Sales Lessons from Boardwalk Empire

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Sales Lessons from Boardwalk Empire

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Transcript of Sales Lessons from Boardwalk Empire

Page 1: Sales Lessons from Boardwalk Empire

Sales Lessons from Boardwalk

Empire

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Sales Lessons from Boardwalk Empire

I was going to write about this in the “Lessons from the Idiot Box” section of next month’s double

issue of…

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Sales Lessons from Boardwalk Empire

the Marketing Made Easy Newsletter, but I wanted to get this out there while it was still

fresh.

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Sales Lessons from Boardwalk Empire

Anyway, it’s about a couple of sales lessons gleaned from HBO’s

Boardwalk Empire.

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Sales Lessons from Boardwalk Empire

If you haven’t seen or heard of the show before, it takes place in the

1920s, during Prohibition…

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Sales Lessons from Boardwalk Empire

And its main character is “Nucky” Thompson, former treasurer of

Atlantic City.

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Sales Lessons from Boardwalk Empire

Last week there were a couple of scenes that had particularly strong

sales lessons in them.

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Sales Lessons from Boardwalk Empire

Without further adieu, here’s a description…

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Sales Lessons from Boardwalk Empire

The scene of these lessons takes place at the Union Club in New

York where Nucky meets Andrew Mellon, the Treasury Secretary of

the US.

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Sales Lessons from Boardwalk Empire

Being in the presence of such an important man has Nucky off his

game a bit, acting nervously.

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Sales Lessons from Boardwalk Empire

Huge mistake number one.

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Sales Lessons from Boardwalk Empire

I won’t bore you with the details—or spoil the plot—but in the end

Nucky makes a “sales pitch” to Mellon, and asks for the order, so

to speak.

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Sales Lessons from Boardwalk Empire

Then… a pause.

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Sales Lessons from Boardwalk Empire

And then Nucky makes his second big mistake of the meeting.

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Sales Lessons from Boardwalk Empire

After asking for the order, Nucky jumps the gun and asks Mellon—

who was deliberating on an answer, or possibly just stalling…

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Sales Lessons from Boardwalk Empire

—if his silence is to be perceived as a “yes.”

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Sales Lessons from Boardwalk Empire

And after another second of hesitation, Nucky asks if the silence signifies a “maybe.”

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Sales Lessons from Boardwalk Empire

Huge mistake number two.

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Sales Lessons from Boardwalk Empire

OK. Let’s get down to business…

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Sales Lessons from Boardwalk Empire

Why are these two actions mistakes?

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Sales Lessons from Boardwalk Empire

The first—Nucky’s acting nervously in the presence of

Mellon—is pretty easy to see as a mistake.

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Sales Lessons from Boardwalk Empire

When you’re selling anything—and you are always selling—you want to deal from a position of

strength.

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Sales Lessons from Boardwalk Empire

Acting nervously doesn’t bode well for that.

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Sales Lessons from Boardwalk Empire

No matter who you are, or who you’re dealing with, you are

speaking to an equal.

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Sales Lessons from Boardwalk Empire

I don’t care if you just graduated from shoe-shine school and you’re

talking to Bill Gates.

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Sales Lessons from Boardwalk Empire

Be respectful, but act as if you’re your counterpart’s equal.

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Sales Lessons from Boardwalk Empire

People buy certainty, and nervousness is its opposite.

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Sales Lessons from Boardwalk Empire

The second mistake might not appear be as obvious a mistake if you haven’t sold face-to-face or

over the phone.

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Sales Lessons from Boardwalk Empire

But in asking for the order and following up with “is it a yes?” or “is it a maybe?” Nucky broke the

first rule in sales…

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Sales Lessons from Boardwalk Empire

He who speaks first loses.

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Sales Lessons from Boardwalk Empire

Burn that one in your memory if you haven’t already. Make sure

your sales staff knows this, understands it…

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Sales Lessons from Boardwalk Empire

And most importantly, follows this rule strictly.

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Sales Lessons from Boardwalk Empire

He who speaks first loses.

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Sales Lessons from Boardwalk Empire

When you (or your staff) lay your case out there for your prospect and you convincingly ask for the

order…

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Sales Lessons from Boardwalk Empire

Say nothing until the prospect does.

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Sales Lessons from Boardwalk Empire

No matter how long the pause, or how much you desperately want

to say something, say nothing.

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Sales Lessons from Boardwalk Empire

If you do say anything, you will have surely lost the sale.

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Until Next Time…

Until next time,

Kevin Oefelein

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