savagesell 2018 workbook 2018.pptx [read-only]
TRANSCRIPT
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Australia and New ZealandMarch 2018
#SavageSell
Job of recruiter is under threat.
Will most definitelychange, because of Artificial Intelligence and machine learning.
What do you need to be good at to ‘beat the machine’?
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Recruitment Tasks. Man vs Machine
Sourcing
Screening
Logistics
Matching
Chatbots
What is left?
If automation is going to take over such big chunks of the recruiter job, what is left for you to do?
Any task that takes no time to think about will be automated.
But where there is nuanceand influencing possible, thought, planning and opinion needed – it is much harder for AI to replicate.
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Artificial Intelligence frees you up to do much better that which only you can do.
The real value of a recruiter will now be in his or her selling skills.
IMAGE: skills hunter or skills magnet from GROWTH –
couldn’t find
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The 5 Cs of Sophisticated Selling
Collaboration
BelievabilityBranding
Positioning
4. Clients
Trust in Selling
The Sales Visit
Selling Exclusivity
Selling to Big Companies
Growing Value
Negotiating FeesPerm, Temp, T/P
Resilience in Selling
Selling CandidateRules
Selling Temp Pay Rate
Selling CandidateExclusivity
Selling The Offer
Selling TargetSalary
Storytelling
Social Selling
Flabby or Fit? Quiz
5. Courage3. Communication2. Candidates1. Credibility
Brutal Truths About Selling
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Power of Positioning
Only valid bases = Expertise
How It Works
Your Pitch
Value Proposition
Differentiation
Tell the Story
Positioning
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• How are you different?
• What business are you in?
• Why work with you?
• What sets you apart?
• ‘Claim’ as yours?
• ‘WOW’ factor
• Personal bumper sticker
1. Differentiation
What Clients Love To Hear
• Solve a problem for me
• Make my life easier
• Faster, better outcomes
• Unique talent
• Cost-efficient ways
• Process done properly
• Competitive advantage
• Contractors = productive fast
• Consistency
What Candidates Love To Hear
• Act as their ‘agent’
• Their interests at heart
• Treat as humans
• Communicate
• Career acceleration
• Access to best roles
• Your leverage with clients
• Straight talking
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2. Value Proposition
• Tangible, measurable business outcomes you deliver
• Speaks to critical issues your market is facing
• Metrics, statistics, proven results
3. Your Pitch
• Who are you?
• What do you do?
• How are you different?
• Why should I care?
• Why should I hire/trust you?
• When should I hire you?
Power of Positioning: Summary
Positioning
Your Pitch
Value Proposition
Differentiation
Tell the Story
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• Argue in front of team
• Negative
• Late
• Sales inflation
• Dress code
• Admin/ATS
• Gossip-flamer
• Phone-fiddler
• Credit-taker
• Never prepare
• Training cynic
• Smug/blamer
• Squabbler
• Client-hoarder
• Non-helper
Collaboration
How good is your contribution ‘off the ball’? Score yourself out of 15
Build your brand.
What people say about you when you are not in the room.
What are you known for?
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Cleanse your online brand.
Build a professional Social Media presence.
Now!
The more the world is connected digitally, the less connected we
feel as human beings.
Modern Selling = Being Part Of Generation ‘C’
• Nothing to do with age
• The ‘Connected Generation’
• Knowing the right people
• People knowing you
• Great digital connectors
• Understand ‘social-selling’
• 100 cups of coffee
• Generous with time and information
• .. The unique ‘Generation C’ skill…
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…they make people feel special….
Today’s selling reality:
Believability Branding
• Clients want results
• Competency commoditised
• Credibility not enough
• Create demand before the sale
• Be visible – but differentiated
Believability
Branding
Before Sale-----------------------
Step 1
Persuade
The Sale-----------------------
Step 2
Trusted
Advisor
After Sale-----------------------
Step 3
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Magic Sauce To Believability
Speak to their issues, instead of promoting your solutions.
