Original :: Focus on the WIIFT for a Powerful Presentation
Wednesday, November 17, 2010
Focus on the WIIFT for a Powerful Presentation
Saturday, November 13, 2010
Interview With Suzanne Paling Author of The Accidental Sales Manager
Original :: Interview With Suzanne Paling Author of The Accidental Sales Manager
Tuesday, November 9, 2010
Training New Pharmaceutical Sales Rep 2 Main Focus Areas
Original :: Training New Pharmaceutical Sales Rep 2 Main Focus Areas
Saturday, November 6, 2010
Ensuring You Select a Professional Speaker for Your Event
Original :: Ensuring You Select a Professional Speaker for Your Event
Wednesday, November 3, 2010
Sales Training And Goal Setting What Do You Want Out Of This
Original :: Sales Training And Goal Setting What Do You Want Out Of This
Saturday, October 30, 2010
Warm Up Cold Calls As If You Were Dialing From the Bahamas
Original :: Warm Up Cold Calls As If You Were Dialing From the Bahamas
Tuesday, October 26, 2010
Sales Appointment Training How to Make Your Cold Call Introduction Effective
Original :: Sales Appointment Training How to Make Your Cold Call Introduction Effective
Sunday, October 24, 2010
Discover the Clouds of Mysteries Surrounding Sales
Original :: Discover the Clouds of Mysteries Surrounding Sales
Sunday, October 17, 2010
As A Sales Manager How Do You Know When Youve Made A Hiring Error
Original :: As A Sales Manager How Do You Know When Youve Made A Hiring Error
Thursday, October 14, 2010
How to Overcome the Fear of Making Sales Calls
Original :: How to Overcome the Fear of Making Sales Calls
Monday, October 11, 2010
Get More Clients by Using a Compelling Elevator Speech to Engage and Not Just
Original :: Get More Clients by Using a Compelling Elevator Speech to Engage and Not Just
Friday, October 8, 2010
The New Selling Mindset You Dont Have To Hate Selling
Original :: The New Selling Mindset You Dont Have To Hate Selling
Monday, October 4, 2010
Surprising Sales Success
Original :: Surprising Sales Success
Friday, October 1, 2010
Foundations of Change
Original :: Foundations of Change
Tuesday, September 28, 2010
Motivate Your Sales Team With Regularly Scheduled Meetings
Original :: Motivate Your Sales Team With Regularly Scheduled Meetings
Saturday, September 25, 2010
Create Clients for Life With Low Pressure Sales Techniques
Original :: Create Clients for Life With Low Pressure Sales Techniques
Wednesday, September 22, 2010
Sales Prospecting How Sales Prospectors Generate Leads Effectively
Original :: Sales Prospecting How Sales Prospectors Generate Leads Effectively
Monday, July 26, 2010
what services should a sales trainer
Anyone who manages or owns a business knows that the sales staff are the ones that will bring in the new customers. Managers and business owners will also want to be sure that their staff is using the techniques that are guaranteed to bring in new customers and keep them coming back for more. One thing that a manager or business owner can do to be sure that their staff is using the right techniques is to give them effective training.Business owners know that to be at the top of the market, they will need to have a continuous supply of new customers and loyal returning customers. The owner of the business must give all of the tools that are available to the sales staff to make sure that thy can make that happen. A sales training company is one of the options for business owners in this position. If you decide to hire a training company for your sales staff, you should take the time to do a little research before you choose one. Make sure that they will offer the kind of sales training that you need.All businesses will need different techniques to bring in their customers. The training company should be able to decide what kind of training your staff needs and deliver it to them in a convenient manner.One part of effective sales is advertising. It is important that the sales training company that you hire offer advertising as a part of the training program. Your sales staff should fully understand how effective advertising could help bring in sales and keep them loyal.There are a variety of ways that the sales training can be accomplished. For businesses that have sales employees that work inside the business and on the road, there should be a method to train both sets of employees. Online training is one of the options for people who are away from the office a great deal. The sales training company can accomplish in house training for your other employees very easily.Some businesses fail to see the benefit of having their employees trained by a professional sales training company. All that you have to do to see the benefit is to look at the profits that are gained by a company that uses sales training for their staff. When an effective training program is given to the employees they will be able to bring in more customers than ever before. This is the advantage that many businesses need to stay on top in their market. Make sure that the sales training company that you hire has a method for teaching online sales as well as all of the other methods that are needed in the sales community today.The cost that is associated with a sales training company is small in comparison to the profits that can be gained. When you make an investment in sales training, you will be getting more back with the increased business that your newly trained staff will bring in.When you work a part of your business online you soon realize that your competition is in all parts of the world. To stay on top of this business and get a good percentage of the market, it is necessary to have a sales staff that is fully trained.
