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Archive for the ‘Sales Skills’ Category

How not to make a prospecting call

Monday, April 23rd, 2007

I was working from home when the phone rang. No sooner had I finished getting the greeting out of my mouth than the distant monologue began.

I somehow worked out that the woman on the other end of the line was calling from a charity. At the 30-second mark I interrupted her and asked her what the purpose of her call was, but she did not respond and just kept going. Sound familiar?

At the one-minute mark I again interrupted, and asked her what the purpose of the call was. Guess what she said? “I’m getting to it love!” She wasn’t rude and her attitude was generally bright.

The reason for her failure to engage me from the outset was her management team. They set this woman and others like her up to fail in the first place. What were they thinking?

Why does this problem occur?

I’ve been selling for more than 20 years and have learnt many things by trial and error, common sense and staying aware of market conditions and how customers like to buy. There is no shortage of information out there about prospecting, sales, etc.

However, I am still amazed at how people don’t know how to prospect successfully, given the plethora of calls we receive at home in the evenings, with very much similar outcomes to my experience. So why do many businesses still get this part so wrong?

Many companies still adopt a “tell and sell” approach! Which is all about “LOOK AT ME! LOOK AT ME!” or the “Talking brochure syndrome”, with their call scripts structured around information that is all about their company and not centred on gaining an understanding of the customer.

Sales people are relegated to reading from a “one size fits all” script that leaves the customer feeling disengaged and disinterested. Surprise surprise!

  • Sadly most salespeople have never been taught how to make effective customer-focused, out-bound prospecting sales calls that take into account the situation and needs of the customer.
  • Many telesales consultants and direct sales people usually launch into telling the customer about their product/service without investigating whether or not the customer might have a genuine need for their product/service. This approach is outdated and doesn’t work anyway.
  • Their sales training is really only training in the product or service’s features and benefits, not in how to position themselves to investigate and understand customers’ needs from the customers’ perspective, and then being able to take that information and provide a relevant solution
  • Over 90% of telesales consultants and sales people have no formal solution sales process to follow (how can anyone learn to follow something that doesn’t exist?).

Here are some sales prospecting tips:

  • Establish what a viable prospect or contact looks like.
  • Determine who you are going to target.
  • Establish the purpose(s) of your call. These will vary depending on who you are calling, which can include; an existing customer, a lapsed customer, a referral lead, a cold call (contact off a list), a referral source, or other.

Make the call and state your name and your company.

Ask: “Do you have a moment to speak?” (Even if they say no, you can arrange another time to call back or the prospect can say no with the correct perspective, as they don’t have a need yet).

State the purpose of your call, which is positioned from the client’s perspective in language they understand (you’ve got 10 seconds to say it).

Let prospective customers make an informed decision about how to proceed with you.

Develop a script outline to guide you with targeted, tailored questions.

Set aside a block of time each day to make sales calls. Always follow up. JUST DO IT.

Sue Barrett, is founder and managing director of BARRETT Pty Ltd, an Australian based sales fitness firm. Author of ‘Sell Like a Woman’. winner of 1997 Telstra and Victorian Government Small Business Award.

Professional Visitor or Professional Sales Person?

Tuesday, April 17th, 2007

I am seeing a lot of time wasted by sales staff aimlessly chatting with clients.

How often are you left with the feeling that your sales people are seeing clients, but beyond the “hello” and general chat, nothing of substance is happening?

I call it the phenomenon of “professional visitation”.

Often the cause can be isolated to a sales person’s reticence to ask the “hard questions”. Preferring to operate at a more superficial level, there is little chance the sales person will ever become involved in negotiating their way through customer demands and price issues.

Contact time with customers should always be productive. It is not just us who are busy – so are our customers, and the last thing they want is an interruption to their day that does not yield results.

Have a look at this profile and ask yourself are you employing professional visitors?

  • Continual rounds of visits to clients they are comfortable to do business with.
  • Lengthy amounts of time spent establishing “rapport”.
  • Difficulty zeroing in on real customer problems rather than symptoms.
  • Inability to effectively negotiate the way around the “price” question.
  • Sticking to the “safe” but irrelevant topics.
  • Walking away with no advancement in the sales process.
  • Selling the same old products/services, not adding new ones.
  • Customers continually asking for more discount.
  • The customer controlling the sales process, not your representative.

