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The Inbetweener: Spin or substance, what's more important to a career in sales?

I once had a manager who lived by the line "You gotta fake it till you make it". He always questioned why I wanted to know the technical aspects of my sales job, rather than the bare minimum to get by. It was a concept which didn't sit well with me, given that I was the one who had to deal with curly questions from clients and didn't like using the phrase: "I'm not sure about that, but let me get back to you".

When the business development manager (BDM) came into the office, I wanted to know the ins and outs of all the financial products we were selling. But when I asked him questions of an operational nature (e.g. exactly the type my clients would ask me), I usually received a blank look and a description of what my kickbacks would be if I would only get people to buy the product.

Hitting this managerial brick wall would then lead me to find out the names of our department's operations people in order to understand exactly how the product worked. That way, if a client enquired, I knew all the answers to any questions thrown my way. I soon learnt not to trust the technical expertise of the BDM.

Spin wins?

When the GFC hit it was mainly sales, advertising and some back-office jobs that were culled. But I recollect reading articles about how it was usually the technically competent salespeople who were surviving these layoffs. Much was said at the time about how we had learnt lessons from the financial crisis and that there would therefore be a shift away from the smooth talkers towards those with technical expertise.

But from what I saw, it didn't turn out this way. It was actually the good spin doctors, and/or those whose redundancy payouts would have been astronomical, who stayed in their jobs. I doubt that banks now hire BDMs because they know the products inside out instead of the minimum to achieve their sales targets.

What do you think? Has there been a shift away from spin at Australian financial institutions since the GFC? I know that product development managers aren't BDMs, but should they be on the same desk in order to really educate those who on-sell financial products? Is it possible to have both strong technical skills and sales skills?

Who would you prefer: a smooth talker who tells you what you want to hear, or a technical dweeb who at least knows what he/she is talking about? I'm a bit confused because I have worked with both types.

And I have to say that hearing a nervous techie dork may be just as cringe-worthy as dealing with a smoothie shonk who is only out for a bonus. I would hope there is a sensible balance between these two extremes. Thank goodness it's a decision I won't have to deal with in my career again. I'm no longer working in sales.

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AUTHORAnonymous Insider Comment
  • AM
    AM
    4 January 2011

    Spin may work in a booming market where customers just can't get enough and don't mind listening to a schmoozer work their charm. However during and post GFC, people want to know they're getting value for money and the right information. If they're buying a product from you, they want to know that you have an understanding of what you're talking about. You wouldn't trust a vet to do surgery on your mother(depends how much you like her of course). So why would anyone trust a sales person who knows nothing about their product?! It shouldn't be a choice between a spin doctor and a geek as you put it. People who are selling should take the responsibility to learn about their products. If one good thing came from the GFC it's that the bad sales people have been weeded out & the ones who are left are generally the ones who sold ethically from the start and that customers trusted.

  • FY
    FY
    17 December 2010

    I'm in no position to give you any advice from my own experinces, but your last two sentences echos to one thing I firmly believe: it is not the job choose the person, but we choose our own jobs

  • IB
    IB
    17 December 2010

    if you work at BarCap - spin always wins over substance!

  • Br
    Brain over brawn pls
    17 December 2010

    There must be a lot of pigeons out there if you think SPIN is the winning formula vs substance. In the short-term if people don't know you, we give you the benefit of the doubt. But in the long-term, if you're crap, trust me - the market will know. Your long-term prospects in the biz will be revealed. If you start pushing bad deals and bad ideas, people will stop listening to you and you will lose business.

    The smile and dial isn't a one way street you know.

  • JR
    JR
    16 December 2010

    "What gets rewarded, gets done"...this has always been the case pre-GFC...post-GFC...it won't change.

    As to "no long working in sales"...everything you will ever do entails "selling in some form"...e.g. at your next interview for a new job, you will be "selling"...fill in as many other examples you can think of.

    To be the best "salesman" YOU can be, means to maximise your best attributes...whilst minimising anything in your experience (to date) that has caused you to lose/miss a sales opportunity...the over-riding thing is for YOU to project confidently to your client...for you that will be based on substance...for others that may entail less substance and more spin...both, WHAT you say, and HOW you say it are EQUALLY important. (sorry for the caps, but can't italicise here).

    But get your sales targets...do it ethically...and do it efficiently...each year on year, beat your previous sales targets...eventually you will stand amongst the best in your field.

    PS: best to lose the habit of classifying anyone (including yourself?) as a "nervous techie dork" or similar.

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