Persistence
Without StalkingReturn
to Top
Kelley Robertson on Prospecting
You can't get the sale unless you persist. But how do you pursue
your prospect without coming across like a stalker?
Persistence is a vital skill that every salesperson needs. It's been
said that most sales are made after eight contacts with a prospect.
However, most people tend to give up after just three or four attempts.
Let's explore the behind-the-scene dynamics involved in a typical
scenario.
Meet Mrs. Executive. Her day is booked solid, scarcely allowing her
to catch her breath between each meeting. Some meetings are internal.
Others are with clients and customers. A few are with current suppliers
or business partners. She has a dozen balls in the air and spends
most of her time trying to juggle them all. She has several major
goals she wants to accomplish this year but progress is slow because
the demands on her time are non-stop. Continue
8 Sales
Questions You Can't Live (and Sell) WithoutReturn
to Top
Jim Domanski on Sales Questions
Questions help you uncover what you need to know to sell. Without
good ones, you're just stumbling in the dark.
Make no mistake about it; questions are the key to good selling. Good
questions will get you good information. Good information helps you
sell and sell more. Here are eight great questions that you simply
can't sell without. These are not the only questions you could ask,
but they'll serve you well in every selling situation.
1. The Who Question
Never, ever assume that the person you are speaking with is the decision-maker.
Your contact may be only one of a number of individuals who could
influence the sale. Know the players so you can prepare strategies
and tactics to deal with them. Your challenge is to find out if there
are other participants in the decision without putting your contact
on the spot. If you're too blunt, the prospect might mislead you.
Here is a simple question that you can't live without. Use it every
time: Continue
Disarming
the Price-Squeezing CustomerReturn
to Top
Paul Cherry on Price Objections
What's a salesperson to do when customers are more concerned with
getting a low price than getting the best value for their money? Find
out how to get customers to look past the price tag by uncovering
what they value most.
You've been prospecting this company for ages, and finally got your
foot in the door. You're apprehensive because you're meeting with
the purchasing agent - not the big boss, but it's a start - and you
know you'll get hammered on price!
The agent shakes your hand. "Tell me what you can do for me -
and how much it'll cost me." Already, he's squeezing you on price!
You want to make him recognize the value of your business solution.
He only wants to dance around it, singing, "Sure, value's important.
But how will you save me money?" To land this sale, flip the
record and hear what he's really singing. Here are six techniques
to build rapport with mid-level decision-makers and prevent them from
getting hung up on price. Continue
The Best
Stuff vs. The Right StuffReturn
to Top
The Brooks Group on Establishing Value
Find out what quality has to do with getting your full price, rate,
or fee. It's not what you think. If your customers are haggling with
you over price, you need this advice.
If you want to earn a serious income as a salesperson, you must understand
not only what "quality" really is, but what it has to do
with how much your prospects are willing to pay for the products or
services you sell. You need to know how viable the quality of your
product or service is as a competitive advantage: In some cases, it
may be the single most important reason your prospect buys.
"But I can't sell on quality ours aren't really the best
on the market."
Most salespeople believe that quality means "best." But
quality does not really mean best. Quality means conformance to standards
and expectationsyour prospect's standards and expectations.
Quality means the right stuffnot the best stuff.
Quality is the correct stuff for your prospect's requirements and
needs, not the best stuff made. Continue
Are You
Impressive or Impactful?Return
to Top
Jill Konrath on Opening Statements
Do you put a lot of time and effort into creating the best impression
on prospects? Undoubtedly. Your opening statement, brochures, website,
correspondence and presentations, probably are all designed to make
your best impression. Yet, all this effort may actually be working
against you.
Finding the right words to describe your product or service offering
can be an agonizing task. As you well know, in today's crazy business
environment it's tough to stand out from the crowd and impress corporate
decision-makers. That's why all the time, effort and resources invested
in this valiant effort is so worthwhile.
But is it really? Before you answer, consider this meticulously crafted
statement found on a technology company's website: Continue
"Referrals"
Are a Waste Introductions are GoldReturn
to Top
Paul McCord on Referral Selling
Referrals get your calls answered and open otherwise closed doors,
right? Not really. Find out what you really need to make referrals
work.
Rick's client was somewhat uncomfortable with his request. The sale
had gone well enough--everything considered. But this last question
about referrals was a little uncomfortable. His client was completely
caught off guard. He wasn't the least prepared to give a referral
and wasn't comfortable giving one. But Rick asked and stood his ground
until his client coughed up the name and phone number of one of his
vendors that might be able to use Rick's services.
Rick was excited; as the referral he received was to a company he
had wanted to get into for quite a while. Better yet, it was a referral
to Nadia, the company's COO, the exact person he had been wanting
to reach. He quickly thanked his client and headed to his office to
call his new prospect. Continue
Preparation
Equals Negotiation SuccessReturn
to Top
Colleen Francis on Negotiating
Going into a negotiation can sometimes feel like entering a battlefield.
Great negotiators know that it pays to come to the table well prepared.
Here are nine areas you need to address to be successful.
Mediocre salespeople are notoriously bad planners. It can be said
that they habitually "play" more than they "practice."
They go into most sales interactions unprepared, thinking they can
"wing it" and negotiate "off the cuff." Top negotiators
know differently. Top performers know that in order to successfully
negotiate with clients they must plan carefully or risk being left
vulnerable. Without proper strategy, your opponents will use your
lack of preparedness to their advantage. In other words, you are likely
to give up more than you intended because you didn't have a plan.
Here are nine areas of planning to consider before you start a negotiation
with a client. Continue
Get Your
Prospects MADReturn
to Top
Sales Concepts on Qualifying Prospects
You probably think you need prospects to like you before they'll
buy. How about getting them MAD?
A key part of every salesperson's responsibilities is to keep their
respective sales funnel full of potential opportunities. The opportunities
can be new; some can be "organic" (from existing business).
Either way, both count based on the prospecting you have done to drive
business.
Whether you are at a trade show, over the phone, or face-to-face at
a customer's facility, you will need to quickly determine a prospect's
legitimacy. Wouldn't it be great if legitimate prospects wore buttons
that said "I'm The Man!" (or Woman). Of course, selling
is not that simple and the challenge of identifying the legitimate
prospect is part of the fun and excitement of selling. Continue
"Send
Me a Proposal"Return
to Top
Chris Lytle on Proposals
Wow, they must be serious -- they want to see a proposal. You'll
think differently after you check out this advice.
Here are four words you really don't want to hear: "Send me a
proposal."
If you have made a good presentation and the prospect has a problem
you can solve, then you want the prospect to write you a check. That
would be a better outcome than going back to your desk and writing
a proposal, wouldn't it?
Too many salespeople stop selling as soon as a prospect says, "Send
me a proposal." They take it is a buying signal and believe they
have had a "great call." Whenever a salesperson tells me,
it was a "great call," I know instantly that he didn't get
an order. Continue
Communicating
a Price IncreaseReturn
to Top
Mark Hunter on Price Objections
No one wants to be the bearer of bad news. So how do you tell your
customers that prices are going up?
Even the most sales savvy among us have had to fight back the nerves
that arise when we're about to tell a customer about a price increase.
It never makes for an easy conversation. When relaying a price increase
in a business-to-business environment, remember that your customers
have probably had the same discussion with their own customers. A
company exists only as long as it earns a profit and it can only do
that if it delivers a quality product or service at the right price.
The key to any conversation about raising prices is emphasizing that
the increase will ensure product quality.
To prepare your strategy for announcing a price increase, ask yourself
the following questions:
1. Does the customer take your product/service and add a standard
percentage increase in price when selling to their customers? Continue