Have you ever thought that if only half the effort was put into representing the company’s interests as well as the customers, there wouldn’t be this constant battle to provide more discount, more often?

The professional visitor hesitates to get into the fray with customers as they are not comfortable being assertive. The cost to you becomes more volume at the expense of profit, a failure to see opportunities with customers, and longer than necessary decision cycles. Are these costs that you can continue to carry?

If you have any of these people on staff, you have a problem. Have a look at some of my other postings for how to get them performing better.

Are your self-promotion tactics ethical or not?

Saturday, March 31st, 2007

Today it’s not uncommon for some people to stretch the truth in order to get a job, get a sale, get ahead or just get noticed, but this behaviour raises some important issues about the good, the bad and the ugly of self-promotion.

We have all had an experience with someone, a sales person, a manager, an acquaintence, who didn’t seem to have our interests at heart. Something was telling you not to trust them but you couldn’t put your finger on it. They seem to be after VICTIMS not a viable prospect or a genuine contact.

Proactive self promotion is essential in sales today because good work does not speak for itself anymore – You DO.

So are your self-promotion tactics ethical or not?

There has been significant research undertaken over the last 30 years in the area of Self Promotion and its impact on earning capacity, image and credibility of people and businesses. The basic aim of self-promotion is sound: you’re communicating your abilities to people who can make use of them. A vital skill needed in today’s busy, cluttered world.

In its simplest terms, self-promotion becomes unethical when you’re promoting something you can’t (or don’t intend to) deliver. Some questions I have asked myself when examining my own (or someone else’s) behaviour:

· Do other people stand to gain from my actions?

· Do my actions have a positive influence on my own well-being and self-esteem?

· Do my actions move me closer to my short- and long-term goals?

· Would most people approve of how I prospect for new business or self promote?

If I can honestly answer “yes” to these questions… fine. But then I test them out by asking those who know me well to give me feedback on my self promotion activities by answering the questions above. You might like to try these too – if you get agreement that your activities are ethical then continue to use them.

In short … you work hard and perform your job well – you can and should, take pride in that. But if you want to be recognised and financially rewarded for your contributions, you must first make those contributions visible. The research also reveals that visibility precedes recognition, and it’s much too important to be left to chance. Only when your contributions are recognised can you be rewarded. Not until

It’s all about the relationship – don’t they get it?

Monday, March 26th, 2007

I was out on my daily morning walk yesterday and found myself reflecting on the value of relationships – personal and professional. Due to the growth spurts of my 2 boys I often find my daily walk includes a stop at a well known bakery and our newly adopted local fruit shop. This is where my story about the power of substantial relationships has its anchor point.

For the past year I have been trying to find a new greengrocer. You see my old green grocer, Sam retired last year after 44 years in the same shop much to my and others dismay. Many of us who shopped there were happy for Sam to finally retire but bereft at the loss of a fabulous weekly / daily relationship. I mean (being very selfish) who was going to replace the 21year relationship I had with Sam. I loved seeing him and talking to him – I saw his children grow up and he saw me become a parent amongst other things and we even barracked for the same footy team. Upon reflection we shared a deep and long-standing relationship based on something of real value and substance. It wasn’t just me being a customer or him being a greengrocer, it was so much more than that.

So back to my walk. In the last 12 months I have shopped at another greengrocer shop near the bakery but it just wasn’t the same. They were not interested in me in any way. No eye contact, just gruff grunts and empty words – it felt like they had a ‘empathy bypass’.

About 2 months ago I had had enough. I decided to walk up to another Greengrocer shop not too far away and to my absolute pleasant surprise found that the new owners and their staff knew about the value of relationships, not just selling fruit and veg. I love going there and building new friendships. And how’s this for coincidence, they know my Sam and his brother (who also had a fruit shop). Sam’s brother has recently retired too and many of his customers now go to this fruit shop. And the new owner of my current greengrocer is called SAM. HOORAY!

But wait there is more.

In the past 2 weeks who turns up working there 3 half days a week? My SAM. He was bored and needed something to do. When I saw him we hugged and were so happy to see each other. It was a great reunion.

I cannot speak for all people, however a number of my friends and colleagues are voicing the same views. We want to deal with real people who not only give us good quality at reasonable prices but people who value us as human beings in an integrated relational world. Not just in the retail world but in business relationships too. Have a look at www.cluetrain.com.au and see what I mean.

