Little Acorns to Mighty Oaks: Embracing Small Sales Cycles for Long-Term Growth
Let's dive into a transformative sales approach: the power of embracing small sales cycles. I'm talking about taking advantage of opportunities whether they appear big or small and withholding all contempt prior to investigation.
Now, I get it. If you're in sales; you're paid on commission. So a small deal doesn't really peak your interest. Full transparency—I’ve had my fair share of micro sales cycles come across my desk that sparked an eye roll or two as I started to count the potential estimation of efforts for return. But, here’s the thing; after said eye roll, I set all contempt aside and dive into the potential opportunity because at this stage of the game I have experience and with that experience I’ve learned that these seemingly insignificant sales can lead to monumental opportunities if approached with the right mindset.
The Unexpected Value of Small Sales Cycles
Early in my career, I received a lead for a small business needing a modest service package. Honestly, I wasn’t thrilled. I was eyeing bigger fish and larger commissions. But I decided to give it my best shot. What I didn’t realize at the time was that this small business owner was incredibly well-connected. After successfully closing that small deal, this client introduced me to several larger organizations within their network. One of those introductions led to one of the largest contracts I’ve ever secured.
This wasn’t an isolated incident. Time and again, my willingness to serve smaller clients wholeheartedly has opened doors to larger opportunities. It’s all about being of service and showing that you’re not just in it for the big wins. Here are some key takeaways from my experiences:
Service Mindset Over Sales Mindset
When you approach every client interaction with a genuine desire to help, you create a positive ripple effect. Even small clients can become powerful advocates for your brand. They remember the exceptional service you provided and are more likely to refer you to their network.
For example, I once worked with a startup that needed a basic marketing package. By dedicating time and effort to their success, they not only renewed their contract but also referred me to a well-established tech company looking for comprehensive marketing solutions. That single referral tripled my revenue for the quarter.
Build Long-Term Relationships
Small sales cycles often provide an opportunity to build strong, long-term relationships. These clients may start small, but as their businesses grow, so does their need for your services. Moreover, these relationships are built on trust and mutual respect, which are invaluable in the world of sales.
Recommended by LinkedIn
Take another case from my portfolio: a local retailer I helped with a small advertising campaign. Over the years, as they expanded, they continued to rely on my services for larger, more lucrative projects. This long-term partnership became a steady source of income and a testament to the value of nurturing every client relationship.
Referrals and Networking
Never underestimate the power of a satisfied customer. Small clients often have networks of their own, which can include much larger prospects. When you impress a small client, you’re not just securing their business—you’re gaining access to their entire network.
One of my smallest clients once invited me to speak at a local business meetup. That speaking engagement connected me with a dozen new leads, two of which turned into substantial contracts. It’s a perfect example of how small opportunities can lead to significant outcomes.
Sales Is a Numbers Game
At the end of the day, sales is indeed a numbers game. The more leads you work with, the higher your chances of landing those big deals. By being open to small sales cycles, you increase your overall activity and, consequently, your opportunities for success.
One memorable instance involved a series of small sales that, collectively, made a significant impact on my quarterly targets. Each small sale contributed to building my pipeline, enhancing my reputation, and ultimately leading to larger, more profitable engagements.
So, the next time a small sales cycle comes across your desk, don’t turn your nose up at it. Go ahead, roll your eyes and then embrace it with enthusiasm and a service-oriented mindset. You never know where it might lead or what doors it might open. Remember, every interaction is an opportunity to demonstrate your value, build relationships, and expand your network.
Stay hungry, stay humble, and keep making those money moves!
Absolutely true. Small wins often lay the groundwork for significant breakthroughs. How do you approach these small sales to ensure future larger opportunities?
Award-winning senior leader with impressive record of success directing operations, turnarounds, and integrations within Fortune 500 organizations.
6moGood post, Morgan. I’ve been asked in my career…”is the juice worth the squeeze?” 90+ % of the time it is. Why, because we just don’t know where the next opportunity will come from. In baseball, we love home runs, but great teams don’t rely on the long ball. They take the extra base. They make the routine play. They hit the cutoff man. They play great defense. They throw strikes. Yes, “the juice is worth the squeeze” even if the first squeeze is a dribble.
Executive Vice President at Shelton Connect
6moGreat insight.
President, Partner-Think Patented
6moMorgan, totally agree. One of our largest clients is because of a small job (others wanted to pass on).