Stop Leaving Money on the Sidewalk

Is it just me, or have we all gotten a little… comfortable?

Lately, Iโ€™ve caught myself doing something that would have horrified the “hungry” version of me from 10 years ago.

Iโ€™ll pull into a massive shopping center, walk straight into my clientโ€™s shop, drop off paper or shoot the breeze for ten minutes, and then walk right back to my truck.

I ignore the pizza place next door. I walk past the boutique two doors down. I drive right by the hair salon on the corner.

Iโ€™m literally leaving money on the sidewalk.

The Evolution of the “Selective” Salesperson

When I first started in merchant services, I was a hungry. I would walk into every single door in a plaza. The only time Iโ€™d skip a suite was if it was a real estate office or an insurance agency.

But if I knew then what I know now, I would have walked in anyway. Those “service” businesses use our services too! Somewhere along the line, “efficiency” became an excuse for laziness. We tell ourselves weโ€™re just too busy for a cold drop-in, or we don’t have the right “headspace” today.

The “Paper” Trojan Horse

Hereโ€™s a trick Iโ€™ve mentioned before. Itโ€™s the easiest way to break the ice without looking like a “salesperson” immediately.

I started carrying a couple of extra cases of thermal paper in my truck. Now, when Iโ€™m visiting an existing account, I grab two or three rolls and my business card before I walk into the business next door.

The play is simple: 1. Walk in and introduce yourself. 2. Hand them the rolls and your card. 3. Say: “Hey, I’m the local rep for the shop next door. If you ever run out of paper or need a quick refill, I’m just a phone call away. I can get it to you way cheaper (and faster) than whoever you’re ordering from now.”

Why This Works

By offering paper, you aren’t asking for their processing businessโ€”not yet. Youโ€™re using paper as a marketing arm. You are solving a small, annoying problem (running out of supplies) to build a bridge toward solving their big problem (high processing fees).

Itโ€™s low pressure, high value, and it puts your face and your card in their hand, and you make a little money.

Our portfolios don’t grow by magic; they grow by volume. We are already doing the hard partโ€”getting out from behind the desk and into the field. Let’s stop passing up the opportunities that are staring us in the face.

Next time youโ€™re heading back to your vehicle after a client visit, don’t just leave. Grab a few rolls of paper, take a look left, take a look right, and walk into one more door.

Happy Selling,

David

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Author: David Matney

Payment Technology Specialist at Payment Lynx

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