sales tips & articles

Many salespeople looking to improve cold calling techniques tend to focus on the mechanics of the script or how to qualify but fail to look at whether they are getting a commitment from the prospect.

Telling a prospect what want to do and them agreeing, is not commitment, it’s just them agreeing to your process. Many sales reps seem happy that someone asks or agrees to be sent information and mistakenly think the prospect is interested and fail to get a commitment to follow up or a next step. More often than not it’s because the sales rep doesn’t want to push it or ruin it by asking for clarity and commitment as to the next steps.

A quick tip – if someone has agreed to receive information, they are not interested they just know it’s the quickest way to get a salesperson off the phone!!

Successful salespeople know that to gain commitment from the first call and get buy in this early in the process tells you so much about the quality of the sale and how quickly it will progress. When a lack of commitment is shown, it sounds warning bells that the prospect may not be that strong.

It’s important to understand that commitment is not the same as someone agreeing with you. Agreeing with what you have said or outlined is simply that – agreeing. Many salespeople make the mistake that because a prospect has agreed with them or even acknowledged the process the salesperson has outlined, that this is commitment.

Commitment is defined as “the act of committing, pledging, or engaging oneself” or “a pledge or promise; obligation”

For example:

Salesperson – “I can get the application form over to you by 3pm and if you get back to me by 5pm, I’ll have it installed by Friday”

Prospect - “Ok thanks, that sounds great”

There is no commitment that the prospect will do what you have said, all they have done is agreed with you.

You could instead try this

Salesperson – “I can get the application form over to you by 3pm, can you get it signed and back to me by 5pm so I can have it installed by Friday”

Prospect - “No, I can’t get it back by 5pm but I can get it back to you by 10am tomorrow morning.”

Here are a couple more ways to ensure your getting commitment from your prospects:

Committing to receive a follow up phone call – agree to date and time

“I know you’re extremely busy and I’ve got a crazy week coming up so why don’t we make an appointment to speak again. How does (insert day and time) suit you?”

Committing to an action – they do something for you prior to the next step or you do something for them

“Ok just so we agree, you will speak to your IT manager and get a copy of the specifications and his agreement in principle, so we can begin to develop the solution when we speak next week – agreed?

Committing to the next step

“Now that you have all agreed on the solution, what are the next steps from your side?

Committing to what they will buy, before they buy it

“I think we have everything covered and I’ll arrange for the paperwork we discussed to be sent over. Once we get the paperwork out of the way, how many licences do you think you will start with?
 
BEWARE!   These techniques will mean you have a lower volume of prospects in your funnel – yes less!!! No longer will your pipeline be full of time wasting, slow and low quality prospects. Instead, your pipeline will be filled with high quality, genuine sales opportunities that are well qualified and committed to the process – so you enjoy a higher rate of sales success.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and sales expert that works with businesses to increase their sales through strategy development, sales process improvement, sales coaching and mentoring.

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Did you come back from the New Year break invigorated and inspired to make 2012 your best year yet?

I love the saying "if nothing changes, then nothing changes" so in order to achieve bigger success this year, changes need to be made, and remember, it's not just the business which might need tweaking, ask yourself what you will do differently to achieve your goals this year.

Use these 5 quick tips and get motivated, get active and start taking the steps toward building your success this year.

Set Yearly, Quarterly and Monthly Goals.

What do you want to achieve each and every month? It can be related to sales figures, client numbers, performance, units sold or even the number of networking events & client meetings you would like to have. Ask your salespeople to write a one page plan and list their goals, what they plan to do differently and how they plan on achieving monthly and quarterly targets.

Regularly review progress

If you aren't already, hold weekly sales meetings to review the activity and performance of your team and ensure they are on track with their plans and sales achievements. 

Have you got a 'consistent' process in place to know where you are each month, identify red flags and ensure your salespeople are accurately estimating their potential? Receiving weekly forecasts and a pipeline from each person in the team provides much needed visibility into the future and allows you to provide feedback and take corrective action, if required.

Review your sales process

How easy is it for customers to buy from you? How long does the process take from first meeting to signed order to implementation and how many people get involved? How many leads or customer orders fell out half way through?

The sales process begins when you start discussing a potential opportunity with a new or existing customer. Review each step to streamline the processes and remove unnecessary steps or delays that may have caused the sale to stall or be lost. 