Candidates
• Their ambitions / hopes / fears
Clients
• Their burning issues / keeps them ‘awake’
Candidate ‘Hot Buttons’
• Availability of jobs/sector trends
• Salaries
• Benefits and conditions
• Performance reviews
• Negotiating salary increases
• Moving to contractor
• What’s booming/emerging
Client ‘Hot Buttons’
• Salaries
• Talent trends/availability
• Legislation (eg. contractors, unfair dismissal)
• Giving feedback
• Culture
• Talent expectations
• Future-proof skills
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Gaining Stature
Content Pillars
Big Issues They Face
Ideal Clients /
Candidates
Consistent Momentum
Channel Engagement
The sophisticated selling modern recruiter will get paid more often for the work s/he does!
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The Key Is Selling The Customer on Commitment
CustomerCommitment
ExclusiveClients
ExclusiveJob-Orders
ExclusiveCandidates
Confidentiality
Follow Through
Communication Any Changes!
Post-InterviewDebrief
References
Selling the Rules of
Engagement
Selling Target Salary
• Do not accept desired salary at face value
• Question a big gap in current salary and desired salary
• Clarify. You will act in candidates best interests
• Massage salary by offering perfect imaginary job
• ‘If I found the perfect job that met all your wish list criteria and it was
paying $85,000…?’
• Salary is always important. But work out how important?
• If salary expectation > skills level = decision time
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Remove theEmotion
Never ForgetPride
‘The Rate for the Job’
Tenure vsRate
Sell the Opportunity
not the $
The Powerof ‘One’
Selling The Temp Pay
Rate
The Power of One Dollar of Margin Per Hour
• 20 temps/contractors
• Average: PR = $25.00
• Average: CR = $37.50
• Average: Margin = $12.50
• GP Per Week: $12.5 x 35 hours x 20 Temps = $8,750
• GP Per Year: $8,750 x 52 = $455,000
But can you charge the client just 50 cents more and pay the temp
50 cents less?
The Power of ONE Extra $ Margin
Current Weekly GP: $8,750
GP Per Week: $13.5 x 35 hours x 20 Temps = $9,450
GP Per Year: $9,450 x 52 = $491,400
$491,400 - $455,000 = $36,400
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But…We have 6 temp recruiters, so…
$36,400 x 6 = $218,400
TalentShortages
Get PaidMore Often
The Needto ‘Consult’
The Luxuryof Time
StrongDifferentiation
BrandAdvocacy
Selling Candidate Exclusivity.
Why?
BetterOutcomes
Resume-RacersWill Die
Competitive Advantage
100%Attention
BespokeService
TimeSaver
Nothingto Lose
Why ExclusivityIs Cool For Candidates
RarenessIncreases
Value
‘RecruiterFrustration’
ConfidentialityImproved‘Image’
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Candidate Exclusivity: The ‘How’
Time the ‘Ask’ Rapport.
Trust.Orders
Reasonable Period
Job-SearchPlan
Take Action!
ExplainBenefits
Rules of Engagement
Get Active.Regular Updates
InterviewsASAP
The Caveat
Be Selective
Where Does Offer
Acceptance Start?
Selling The Offer
At TheInitial
Interview
Isolating KeyMotivatorsFor Move
DiffusingCounterOffers
DrillingDown On
Salary
Closing theCandidateAfter FinalInterviewConfirm
Remind
Counter Talk
Reinforce
Build
Cover
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Delivering An Offer They Can’t Refuse
• Build tension
• Any changes…?
• Remind that criteria for change have been satisfied
• Search for trouble spots
• Drill down on acceptable salary level
• ‘Is there any reason…?’
• Pre-close: ‘If an offer came through in 5 minutes’
• Deliver offer
• Get verbal acceptance
• Get tentative start date
• Pin down next steps
Bedding Down The Offer
Congratulate Support DecisionOffer
Document
Face-to-Face
Get. It. Signed
Calm and Sooth
Confirm Start Date
Coach ClientCoach on
ResignationPre-Close on Counter-Offer
Manage Resignation Day
Post-ResignationCall Back
Keep in TouchTill Start Date
Party!
