{"id":294,"date":"2012-05-13T17:53:26","date_gmt":"2012-05-13T22:53:26","guid":{"rendered":"http:\/\/blog.feedthebeast.biz\/?p=294"},"modified":"2013-03-27T13:18:19","modified_gmt":"2013-03-27T18:18:19","slug":"hockey-stick-or-saw-blade","status":"publish","type":"post","link":"http:\/\/blog.feedthebeast.biz\/index.php\/hockey-stick-or-saw-blade\/","title":{"rendered":"Your Sales Curve: Hockey Sticks or Saw Blades?"},"content":{"rendered":"<p>Everyone loves the hockey stick. The hockey stick is the sales curve that every new business envisions for<a href=\"http:\/\/blog.feedthebeast.biz\/wp-content\/uploads\/2012\/04\/hs_sales-curve.gif\"><img loading=\"lazy\" class=\"alignright size-full wp-image-297\" style=\"border-style: initial; border-color: initial; border-image: initial; border-width: 0px;\" title=\"Hockey Stick Sales Curve\" src=\"http:\/\/blog.feedthebeast.biz\/wp-content\/uploads\/2012\/04\/hs_sales-curve.gif\" alt=\"Desired Sales Growth\" width=\"213\" height=\"213\" srcset=\"http:\/\/blog.feedthebeast.biz\/wp-content\/uploads\/2012\/04\/hs_sales-curve.gif 213w, http:\/\/blog.feedthebeast.biz\/wp-content\/uploads\/2012\/04\/hs_sales-curve-150x150.gif 150w\" sizes=\"(max-width: 213px) 100vw, 213px\" \/><\/a>\u00a0themselves; every new marketing and sales manager fantasizes about creating; and every president wants to show to his or her board. The hockey stick represents undeniable success. Everyone gets rich.<\/p>\n<p>So how does one create a hockey stick sales curve? Well, the basic ingredients would be to:<\/p>\n<ol>\n<li>create a product or service that enough companies really want;<\/li>\n<li>communicate with the people in those companies who make decisions on said product or service, and give them a reason to put up their hands, identifying themselves to you, and;<\/li>\n<li>have a marketing and sales team trained and ready to bring the hand-wavers to a quick and elegant close.<\/li>\n<\/ol>\n<p>Then do it again over and over, faster and faster.<\/p>\n<p>Most companies fail at the first part \u2013 creating a product or service that enough people really want and value. Everything after that becomes academic. If there aren&#8217;t enough people who really want what you\u00a0have to sell, the best sales and marketing strategy in the world will only keep you going so long. And your sales curve will resemble something a lot closer to the jagged side of a saw blade than a hockey stick.<\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-298 alignleft\" style=\"border-style: initial; border-color: initial; border-image: initial; border-width: 0px;\" title=\"Saw-Toothed Sales Curve\" src=\"http:\/\/blog.feedthebeast.biz\/wp-content\/uploads\/2012\/04\/2_sales_curves.gif\" alt=\"Not the sales growth you want\" width=\"213\" height=\"213\" srcset=\"http:\/\/blog.feedthebeast.biz\/wp-content\/uploads\/2012\/04\/2_sales_curves.gif 213w, http:\/\/blog.feedthebeast.biz\/wp-content\/uploads\/2012\/04\/2_sales_curves-150x150.gif 150w\" sizes=\"(max-width: 213px) 100vw, 213px\" \/><\/p>\n<p>At the end of the day, if you have a vision of a hockey stick, but only a saw blade product or service to sell, you will end up wasting a lot of time and resources that could have been better applied elsewhere.<\/p>\n<p>How do you know if you&#8217;re destined for hockey sticks or saw blades? There&#8217;s only one place you can go to get an unbiased answer to that question: the people who have bought from you, also known as your customers.<\/p>\n<p>&#8220;That&#8217;s obvious,&#8221; you say, &#8220;everyone knows that&#8221;. And yet most companies put talking to their customers \u2013\u00a0<em>really<\/em> talking to their customers \u2013\u00a0in that &#8220;Important\/Not Urgent&#8221; bucket, which means the discussion is frequently postponed because there are more &#8220;pressing&#8221; issues to deal with. I would argue there are no more pressing issues.<\/p>\n<p>So here are three simple questions that <a title=\"Thomas J. DeLong\" href=\"http:\/\/drfd.hbs.edu\/fit\/public\/facultyInfo.do?facInfo=bio&amp;facEmId=tdelong\" target=\"_blank\">Thomas J. DeLong<\/a>\u00a0offered on his\u00a0<a title=\"Three Questions for Effective Feedback\" href=\"http:\/\/blogs.hbr.org\/hbsfaculty\/2011\/08\/three-questions-for-effective-feedback.html?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+harvardbusiness+%28HBR.org%29\" target=\"_blank\">HBR blog<\/a> that I thought could be nicely re-purposed for use with your customers. The answers to these questions will start giving you the sense of whether your business has the legs to make the run up the hockey stick curve:<\/p>\n<ol>\n<li>What should we stop doing?<\/li>\n<li>What should we keep doing?<\/li>\n<li>What should we start doing?<\/li>\n<\/ol>\n<p>Simple, to the point, revealing, and very easy to do. Try it with one customer and see what happens.<\/p>\n<p>&nbsp;<\/p>\n<div class='watch-action'><div class='watch-position align-left'><div class='action-like'><a class='lbg-style1 like-294 jlk' href='javascript:void(0)' data-task='like' data-post_id='294' data-nonce='20b3aca7e8' rel='nofollow'><img class='wti-pixel' src='http:\/\/blog.feedthebeast.biz\/wp-content\/plugins\/wti-like-post\/images\/pixel.gif' title='Like' \/><span class='lc-294 lc'>+3<\/span><\/a><\/div><div class='action-unlike'><a class='unlbg-style1 unlike-294 jlk' href='javascript:void(0)' data-task='unlike' data-post_id='294' data-nonce='20b3aca7e8' rel='nofollow'><img class='wti-pixel' src='http:\/\/blog.feedthebeast.biz\/wp-content\/plugins\/wti-like-post\/images\/pixel.gif' title='Unlike' \/><span class='unlc-294 unlc'>0<\/span><\/a><\/div> <\/div> <div class='status-294 status align-left'><\/div><\/div><div class='wti-clear'><\/div>","protected":false},"excerpt":{"rendered":"<p>Everyone loves the hockey stick. The hockey stick is the sales curve that every new business envisions for\u00a0themselves; every new marketing and sales manager fantasizes about creating; and every president wants to show to his &#8230;<\/p>\n","protected":false},"author":1,"featured_media":298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1,7],"tags":[27,86,24,23,85,25,26],"_links":{"self":[{"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/posts\/294"}],"collection":[{"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/comments?post=294"}],"version-history":[{"count":35,"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/posts\/294\/revisions"}],"predecessor-version":[{"id":1301,"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/posts\/294\/revisions\/1301"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/media\/298"}],"wp:attachment":[{"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/media?parent=294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/categories?post=294"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.feedthebeast.biz\/index.php\/wp-json\/wp\/v2\/tags?post=294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}