Knowing you are different just isn't enough. You might have the best product or the best servcie in the world but if no one knows about it, it's worthless. Additionally, staff who deal with customers tend to become bogged down in a world of negativitiy,  never ending issues and complaints and will lose sight of all the benefits and positives that the business has to over 

Analyse customer base and improve customer loyalty

The simplest and cheapest way of increasing sales is to look through your client base. Analyse your customer database to discover  what percentage of sales each customer contributed to the overall revenue. Classify your customers into A, B and C level depending on the spend, percentage or value to the business.

With particular focus on your A and B class customers, how loyal do you think they are? When things start to get tough and your competitors are knocking on their door offering savings, will they pay more to stay with you?

How will you demonstrate or communicate the value you bring, over and above what they are paying for?

Dig deeper and analyse what products or services each of your A and B  customers haven't bought and what else they could get some value or benefit from. 

Arrange to visit your customers and discuss their plans for 2012 and what they hope to achieve. Is there any products or services that you have that will assist them or make it easier to achieve? Use the visit to update them on your plans for 2012, how you plan to 'love them' this year, new products or services being introduced or talk about a product or service that they aren't buying that you feel they might get benefit from.

Lastly, let them know that your plans are to grow in 2012 and you would welcome any referrals or introductions.

Be different and yell it from the rooftops

Knowing you are different just isn't enough. You might have the best product or the best servcie in the world but if no one knows about it, it's worthless. Additionally, staff who deal with customers tend to become bogged down in a world of negativitiy,  never ending issues and complaints and will lose sight of all the benefits and positives that the business has to over.

Hold a staff or sales meeting and review the successes and positives from last year. Have a discussion on the differences between your business and the competition, as a group analyse your strengths and weakness vs their strengths and weaknesses. How can you use your strengths to highlight their weaknesses and how will you combat their strenghth over your weakness?

Keep focussed on the positives and discuss what is possible and what can be achieved when everyone stays positive and focused. This will help staff to forget the negatives of last year and see the potential opportunities of the future.

Assist staff who aren't comfortable talking about themselves by discussing ways these benefits and differences can be introduced into the conversation or how they can be used to overcome objections and negotiate. 

Understand and identify what new business you want

In the end, it all comes down to prospecting. When we know what we want, we know how to find it and prospecting is no different.

Don't leave it up to the salespeople to decide what customers your business should have in 2012. Share the new business strategy to the team and discuss what the business plans to do to support them and make the job of prospecting easier and more successful.

And remember................ if nothing changes, then nothing changes. Here's to great selling in 2012.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.

If you liked this article, subscribe to our monthly Sales Success ezine. You will learn...

* Easy ways to increase your sales and grow your business
* Simple strategies to sell yourself, even if your not in sales
* How to generate sales easier and quicker!

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For many people, just the thought of sales evokes terror and fear. Many business owners and salespeople that I have met and worked with have experienced some type of fear relating to sales or the sales process and typically, it’s a "fear of rejection".

When I started my sales career, I faced the similar fears but mine was around cold calling and the fear of rejection over the phone.

I would only cold call as an absolute last resort or when my Manager forced me to do it. Funnily enough, once I got through 2 or 3 calls I was on a roll and I would be successful in making appointments. The hardest thing for me was to just pick up the phone and start dialing the number. It didn’t take me long to realize that calls lead to appointments, appointments lead to quotes and quotes lead to sales. Over time, I got better and better and I knew how many calls I had to make to get appointments that would ultimately lead to sales. So my biggest fear became my biggest strength.

There are far too many people who are not achieving their sales targets, revenue growth or personal goals simply because they are allowing their fear to take over. When you learn to overcome this fear, back yourself and give it a go, you will be more successful. This success will inspire you to keep trying it again and again and again.

It’s also interesting to note that rarely, does the negative feeling or fear come true. For example, many people are afraid that if they ‘upsell’ or suggest accessories or add-on products (which is such a simple and effective way to increase sales) they may lose the sale. If it does, it would be extremely rare. The customer has already decided to purchase, so isn’t it simply good customer service to ensure they have everything they need?

Another fear that regularly pops up is asking questions. Just about everyone in sales knows that great questioning helps to overcome objections and progress the sale. However, many people don’t ask good, probing questions because they are afraid the prospect or customer might give them a negative answer or will feel like they are prying or being too pushy (when all you’re really doing is building a complete picture and understanding of their situation). It’s much better to know about these things during the sales process so you can do something about it, rather than finding out right at the end when it might be too late.

So what can you do to overcome your fear in sales? There is no magic answer or quick fix that will work for everyone but there is one thing that will absolutely make a difference.

Push your fears or concerns aside and just try

When you try, be realistic in your expectations as it may take you several attempts before you begin to get better.

