Replication is crucial for success in selling to VITO.
Defined as repeating, duplicating, or reproducing processes.
Success in sales derives from preparation, hard work, and replicable processes.
VITO Rule Number 7
A process isn't truly a process unless it can be replicated.
Replication is essential for the strategies discussed in previous and upcoming chapters.
Network of Influence
VITO sits at the top of the organization with ultimate veto power.
Seymour represents individuals at the bottom, such as technical gurus and analysts, who demand more information but struggle with independent decision-making.
Seymour demands more presentations, data, and freebies.
Does not make independent decisions but is crucial in identifying flaws and potential issues.
Tends to multiply, making sales interactions more complex.
The VITO Dance
VITO Dance: Initiating contact directly with VITO at the start of the sales process.
Avoid starting with Seymour to prevent potential sabotage or delays.
Always put VITO first in any outreach: letters, emails, voicemail, etc.
Benefits of the VITO Dance
Bigger Initial Sales
Sales can be up to 54% larger by appealing directly to VITO, as VITO prefers significant, impactful purchases.
Faster Closing Times
Deals close 50% faster since VITO makes quick decisions.
More Add-on Business
Up to 120% increase in add-on sales from existing clients when VITO is involved.
Real-World Examples
Jackie's Experience:
Lost a potential deal due to VITO's veto power and lack of connection with VITO.
Ben's Experience:
A major deal fell through because VITO had a personal connection that influenced the decision.
Lessons Learned
VITO Rule Number 8: VITO is above every decision-maker.
VITO has ultimate veto power over decisions.
Mistakes often happen when VITO isn't involved early on.
Rationalizations for not contacting VITO are excuses, leading to repeated mistakes.
The Importance of Engaging VITO
VITO’s role involves significant responsibility, authority, and influence.
Salespeople are often intimidated by VITO’s position, but reaching out is crucial.
Successful sales processes must engage VITO right from the beginning.
Conclusion
Regardless of perceived challenges, engaging VITO first is non-negotiable for successful sales outcomes.
Upcoming chapters will discuss further reasons to prioritize VITO in the sales process.