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The Power of Storytelling
• Emotion drives our decisions
• The 90 % factor
• ‘Stories’ connect through emotion
Recruitment Stories Compellingly….
• Convey what employers do
• Convey what candidate brings
• Persuade to get ‘yes’
• Build trust
• Help differentiate
• Help ‘sell’ you/your company
• Bring to life market trends/issues
Candidates Want To Know
• Kind of organisation?
• What’s it like to work here?
• Future prospects?
• Happy working here?
So, where do you find these stories?
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Clients Want To Know
• What are you looking for?
• Why interested in us?
• Why are you right for this role?
• What do you bring that is special?
For the recruiter.
Reasons to see ‘beyond the brief’ … for candidates and clients
Creating Great Stories
• Have a purpose
• Grab attention
• Tension/conflict
• Make the client/candidate the hero
• Help us to remember
• Authenticity
• Enlighten, don’t sell
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Story Structure
Tension/Barrier
Role, Person, Team
Quest Villain HeroBiggerVision
What Is ‘Social Selling’?
• Using social media to create conversations
• It’s a slow burn
• Direct prospect interaction
• No hard-sell
• Providing value through content
• Targeted provocation of engagement
• Can create inbound enquiries
• Warms up the sales process early
• Credibility, familiarity, authenticity, believability
Your Social Selling Framework
Build An Audience
Determine Social
Platforms
Pin Down Target
Prospects
Add Value
Be Generous
Content.Advice.
Connections
Develop Your Voice
ConsistencyWork To A Strategy
Engagement!
Close!
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Social Selling In Action
Find Common
Social Channels. Connect
Follow The Company’s
LinkedIn Page
LinkedInStart A
Conversation
Share Targeted Content
Blog Cross Subscription
Thank/EngageIf They Follow Back
Find Trigger Point To Connect
Like/Share Their
Content
Use Personalised
Invite
Follow Feed. Look
For Pain Points
Comment On Their
Posts
10 BrutalTruths About
SellingWhy Not Buy?
WhyWant You?
Most Critical Closing Sales
Power of ‘No’
Small Steps
Goal SettingTop Reasons
Emotions Sales.R.Us
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Are you ‘Client-Fit’ or are you ‘Client-Flabby’?
A quiz.
Score yourself out of 25
Are You ‘Client-Fit’ or ‘Client-Flabby’?
• Face to face
• 4 times/year
• Orders in person
• Every hiring manager
• Clients boss
• HR team
• Client website
• Social subscribe
• Products/services
• Social ego
• Better/more
• Your office
• Follow up
• Made yourself big
• Clients’ clients
• Issues and trends
• Business review
• 3 big staffing issues
• Benefits and policies
• Value-adds
• Standing briefs
• Terms of business
• Spread the love
• Thank you
Running A Great Sales Meeting
What is the one thing we must achieve at every initial meeting with a prospect?
Without it the meeting fails?
Credibility!
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Why do we find winning business face-to-face so difficult?
What can go wrong?
• Lack of rapport
• Wrong target market
• Lack of preparation
• Our attitude
• Lack of structure
• Poor questioning skills
• Talking ratios
• Missing the needs
• Poor closing skills
How Can We Prepare for a Sales Visit?
Company Research
Client Social Profile
Dealt PriorMatched
Talent
Travel Logistics
Current Vacancies
Hiring Structures
Talent On DB
LI Staff Search
In Reception? Give Yourself An Edge!
Visitors Book
Read The Wall
Brochures
Focus And Prepare
Assess Culture
Befriend The Receptionist
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Start with an open ended, non-threatening question about the overall company.
‘Mr/Ms Client, it would be very helpful if you would tell me a little more about your organisation?”
Ownership structure, company history, sales, offices, staff numbers, products and services, major clients, competitors,
expansion plans, key business issues
Drill down on the client’s area of responsibility.
‘Where do you, Mr/Ms Client, fit into the corporate structure?’