Here are a couple of other suggestions that you might like to try:

1. Identify (and write down) the negative thoughts that come to mind when you have to do what you fear most.
2. Identify your underlying beliefs you have of yourself and the situation? For example, do you think you are bothering people and they will get annoyed when you call?
3. Write a positive belief that will empower you and to overcome it. For example: ‘What I have to sell is extremely valuable and can really make a difference to the business (staff/situation/life). This is a much better way of looking at it than believing you are annoying.
4. Ask a mentor, co-worker or friend to help you or role play with. Tell them what message you want to get across or how you want to sound and see what feedback or advice they can give.
5. Never assume that the outcome will be negative and it’s not worth asking or trying. If you don’t ask, you don’t get. For example, if a prospect is showing interest and giving buying signals simply ask the question “Would you to like me to arrange delivery for next week?” or “Would you be free on Wednesday to start”
6. Be realistic in your approach and understand that sales is a numbers game. Not everyone that you speak with or meet will have an immediate need for your product or service.
7. If you do encounter some negative comments, don’t’ take it personally, because it isn’t personal. It’s business.
8. Get inspired. It can be difficult to motivate yourself to do something that you are always putting off, so instead look for inspiration from those who have been through the same thing and overcome it. Ask them for advice and tips on how they overcame their fear and what success they got out of it. When you are inspired, you will be motivated to try.

There isn’t a person I know in sales or business that hasn’t experienced some type of fear they have had to overcome. So do as the author Susan Jeffers suggests and “feel the fear and do it anyway”

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.


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If you are targetting a particular industry or business type, getting involved with the relevant Industry Association is a great way to make new contacts and gain credibility and exposure.

I have used these for years and it has been a great way for me to target an industry sector, get new appointments and generate sales. Quite a lot of the Association websites will list their members by location or profession. Additionally, I find this a better way of accessing corporate decision makers who will not normally attend general business networking events.

Many Industry Associations have seminars and events that are very well attended (particularly if there is a guest speaker or topic they want to learn about) and that will allow you to attend as a Visitor prior to paying any membership fees.

This is not just limited to Industry Associations, there are a number of International Business Councils (India-Australia, China-Australia) that hold events and provide access to key decision makers
 
This is a great website that lists just about every Association, Chamber of Commerce and Business Council in the country.

Government and Business Directory


This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.

If you liked this article, subscribe to our monthly Sales Success ezine. You will learn...

* Easy ways to increase your sales and grow your business
* Simple strategies to sell yourself, even if your not in sales
* How to generate sales easier and quicker!

Enter your details at the top of the page or click here

Being aware of and managing the amount in your sales pipeline each week, fortnight or month can have the single biggest impact to achieving your sales consistently from month to month and quarter to quarter.

It is an important forecasting tool that all businesses should use even if they don’t have salespeople, as it clearly shows how many sales to expect and when to expect them.

If your not sure what a Sales Pipeline or Funnel is; it is simply a list of all the prospective customers that have indicated some interest in buying your product or service. They will all be at different stages of the sale depending on their interest level and buying cycle and some will drop eventually drop out.



Information such as total sale value, probability of sale and expected close date should also be included to complete the picture.

The term “funnel” is used because you need to continually fill the top with new opportunities to ensure you have an even and consistent flow of closed sales coming out the bottom. The stages can differ from business to business (i.e. can be simpler with fewer stages), depending on how you sell to customers and what the buying cycle is.

It is important to make sure the funnel is always being topped up with new opportunities, that prospects are moving through the stages and sales are being closed. When you need to close some sales quick, it is easy to identify who is the closest to making a decision (thus easiest to close) by looking through prospects in the negotiation or solution evaluation stage.

The sales funnel is a great tool to help you determine if you have enough prospects and to reduce the impact of lost or delayed sales on meeting targets. It’s all in the numbers and that’s why sales is called a ‘numbers game’. To work out how much you need, follow my example:

1. Start with your monthly sales target, lets say it is $25,000.
2. Work out what the average sales value is, even if it is a rough estimate.
3. Determine your sales conversion i.e. of all the first meetings you had or enquiries received how many of those where you successful in ‘converting’ from prospect to customer. e.g. If you received 20 enquiries and made 5 sales, you have a 1 in 4 sales conversion rate. 
4. So you will need ‘4 times’ the amount of your monthly target in your funnel at any time. If we go back to the example, you will need $100,000 worth of quotes or opportunities.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.

If you liked this article, subscribe to our monthly Sales Success ezine. You will learn...

* Easy ways to increase your sales and grow your business
* Simple strategies to sell yourself, even if your not in sales
* How to generate sales easier and quicker!

