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March 31, 2008

THE OPPOSITE

Sales Trainers have taught the same things for so long that prospects have come to expect the "lines" and "tricks" from salespeople.

It is time to do the opposite. Instead of trying to sell by showing up and throwing up, overcoming stalls and objections and tricky closes, do the opposite and let your prospects buy. The way to do that is to ask great questions, find out their problems, provide solutions to their problems and get them to take action.

Does doing the opposite work? Check out this video to see how George Costanza does the opposite for great results.

March 28, 2008

SALESPERSON'S OBJECTIVE

In many sales calls, there is a mismatch between the prospect and the salesperson. The salesperson wants to sell something, but the prospect does not want to buy. This can cause the prospect to (1) be protective of information, (2) not listen to the salesperson because he is waiting for the strong close or (3) not develop trust in the salesperson.

One of the reasons this situation can occur is that the salesperson does not clearly state what her objective of the meeting is. Absence of this, the prospect can only assume that she is here to "sell me something."

Challenge your salespeople to always tell the prospect what their objective of the meeting is. Eliminate all the guessing. It is simple as asking the prospect, "can I tell you what I would like to accomplish in today's meeting?" The prospect will never say no and the meeting will be much more productive.

March 26, 2008

SAFE WORDS

When talking to a prospect do you hear things like:

* I am happy with my current provider
* They give me good service
* I am satisfied with their offerings
* We would consider making a change
* Making a change in providers is a possibility
* Their pricing is OK
* I would like any provider I choose to sharpen their pencils when pricing their services

The words in bold print are "safe" words that prospects use to avoid telling you what they are really thinking or feeling. It is imperative that you find out what these words mean to the prospect, not you.

Ask questions like:

* "Happy means?"
* "When you say good service, what does that mean to you?"
* "Satisfied means different things to different people. In terms of the offerings, what does satisfied mean to you?"

You will be surprised at the answers you will receive, but you will have a much better understanding of what the prospect is thinking.

March 24, 2008

MARCH MADNESS

For those of us who love college basketball, this is a special time of the year. The past 4 days there were 48 games to intrigue and amaze us.

As always, there were upsets. How do lower seeds upset the higher seeds? Through preparation and execution, the same ingredients your sales force needs to unseat the incumbent.

When you are competing against the incumbent, by default, they are the "higher seed." Are your salespeople committed to extraordinary preparation? Do they have a pre-call planning check list? Do they role play?

During the sales call, do they execute as planned or do they let the prospect control the call?

To upset the incumbent, you must be extraordinary, both in your preparation and execution.

By the way, how are you doing in your brackets?

March 20, 2008

KAIZEN

Many of you have heard the term "Kaizen." The term was made popular in America by Peter Drucker and refers to the Japanese philosophy of continuous and never ending improvement.

While in the Apple Store at the local mall, Kaizen hit me liike a ton of bricks. While their computers have had a fanatical following for years, during the last few years Apple has introduced:

* iPod
* iPod Shuffle
* iPod Mini
* iMac
* MacBook
* Iphone
* MacBook Air

Steve Jobs could have have stopped at the iPod, but Kaizen is part of his DNA.

Is Kaizen part of your company's DNA? What do you do to insure continuous and never ending improvement?

March 19, 2008

FOCUS ON THE PROSPECT

Take 30 seconds to watch this video, the read the rest of the blog.

Are your salespeople so focused on what they want to say (or present) to the prospect that they miss what the prospect is saying?

During their sales calls, make sure your salespeople aren't so focused "on the passes" that they miss the "moonwalking bear."

March 16, 2008

PRICE SHOPPERS

Most sales organizations have potential customers who are price shoppers. How your salespeople handle these shoppers can save tremendous amounts of time and, at the same time, generate business.

A sales professional we work with recently turned a routine price shopper into a strong prospect. When the prospect called to find out about the rates, the salesperson resisted the temptation to blurt out a rate. Instead, she asked for permission to ask a few questions (“I am happy to give you some rates, but before I do, what objection do you have if a ask you a couple of questions to make certain I give you the correct rate?”).

After asking a few questions and gaining some valuable information, the salesperson knew the suspect had a problem that was more than “getting a rate.” She then asked the killer question, “in your mind, is this problem we are talking about a paper cut or a severed arm?” The prospect laughed and replied, "I guess it is a severed arm." Our sales professional took that opportunity to schedule an appointment to determine if this suspect was ready to become a client.

Moral of the story. Don’t be an amateur and just give our quotes, rates or prices. Ask great questions, find out if there are problems that need to be solved and then complete your sales process.

March 13, 2008

MEETINGS

Just finished a great book by Patrick Lencioni, "Death by Meeting."

This is a must read for those of you who are struggling to have dynamic, purposeful meetings.

March 03, 2008

SALES SUPERSTARS

Somebody e-mailed this to me over the weekend. They did not indicate the source, but it is too good not to share with others. If you know the author, let me know and I will post.


It’s always a pleasure to observe sales success in action. Although every accomplished salesperson has his or her individual personality and style, there are common qualities all possess.

Sales superstars believe in themselves. Failure does not exist. Instead, the superstar says, “I made a mistake, what did I learn?” “How can I use my new knowledge to go on and succeed?” Thomas Edison believed in himself. After nearly 10,000 futile attempts to invent the light bulb, Mr. Edison was asked, “How can you go on after you have failed thousands of times?” “My good man,” Mr. Edison replied, “I have simply found 10,000 ways the light bulb will not work.”

Sales superstars are fearless. Being rejected is no fun. What differentiates the sales superstar is the ability to move through the fear of possible rejection by asking, “What’s the worst thing that will happen?” “What’s the best thing that will happen?” “What probably will happen?” Think back to the last sales call you resisted and yet completed. How did you feel? Just this week, I moved through the sales call fear, reached the decision maker on the first attempt (unbelievable!), and was hired for the engagement as if he were waiting for my call. To think I was actually considering not making the call!

Sales superstars make decisions. What product will best satisfy your client? What strategy will solidify the client relationship and gain the outcome your client expects? What pricing strategy will meet the financial considerations of the buyer? Identify the pros and cons in a given situation, make a sound choice, and move forward with your sales strategy.

Sales superstars always put the client first. The true test of a star salesperson is the ability to focus on what’s in the client’s best interest. Many sales organizations have sales contests and promotions. Closing an order on a certain date or using a specific vendor may mean rewards for the salesperson. But is it the right decision for the client? When a salesperson focuses only on what’s in the client’s best interest, that’s good business practice - increased sales follow.

Sales superstars have positive attitudes. We all have negative thoughts. The key word is thoughts - not reality. The superstar continually eliminates negative thoughts by introducing positive ones. Supportive thoughts come from coworkers, friends and family, motivational authors and speakers. Review your client list or recent successes to reaffirm your accomplishments. Surround yourself with positive information at all times.

How many of these qualities describe you? If you want to increase your sales success, work on developing these traits and you’ll see significant results.

HIRING SALES MANAGERS

Recently, I saw an ad for a company on the back of one of their trucks. It said:

* Come join our sales team
* Great income potential
* Flexible hours
* Retirement benefits
* Management possibilities

I wonder what message this is really sending? My first thought was, "hey, sell for a while then they will make you a sales manager." Unfortunately, too many companies do just that. They take a person who is having great success in sales and make him/her a sales manager. Many times this person does not have the skills or mindset to be an effective manager. Hiring a poor Sales Manager can have a tremendous negative effect on the entire team.

Dave Kurlan has a great post about this on his blog.