Title, reports to, direct reports, number of staff, level of staff, staff responsibilities, accountability and scope of role.
Drill down on staffing issues, recruitment policies, temp/perm needs.
“I think I have a clear understanding of your company and your department, Mr/Ms Client. Do you have much staff turnover?”
How do you recruit? Why do you use those strategies? Do you use agencies? Which ones? What do you like about the service you get?
What do you not like? Do you use temp/contract staff? In what situations? Is it seasonal? What type of staff? How many? What is
your annual budget for temp staff? etc.
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The meeting has been going 30 minutes.
You are doing about 15% of the talking.
You have learned a lot about this client.
You have not tried to sell your company service.
What do you do now?
Make A Judgement About The Prospect
Decision Maker?
Hiring History
Current Relationships
Commercial Prospect?
Likes/Dislikes/ Hot Buttons
Remember, a client in pain is a good thing!
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Now it’s YOUR turn!
• Sell your specific solutions based on client needs
• Focus on their pain points
• Speak to a problem they need solved
• Focus on your differentiators
Ask for Feedback
Customised Sell
Provoke Objections!
• Do you have any questions?
• Can you see how my company’s
recruitment processes might help
you?
• Objections/Questions are good
because it means the client is
interested.
Make a judgement about client’s readiness to commit to using you.
Ask when there will next be a temporary/recruitment need.
This is actually ‘a close’.
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You must close!
Ask for the business
What extra steps do we take to
ensure the meeting ends well?
• Next steps?
• Next follow up date
• Permission to float
• Names of other recruiting
managers
• Key contacts in other states
• Permission to subscribe to blog
• Permission to connect on LinkedIn
Running A Great Sales Meeting
Credibility! Preparation ReceptionAwareness
Start. Open-Ended
Question
ClientJudgement!
Drill.Client
Responsibility
Drill.Recruitment
Process
Customised Sell
Provoke Objections/
Resolve
Buyer Judgement
Connect/Rapport
Close! Ask For The Business
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Trust In Recruitment Selling
Clients (and candidates) want belief and confidence.
• Integrity
• Reliability
• Fairness
So I can ‘rely’ on you.
How does recruitment typically breach trust?
Examples
Building Trust: Clients
• Good bank of candidates
• Short list that fits brief
• Proper reference checking
• Never breach confidentiality
• Never ‘manipulate’
• Rates are appropriate
• Don’t poach candidates we placed
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Building Trust: Candidates
• Communication
• Proper feedback
• Confidentiality with employer
• Never represent without permission
• Talk referees without permission
• Pay is fair rate (temps)
• Knowledgeable recruiters
• No spamming of resume
• No low-balling on salary
• Right jobs for me
Building Trust
‘In Their Shoes’
Rapport
BelievabilityBranding
Respect
Agility
Consistency
‘Recovery’ Transparency
Proven Track
Record
Selling To Big Companies
Clients are change averse:
• PSA’s… not the end
• Time-poor
• Love the status quo
• Want problems solved
• Have deep fears
• Are super risk-averse
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Winning Work
Functional Area
Know Their Business
Targeting
Momentum
Make It ‘Awesome’
Get The Meeting
Sharpen Value
Proposition
Why is selling exclusivity in yourinterest?
The recruiter?
Selling Job-Order Exclusivity
Consultative/Partnership
More Repeat
Business
Why We Love ItLonger
Careers
Increased Job
Satisfaction
Better Candidate
Service
80% Success
Instead Of 80% Failure
Time To Focus On
Quality
More Fills. More
Money
Exclusive Orders
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Perception of our industry and service
No understanding of what we do
‘Better service because we
compete’
‘Better spread of candidates’
Do not understand
cost
Recruiters lack courage
Why Do Clients Give
Out Orders In Competition?
The Key! Why ‘Exclusivity’ Is In The Client’s Best Interest?
