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Women seem to be less open to new approaches from vendors. Like I said, I don’t have science for this but in general, I find that women have higher thresholds for initiating contact with vendors, for taking that first call or meeting with a vendor (it’s just how it seems to me and I do a lot of cold prospecting). What does this mean? It means that content marketing and a “slower” prospecting approach makes more sense. Realize that they may require more information to entertain a new project and so your emails should be more about providing them information and less about closing for a meeting. Your calls to action should be about delivering value to them versus driving “selling”. In fact, I think women are also much more repelled by the “hard sell” than men.
Yet, women seem more open once you are in a sales campaign with them. I often find that if I’m just real with a female buyer/prospect/client and ask direct questions, I’m much more likely to get real insights. Men seem to be more into the “game” of the deal (not a bad thing, just different) while women seem to want to step outside of the traditional adversarial model of selling that used to dominate. For a male rep, this means developing your “soft selling” skills. Building rapport, asking open ended questions, empathy etc – all will help greatly when working with a female buyer.
Informality. Women seem to like informal meetings and conversations more than a structured pitch. Many reps find this very uncomfortable as they use their pitches as a crutch but they do so to their own detriment. In meetings with predominantly female buyers I’m much more likely to throw the pitch in the dustbin and just open up a free form conversation about their project and business.
Communications. Women are less likely to interrupt you or to even signal their impatience with you yakking away than a man is. This means you risk being irrelevant and not knowing it, or even may be alienating prospects with your selling style. I find that time spent up front in a meeting asking questions and drawing out the prospect is more important with women. Some women seem naturally more reticent to just blurt out their opinion to a vendor in an open meeting, but you should not take their low profile in your sales meeting to mean they have no power in their company.
Going silent. I find that female buyers don’t give negative feedback as readily as a male buyer will (and I also find they are more likely to share positive feedback than male buyers). I think in general, women are much more likely to be telling you something with their actions, particularly when they drop out of communications. I find that when male buyers will drop off the radar screen for two weeks in the middle of a deal, they are usually are just too busy or need a delay and can’t be bothered to let you know. They are more than likely to say, “Yeah, I got busy, sorry, we are in good shape.” Whereas two weeks of silence from a female buyer almost always means the deal has gone sideways or they have switched preferences to another vendor.
I also think that male sales reps need to really be aware that they are competing with lots of female reps today who innately get how to sell to women. While I don’t think women in the main buy from women because they are women, I do think that being comfortable with each other can’t hurt and that’s got to be true for men selling to men as well. I also think that women want me to just “get it” about their different styles and appreciate when a rep deals with them effectively. I also find that women are much more likely to let you know when you are doing well so it’s not that hard to figure out. I have to tell you that I’ve done some great deals with women leaders and it seems to me that women are more likely to support me once they are a client.
In the end, while men and women may be equal, we are not the same…
I’d love to hear from some female corporate managers/leaders/buyers out there if what I’m noticing makes any sense and also, please share advice too.