Original :: what services should a sales trainer
Sunday, July 25, 2010
how to give a referral and coach your
In the world of sales and small business, there is nothing more valuable than a referral. A lot of energy is spent positioning ourselves with our clients and colleagues so that we can take advantage of word of mouth advertising. In fact, business networking is predicated on the concept of building relationships with others so they will refer business to us.That being said, the logistical challenges of referrals often becomes a roadblock. What is the best way for someone to actually refer us? For example, many of us have heard this sentence from a client: "I told my friend about you - I think they could really use your services. I gave them your phone number" We sit by the phone andait, but unless the need is super-urgent, the call never comes.The easier we can make giving referrals, the more effective we can make it (and more likely to happen). Modern technology has the answer: email. There are two reasons for this. First of all, it creates a written record of the referral, so that the contact information is readily accessible. The second reason, probably even more important, is the the "carbon copy" function of email allows the person doing the recommending to notify both the person they are referring and the person they are referring to at the same time.When you send an referral email, it can be short and sweet. It should contain the following information:
Why you are making the referral.
How you know the referred.
That you are carbon copying the referred on the email.
The next action step.
Here is a sample email script you can use:"Hi John,I wanted to follow up on our conversation the other day. You said you were looking to build your business and I think working with a business and sales coach like David might be a big help. I met David through a networking group and I've had the chance to use his services - he really helped me out. You can contact at him by phone at _______. I've also cc'd him on this email so you can contact him at the above email address.Good Luck!Lisa"This works great when you are giving referrals. More importantly, this tool is vital when you are coaching your clients and contacts on how to refer potential clients to you. By having your clients and colleagues use the cc: function, you capture the prospects information. That way, if they don't contact you, you can follow up with them. It is a powerful habit to let every client or person who could refer you business know:"Referrals are a huge part of my business. And when you do have someone to refer to me, the best way to do so is to email them my phone number and cc: me on that email. That way we both have each other's contact info and I can expect their phone call."You can also follow up when you get a referral instead of passively waiting for the phone call that might not come. By plugging up the holes in your referral pipeline, both on the giving and receiving side, you will grow you business by leaps and bounds.
