:16:59.450 --> 00:17:02.159 That's important and it's going to bite in the ASS. So so, 239 00:17:02.919 --> 00:17:06.799 when you hear that pause and really think, because if you're talking to somebody 240 00:17:07.279 --> 00:17:11.920 and they're immediately just coming at you as soon as you stopped speaking, one, 241 00:17:11.960 --> 00:17:14.359 it's pretty clear you weren't actually listening, you were just waiting to talk 242 00:17:15.319 --> 00:17:18.269 to it seems like you're incredibly scripted and you're just saying what someone else told 243 00:17:18.269 --> 00:17:22.349 you to do, which comes off as fake. And three, it's usually 244 00:17:22.390 --> 00:17:26.069 not the right thing because you didn't think about it and just blurted something out. 245 00:17:26.390 --> 00:17:27.950 Yep. So I think I can a great way to put it is 246 00:17:29.029 --> 00:17:33.740 like is don't be too aggressive, like you're going to scare the fish away. 247 00:17:33.819 --> 00:17:37.059 To an extent, that situation, you know, strip line, baby, 248 00:17:37.299 --> 00:17:41.299 you know I want the sailor stuff. Well, this is fun, 249 00:17:41.380 --> 00:17:45.170 Mike. That's all the questions I have for you. Just to like highlights 250 00:17:45.250 --> 00:17:48.690 some takeaways. Think about your competitors is like fierce warriors. I think that 251 00:17:48.970 --> 00:17:52.769 we need to have respect for the people we sell against, because capitalism, 252 00:17:52.809 --> 00:17:56.450 baby free market, who wouldn't be here if it wasn't for them? Having 253 00:17:56.450 --> 00:18:00.240 a process, pausing and just making sure that you're you're thinking really hard, 254 00:18:00.279 --> 00:18:03.079 I think, for you under the conversation. Is there anything else you would 255 00:18:03.079 --> 00:18:07.839 add sort of stackaways? No, I mean like for just a quick takeaway 256 00:18:07.920 --> 00:18:11.119 on that. It's almost like, you know sports. You know you're not 257 00:18:11.240 --> 00:18:15.589 going to become the best that you possibly can be unless somebody else is pushing 258 00:18:15.630 --> 00:18:18.990 you and is actually fighting for that same spot. So you do need to 259 00:18:18.069 --> 00:18:22.630 respect your competitors and actually appreciate them at a very general level, and I 260 00:18:22.670 --> 00:18:26.750 think if you take that attitude into calls, you're going to you're going to 261 00:18:26.750 --> 00:18:29.460 avoid a lot of the pits balls that come along with, you know, 262 00:18:29.859 --> 00:18:34.099 conversations around competitors a hundred percent. And in the spirit of that. Is 263 00:18:34.140 --> 00:18:38.259 there anything you want to plug? Oh, I mean, yeah, why 264 00:18:38.339 --> 00:18:45.250 not? Speaking of competition, if you're currently unhappy with your your provider for 265 00:18:45.490 --> 00:18:52.930 proposal workflows, are you signature Panta doc is a as a as a bit 266 00:18:52.970 --> 00:18:56.880 of a promotion during Covid we're matching all those prices. If you're unhappy right 267 00:18:56.920 --> 00:19:00.000 now, so come and get a better customer experience, if you're sick of 268 00:19:00.039 --> 00:19:03.519 the jug or not, and come see what we're all about. Sign up 269 00:19:03.559 --> 00:19:07.480 for a chop. I love it. Thank you for that and thanks to 270 00:19:07.559 --> 00:19:10.789 everybody for listening to this episode of the B Tob Growth Show. Again. 271 00:19:10.869 --> 00:19:12.750 I'm your cohost, Patrick downs, the eternal sales and ablement trainer, a 272 00:19:12.789 --> 00:19:18.430 PANTADOC. Please connect with me on Linkedin. Desperate for I need more followers. 273 00:19:18.509 --> 00:19:21.789 I eat them up and I'm happy to answer any questions provide recommendations. 274 00:19:22.190 --> 00:19:25.099 If you like the episode, are of a question, please join the discussion 275 00:19:25.539 --> 00:19:27.460 on instagram. It's be to be gross. Thank you, guys, and 276 00:19:27.500 --> 00:19:30.420 have a great day. This episode is brought to you by Panda Doc. 277 00:19:30.740 --> 00:19:34.660 Sending your documents is pds through email is super old school. It's time to 278 00:19:34.779 --> 00:19:38.690 while this socks off your prospects, clients and colleagues by creating, sending, 279 00:19:38.730 --> 00:19:42.930 tracking and e signing with Panda Doc. Go to panda doccom slash be to 280 00:19:42.970 --> 00:19:48.130 be today and start a completely free trial. No credit card required.