Enter your details at the top of the page or click here

Typically a cold call is the process of approaching prospective customers (called prospects) typically by phone but it can also be done face-to-face (via door knocking). The term 'cold call' is used because the person you are contacting has not asked you to call, is not expecting it and is not known to you.

Cold calling can be a legitimate and successful way of generating new business, if it is done correctly and professionally. This article refers to 'business to business' cold calling to generate an appointment rather than make a sale over the phone.

1. Use a friendly, conversational approach rather than a cold, direct approach.
2. Don’t try and sell on the phone; you can’t. You can, however, get a meeting or permission to send information.
3. Talk about how you can help that business or how you have helped other business. Don’t try and sell to them.
4. Name other clients that you are working with who are in a similar industry or who are a similar size to the company you are calling.
5. Set a goal for each phone call. Would you like contact information, a meeting or permission to send information.
6. Write down all the possible objections that you are likely to encounter and have an answer ready for them.
7. Target a particular Industry at a time so the script can be adapted and modified to their current situation, challenges or problems they may be experiencing.
8. Always treat Assistants, Personal Assistants and Executive Assistants with respect; they have the power to get you in or keep you out.
9. If you get through to the right contact and they sound busy or harassed ask them “is now a good time to talk?” should I call you at a later time?
10. Make your calls from 9.30am to about 11.30am and then start again around 2pm and go through till 4pm.
11. Set yourself a call target rather than a time target, it makes it easier to achieve.
12. Don’t leave messages; it is rare that anyone would call you back.
13. Ask or appeal for help rather than just going straight into a spiel.
14. Don’t be fooled into thinking that a person asking you to send information means they are interested...they are simply trying to get you off the phone!
15. If you send information by email make sure you follow it up the next day to confirm the person received it. This gives you the chance to ask them if they have any questions and gauge their interest in meeting.
16. Try and do your calls in a block of time, one after the other, after the other. After you have finished 10 calls, for example, then send out information or do follow up. This saves you reliving the ‘fear’ or the ‘pain’ of picking up the phone. After about 3 or 4 calls you will have established a habit and you will be much more confident.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.

Stand out from the crowd when you cold call with our Do-It-Yourself Guide to Cold Calling.Click here for more information.


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* How to generate sales easier and quicker!

Enter your details at the top of the page or click here

Do you get frustrated constantly searching for prospects and contact information? The traditional methods of building a list of people that you can market and sell to such as purchasing databases, driving around business parks and noting the tenants of buildings that you walk past are great, and they do work, however, they are costly and time consuming. If your looking for something quick and effective that you can do from the safety of your desk, try these:

1. LinkedIn

If you do an advanced search on LinkedIn you can search for contacts in a particular industry, location, position or a mix of all three (e.g. All Sales Managers in Sydney). It will give you their name and tell you if anyone in your network is connected with them, so you can ask your contact for an introduction.

2. Google Earth & Google Maps

Google Earth and Google Maps are great tools to find concentrated areas of business and to avoid having to drive around or randomly call through the yellow pages. If, for example, you have a client in Building A and you would like to find out who else is in that building that you can sell to (always smart to sell to their neighbours, it’s known as sandwich selling) or that location, a quick search on Google Earth or Google Maps will give you a list of the businesses in the building, the street and the suburb. Google Earth will also let you pan around the area and see other buildings and other streets.

3. Industry Association Websites

I have used these for years and it has been a great way for me to target an industry sector and get new appointments. Quite a lot of the Association websites will list their members by location or profession. A quick search will give you a list of their name, address and phone number.

4. Franchise Directories

Selling to franchises can be a very successful and very lucrative way to increase sales and help you to consistently meet your sales targets. This is where volume sales come in and when you have a critical mass of franchisees as customers, they tend to do the selling for you and promote your business through word of mouth and referrals.

5. Your Website

This one is mentioned a lot these days but I’m still amazed as to how many people don’t utilize their website to generate new enquiries or build their contact lists. Offering free tips, e-books or access to free resources and tips is a great way to build a marketing and prospect database. I send out information every 2-3 weeks on sales techniques, sales tips and free resources just like this blog article! It has been a great way of accessing people I would never normally come across as well as building my profile.

If you liked this article, subscribe to our monthly Sales Success ezine. You will learn...

* Easy ways to increase your sales and grow your business
* Simple strategies to sell yourself, even if your not in sales
* How to generate sales easier and quicker!

Enter your details at the top of the page or click here


This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.




 

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Is it just me or is 2009 going to be the biggest and best year yet?