Original :: how to give a referral and coach your
Saturday, July 24, 2010
4 solutions to getting over cold call
Prospecting is one of a salespersons most important activities, and one of the most challenging. There are so many marketing messages competing for attention in the marketplace, it is hard to get heard. It can be even harder when you are first trying to start the relationship. Cold calling, one of the basic ways to start a new business relationship, is also one of the toughest. I once worked with someone who would stare at the phone for 30 minutes before he had talked himself into picking it up and making a call. Understanding why cold calling is so tough, though, can help you make it more effective.Cold calling is not a "natural" activity. We aren't wired to enjoy rejection, in fac, we are wired to avoid it. In fact, it's only in the last 100 years, with the advent of door to door and phone soliciting, that selling has required salespeople to encounter large amounts of rejection - with all of its negative emotional consequences. The dreaded cold call, then, is a relatively new challenge, and our underlying psychological framework is ill-equipped to handle it.There is an asymmetry of the psychology of phone prospecting. I was inspired by a reading of Nicholas Nassim Taleb's Fooled by Randomness. While discussing the psychology of the stock market (page 97), he points out that many people make poor choices because they respond to the frequency of events differently than the magnitude of events. For example, the number of losses is much more important than the magnitude of losses - we don't like frequent disappointments, even if they aren't very big. This hurts investors because, emotionally, it feels better to have lots of small gains and infrequent, but massive, losses. It feels better - but it affects the bottom line negatively.This also explains why most people have a genuine block to cold calling. It's an activity where even though the magnitude of the positive reward (a sale) is high, there are frequent small, negative outcomes (someone saying no). What also compounds this effect is that as the magnitude of the positive reward increases, the number of attempts and therefore negative responses increases as well. This is where the conversion rate can be informative. If your cold calling only has a 5% success rate, that means the out of 100 calls, 95 will not be successes. That is a lot of frequent, even if relatively tiny, negative results. It doesn't matter how big the pay-off is, if we have to go through lots of little disappointments to get there, we don't want to go.This asymmetry doesn't go away just because we know about it. We do most of our decision making emotionally, so even if we know intellectually that it's just a difference in frequency and magnitude that makes us loathe cold calling, it doesn't help us make more calls. Our brain understands it, but that doesn't solve the problem.To counter this challenge, then, requires us to counteract the feelings of negative asymmetry. In effect, we must booby-trap the mind so that the small but frequent negative responses don't paralyze us. There are 4 ways you can do this:1. Make less cold calls. The more you can minimize the frequency of negative outcomes, the better. This basically means you have to improve your conversion percentage as much as possible. Therefore, anything you can do to make less cold calls and more warm calls is a great use of your time. It can be valuable to take some of the time that you would use for cold calling and develop relationships that increase your effectiveness (your closing %) on the phone with your other calls. For example, networking or getting referrals from current clients takes an investment of time, but they can be a great way to build relationships and turn your cold calls into warm calls. This will minimize the number of negative responses you get and maximize your internal willingness to make calls.2. Increase your skill level. Again, anything you can do to minimize the number of negative emotional responses the better. Focus on improving your conversion rate - having 5 out of 20 positive responses is better than 5 out of 50 - you'll feel much better about it which will lead to more activity. If you experience more success, you will naturally experience less activity-dampening failure. It sounds simple, and it is, but that does not mean it's easy. Spend time developing your skills on the phone. You can develop your speaking voice (tone and inflection); work on the effectiveness of your telephone scripts, or develop one if you don't have a script; you can even work on "smiling when you are dialing".3. Fight your emotions with a constant reminder of magnitude. This is the way of resisting the downward tug of the frequent small disappointments that most people are familiar with. The most ubiquitous form of this reminder is a picture of a reward that you are working towards hung up by your phone. You can even post a copy of the paycheck you would like to receive. Another way to do this is have frequent conversations with a sales manager, colleague, or friend where they reinforce the magnitude of the positive pay-off. The goal here is to remind yourself that the magnitude of the positive outcome is so high that the little (but frequent) negative outcomes don't matter.4. Reverse the emotional anchor. This can be the most challenging, but ultimately most effective, way of countering psychological asymmetry. Because we avoid frequent negative experiences, even if they aren't very big, the trick is to make a "no" on the phone a neutral or even positive stimulus. Two ways to do this are the They said yes method or the Calling for no's method.
In the They said yes method, every time a prospect says no on the phone, hang up the phone and immediately say "they said yes!". It's a little bit of mental trickery that you are playing on yourself, but it works if you give it time. You are re-associating the no on an emotional level with a positive outcome.
In the same way, when you are Calling for no', you set a goal for the number of negative responses you want to hear on the phone. Obviously, you don't want to have people turn you down, but using your conversion rates, you can determine how many no's you typically get for every yes. For example, if you get 3 no's for every yes, and you want to get 4 yes's in a day - you can make your goal to hear 12 no's. Then when you get a no response, it's actually moving you forward on your goal for the day.
Using these four methods, you change the underlying emotional obstacles to using the phone as a powerful prospecting tool. Even though you might not fall in love with making phone calls, you will be able to make them an important and valuable part of your business.
Original :: 4 solutions to getting over cold call