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FLF, LLC

Ep. 162 - When Sales Doesn't Serve the Customer [Business 300]

FLF, LLC

FLF, LLC

News

4.7957 Ratings

🗓️ 19 February 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

In episode 161, I talked about what a self-serving strategy looks like. This time we're going to talk about sales. What does self-serving sales look like? 

When the customer believes that your value-offering is relevant and reliable, revenue growth follows. But when you chase revenue-growth, you win neither the customer nor the sale.

Transcript

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0:00.0

Hello and welcome to Business 300.

0:10.0

My name is Philip Kulenshov and this is 300 Seconds about business.

0:13.0

We're all a busy people, so I have five minutes or less to get my point across.

0:40.1

Here we are again. Another five. The five functions of a business must all revolve around delivering value to the customer if the business is to be successful in its aim. It's possible to have a business without that focus, but not for long. If customers get sidelined, sooner or later they'll feel that and stop being your customers.

0:46.3

A devoted focus on serving customers well attracts customers and enables your business to be successful.

0:52.7

But a misaligned self-focus, when the business or a department in the business focuses on serving itself, does the opposite.

0:55.9

It pushes customers away. So what does it look like when business departments lose that outward focus and instead start trying to serve themselves?

1:01.2

What does it look like for a business to exist for its own sake? In episode 161, I talked about

1:06.3

what a self-serving strategy looks like. This time we're going to talk about sales. What does self-serving

1:11.7

sales look like? In a properly ordered business, the sales function serves the purpose of promoting

1:16.9

the value the business has to offer for the customer. The business exists to give value to a customer,

1:22.3

sales exists to make sure the customer knows about that value. As a business gets more complex,

1:27.4

there are different levels to value promotion. There As a business gets more complex, there are different

1:28.0

levels to value promotion. There's sales and there's marketing. There's inside sales and outside

1:32.5

sales. There's upstream marketing and downstream marketing. I get that tagging value promotion

1:36.9

with one word is simplistic. And that's okay. I only have five minutes here. Call the function

1:41.4

what you may. The point is that value needs to be promoted. We need to

1:45.2

get the customer's attention, foster interest, solve problems, and bring the customer to see the

1:49.6

value being offered to the point of committing their money. At the fundamental level, value promotion

1:54.6

is sales. But the sales function misses all of that when it approaches its work from a self-serving

1:59.7

starting point. The starting point is revenue growth.

2:03.6

Where strategy considers the bottom line, sales is responsible for the top line.

...

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