Despite what is being reporting in the media and what we are seeing overseas, many of the people that I’ve spoken to recently are extremely motivated and confident that 2009 is going to be their best year yet (including me).

So if 2009 is going to be your best year yet, now is the perfect time to sit down and work out what you want to achieve and what you need to do to make this happen.

I believe that the businesses that adapt and change and invest in the development of their people will continue to succeed in 2009. There will be ‘pockets’ of opportunity in the marketplace that you may not have dealt with or thought about before so, get some outside help and develop a strategy to know where these are and how to find them.

Additionally, in some sectors there will be reduced demand, less opportunity to sell and increased competition so it is extremely important to ensure that you and your team have a consistent prospecting and lead generation strategy in place.

Salespeople also need to adapt and change. If you are working in sales and have targets to meet, have you thought about how you are going to achieve them? Do you have the right attitude, the right skills and the right approach to be successful? Business plans aren’t just for business owners, they are extremely useful tools for salespeople as well; they are a roadmap to success. It can be as simple as a one page plan that outlines your goals, your daily or weekly plan for prospecting and business development.

So don’t just sit back and see what the year will bring use the tips below, take action and be in control.

1. Be a leader. Don’t get caught up in the negativity or gloom and doom, instead, be inspirational and motivate your team to success. Remember 2009 is going to be your best year yet.
2. Take time out and get some ‘headspace’ to work on your sales strategy. Will you need to change your target market, the type of clients you work with, marketing activities or the way you sell to win new business?
3. Take this opportunity to make changes so you can readily adapt and respond to changing market conditions.
4. Identify skills gaps or weaknesses in you and your team and provide the necessary training, coaching or mentoring. People are the key to success and with fewer opportunities to make sales and increased competition, ensure your team is equipped with the right attitude, the right knowledge and the right skills.
5. Look after your customers because if your not, your competitors soon will be. Pick up the phone or arrange meetings with your clients to discuss their plans for this year and what they will be doing to ensure success.
6. Communicate with your team. Hold regular staff or sales meetings to discuss changes in the marketplace and brainstorm ways to overcome them.
7. Increase accountability. Review staff performance both weekly and monthly to ensure everyone is focused, on the right track and most importantly is building the sales funnel.
8. Be seen and heard. Increase sales and marketing activities so the market can find you and get out and network, network and network.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.

If you liked this article, subscribe to our monthly Sales Success ezine. You will learn...

* Easy ways to increase your sales and grow your business
* Simple strategies to sell yourself, even if your not in sales
* How to generate sales easier and quicker!

Enter your details at the top of the page or click here

It’s difficult to ignore the news of the financial crisis that is occurring around the world and the fear and uncertainty that it is creating. Here in Australia many companies have been tightening their budgets and reducing their spending over recent months and it looks like it’s going to continue. So what does this mean for those of us running businesses or working in sales?

To me it means choices. You can:

1. do exactly what you have been doing in the past and hope that it works
2. admit defeat and tell yourself there is nothing you can do, or
3. sharpen your sales skills and see it as an opportunity not a threat

Opportunities, at a time like this? Yes because situations and events create opportunities.

It’s times like this that many businesses are open to discussing other options and some may even need to evaluate current supplier relationships. It’s a great time to get back in touch with old prospects, find new prospects and to spend time with customers to ensure they are indeed satisfied and happy with your product and service.

No matter how bad the economy may or may not be, people and businesses still have problems that need to be solved and they will still need help to solve them. Sales may slow but they aren’t going to stop.

Here are some ideas on how you can increase your sales and maintain your client base:

1. Maintain or increase your marketing, it’s important to remain visible.
2. Re-focus your sales team and talk about the opportunities.
3. Re-contact prospects that have been called over the past 12 months.
4. Pick up the phone and talk to your customers.
5. Work on your selling skills, particularly your questioning. Make sure your asking the right questions e.g. “Why do you think that?”, “What impact will that have”.
6. Dig deeper and uncover the real need or buying reason. “We need to improve productivity by 5%” is not the real need. Asking “why” will start to uncover the real reason.
7. Improve your listening skills and be an active listener. If you receive a response that is vague or you’re not sure what it means, ask questions.
8. Focus even more on the needs of your customers and your prospects.
9. Stay positive, it will rub off on everyone around you.

Remember, “When the going gets tough, the tough get going and the rest will just complain”.

Which one will you choose?


This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.

If you liked this article, subscribe to our monthly Sales Success ezine. You will learn...

* Easy ways to increase your sales and grow your business
* Simple strategies to sell yourself, even if your not in sales
* How to generate sales easier and quicker!

Enter your details at the top of the page or click here