It got me thinking about any business and how we cannot have a business without some form of relationship with others. Here are some questions you might like I consider:

  • How does your business value relationships with its customers and suppliers?
  • How genuinely do you and your team connect with people who come into contact with you?
  • What do they remember you for?
  • What do your customers say about you when you can’t hear them?

I don’t know if your feel like me but for what it is worth I really don’t like going to large shopping centres and I am sick and tired of having to explain my entire banking and business history to the NEWEST business banking person each time I want to speak to the bank about my business needs. There is no relationship to speak of. No value creation and no value communication. The big banks and the large shopping centres might as well just be big warehouses full of stuff now.

A colleague and friend of mine, Debra Templar, has written a book on ‘How women like to buy? and according to her research:

  • over 85% of retail buying decisions (including cars, mortgages, homes, etc.) made in Australia are made by women.
  • In the USA and Europe approximately 41-47cents in the dollar is spent in independent retailers and in Australia only 21 cents in every dollar goes to the independants with 79 cents going to the big corporates.

In my opinion many big corporations have become so systemic in their way of thinking and acting that they have stripped out the intrinsic qualities so essential for value creation and communication and building of longstanding loyal relationships.

And what do many of us value? For one thing we rate authentic relationships very high on the agenda. I don’t know how much money Sam made a result of our relationship – I don’t care really because I got much than I paid for.

Many of my friends are voting with their feet, wallets, hearts and minds by going back to local shops and businesses where they can, not only get what they want and need, but can also develop real relationships based on something of value and substance.

By the way the latest medical research says that good relationships are not just good for our wallets they are very good for our health too. Here’s a link you might like to read as well.

www.cardioresearcher.com/Importance_of_Relationships


Relationship Dos and Don’ts

  DO form relationships that benefit both parties.
  DO revaluate the relationships you have to better understand the relationships you need.
  DO leverage infrastructure. If you have commonality on the hardware side, it’s easier to get to the so-called “soft side.”
  DON’T focus only on the financial benefits of a relationship.
  DON’T make the relationship one-sided.
  DON’T forget to evaluate the culture-fit between you and your partners.

Who is your brochure written for?

Monday, March 5th, 2007

Have you ever looked at who most company brochures are written for?

Every sales person or manager I have posed this question to looks at me sheepishly. Their gaze is averted and they appear embarrassed. They know exactly what I am talking about.

What they are embarrassed to admit is that most of the brochures or advertising material that we come across is written for the company — glorifying the company and its products, its commitment to customers, its founders or CEOs and so on, rather than speaking directly to the customer about the customers’ issues, concerns or aspirations and how the company is best suited to help them solve their problems or realise their goals.

Or at worst, it can get really out of hand where the company puts itself on such a pedestal about how holy and pious it is and how the customer will be welcomed with open arms and bathed in something esoteric and will be changed forever. What will change — well that wasn’t stated and we have no idea what will really happen to us if we talk to them — in short, lacking in fact and substance but very long on effect.

The book The Cluetrain Manifesto (a resulting force that rose out of the discontentment people are having with businesses and how they fail to communicate with people) really nails it when it says:

“Most corporations, on the other hand, only know how to talk in the soothing, humorless monotone of the mission statement, marketing brochure, and your-call-is-important-to-us busy signal. Same old tone, same old lies.

“No wonder networked markets have no respect for companies unable or unwilling to speak as they do. But learning to speak in a human voice is not some trick, nor will corporations convince us they are human with lip service about ‘listening to customers’.

“They will only sound human when they empower real human beings to speak on their behalf. While many such people already work for companies today, most companies ignore their ability to deliver genuine knowledge, opting instead to crank out sterile happytalk that insults the intelligence of markets literally too smart to buy it.�?

Get the message? All I want is someone to communicate in language that is natural, open, honest, direct, funny and even shocking if need be.

All I want is for someone to do what they say they will do in the time frame required for a price that is fair and I can trust them to deliver something of substance that I can benefit from.

All I reckon you need to do is write a brochure or ad campaign or marketing communications piece that says just that.

That’s all that most sales people want as well. We are sick of apologising for our businesses not being able to live up to false expecations and promises too frequently splashed about with gay abandon in the marketing materials, annual report, PR hype et al that we are required to use.

In a sea of spin, it is quite refreshing to have an honest, open and uncluttered approach that speaks in plain language I can understand — as the customer and as a sales person.