• Client gets our full commitment
• Responsibility shifted to the recruiter
• The focus off speed and back on quality
• All our resources
• Time for detailed job order
• Comprehensive database search
• Time to comb online/social networks
• Access team reach
• Run advertisements and thorough screening
• Thorough candidate interviews
• Quality shortlist including qualifying candidates
• Testing and reference checking
• Save time by dealing with one competent recruiter
• Confidentiality preserved
• Brand and image is improved
• No chance of multiple referral of the same
candidate
Structure for Selling Exclusivity
Sell The Process
Qualified Brief
Demeanour And
Confidence
Counter Objections
Sell The Benefits
Reveal The Iceberg
‘This Is How It Is Always Done’
Close!
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‘Exclusivity’ – How To Sell It
• Ask for it!
• The 25% commitment rationale
• Speed vs. quality
• Dual commitment
• Window of opportunity
Negotiating Fees
Selling and negotiating our fees and our value.
All starts with self-belief.
Negotiating Permanent Recruitment Fees
Talk value. Not price.
The secret is to sell your differentiator.
What have you got, and what do you do that gives your client special value?
And it has to mean something to the client.
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What Differentiators Typically Count For Clients
• Access to unique candidates
• Quality of candidates
• Understanding of cultural fit
• Assessment process
• Speed of process
• Quality of consultants
• Representation of their brand
Remember…Sell the iceberg!
Quoting a fee is easy and meaningless.
Delivery at a price is what counts.
‘I can deliver at this price’.
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If you do decide to compromise on fee there is one golden rule.
What is it?Never reduce your originally
quoted fee without extracting a concession from the client.
Negotiating Temp Rates and Margins.
The ‘big secret’.
Shift the clients focus from the rate –to the cost!
$50 x 8 hours x 10 days = a total cost to you of $4,000.
“If you take the cheaper option Ms Client, you may well pay $45 per hour, but it is most unlikely you will get the calibre of individual and the quality of work I am promising you here today.”
“Indeed, your $45 an hour person is likely to take longer to do the job, absorb more of your time, and quite possibly make more mistakes.”
So $45 x 8 hours x 15 days = a total cost to you of $5,400.
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• Don’t discount T/P
• Temps are your asset
• You lose $ on a T/P
• The fallacious hire purchase argument
• A temp on a client site is an
appreciating asset
Temp To Perm. Don’t Give It Away!
• Do not pro-rata perm fees!
• Keep temp/perm distinction clear
• It’s timesheets weekly (temp)
• Or its fixed weekly/monthly rate (contract)
• Or it’s the full permanent fee
• It’s not 50% of the perm fee because it’s a six month contract
• Do the arithmetic
Long Term Contracts
• A perm fee at 20% for $75,000 placement is $15,000
• Client wants to pay half the perm fee because it’s a six-month gig. You
get $7,500
• But the margin you will earn on a $75k level person on a temp basis
for six months at a 22% margin is approximately $12,500
• $7,500 vs. $12,500
• Notice the difference?
• Give the client the choice
Don’t Pro-Rata Your Perm Fee For A Fixed Term Contract
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GrowingValue
Relevant Proactivity
Know Their Business
Growth Plans
Long Term View
Persistence
Empathy
Expand Relationships Feedback
Resilience.Learn To Love ‘No’ Face Your
Fears
Be “Green”
Expect & Celebrate
Reset & Take Action
Momentum Is
Everything
Pump Your Tyres
2nd Opinion
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The Five C’s of Sophisticated Selling for the Modern Recruiter
The 5 Cs of Sophisticated Selling
Collaboration
BelievabilityBranding
Positioning
4. Clients
Trust in Selling
The Sales Visit
Selling Exclusivity
Selling to Big Companies
Growing Value
Negotiating FeesPerm, Temp, T/P
Resilience in Selling
Selling CandidateRules
Selling Temp Pay Rate
Selling CandidateExclusivity
Selling The Offer
Selling TargetSalary
Storytelling
Social Selling
Flabby or Fit? Quiz
5. Courage3. Communication2. Candidates1. Credibility
Brutal Truths About Selling
Thank You!