Nothing Happens Till you Sell Something


Post in Online
October 20th, 2010
 

We work so hard to get the deal. Investing time and research into our clients and getting to know every detail about their lives. We educate them about our product, providing way more information than they will ever retain or need to know. We craft the most thorough and competitive proposal, and then we get the deal!

It seems our job should be done, right? We can sit back, take a deep breathe and soak in the rewards of our hard work?

Wrong! In reality, nothing happens until something is sold! Then, the REAL work begins!

When I started in sales, I can remember being thrilled to get my first deal! I was selling print advertising. I put so much effort into creating a relationship with them and demonstrating that our publication was the best way to reach their audience.
When that contract came back with my client’s signature, I was ready to celebrate!

The office manager then came to my desk; “Their credit wasn’t approved.” I needed to get them to pre-pay which wasn’t going to be easy. Next, the production manager came to my office; “The materials they submitted were not the right format.” I needed to call and give the client more specific instructions. They were a small company and didn’t have a graphic designer. They needed help. I wasn’t authorized to offer free service from our production department. It was not a very big contract, so they would have to pay for their service. I had to go back and re-work the entire contract. These were all major hurdles that came after the sale had been finalized.

The challenge really begins when that contract is signed. Whether a print ad, a color printer, the newest high-tech MRI machine or construction equipment. Going after the sale is what you do every day. It’s what you know. Once that contract is signed, the mystery becomes what kind of challenge is coming your way next. We spend a lot of time putting out fires. The challenge is to put that flame out before the client walks away from the contract or decides not to come back once it expires.

If you haven’t learned yet, here is your lesson; BE PREPARED. Understand that if you let your guard down when that contract is signed, you’ll be hit that much harder on the other end. Be prepared that there will be fires to put out and loose ends to tie up. BE ORGANIZED. Try to foresee some of the challenges and loose ends that may cross your path ahead of time. BE PATIENT. You need to expect these challenges and handle them in a positive manner. Maintaining a patient mindset with co-workers will make it easier for them to want to help you. If you need to bring a challenge to your client’s attention, be as helpful as you can to help them through it. Think long term. You want this client to come back to you again and again. The more positive, patient and helpful you are, the more likely they will continue to come back, despite a few bumps in the road.

How To Sell Past the Gatekeeper


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September 28th, 2010
 

Ahhh, the gatekeeper. They should offer a college degree for this field, maybe even a doctorate. Maybe I’d go back to school and become one. It’s not an official position, but most of your prospects have them, and they are good at what they do. It’s a science that these people have perfected. The gatekeeper can be your best friend, or your worst enemy! If you can make friends, you’ll have an instant advantage. If you feel yourself become a fast enemy, you are going to have your work cut out for you.

What do they do and who are they anyway? Oh, those gatekeepers, they are tricky souls. They come in all sorts of shapes and sizes. Most anyone can be a gatekeeper. You can be friendly, a little rough around the edges, introverted or extroverted. Sometimes they are the receptionist at the front desk. Professionals at weeding out the people who advance to the next level to see the decision maker. Sometimes they are managers who present themselves as the decision maker, until it is time for the decision. That’s when they reveal their true identity and make it known that someone else has to sign off on the decision. But don’t worry, they’ll “be sure” to forward your information on and get back to you as soon as possible. Don’t hold your breathe.

Here is your mission should you choose to accept it. