Why Relationships Alone Are Not a Growth Strategy
Why Relationships Alone Are Not a Growth Strategy Stop Waiting for Competitors to Retire By Frank Hurtte Relationships matter. If everything else is equal, the salesperson with the relationship usually wins the order. But if your only competitive advantage is that customers like you, you’re setting yourself up for trouble. Your competitor has a relationship, too. And if your growth plan depends on waiting for that competitor to retire, transfer, or die, that’s not a strategy. That’s wishful thinking. I’ve watched salespeople play this waiting game for decades. Their “growth plan” often sounds like this: “I’ll keep showing up. I’ll answer the phone at night. I’ll jump when there’s a problem. I’ll build trust. And when the competitor eventually slips up, I’ll move up the food chain.” Relationships can open doors. The keyword is "eventually." Eventually might mean a year. It might mean five. I’ve seen reps wait a decade for a competitor to “finally mess up.” Meanwhile, the accou...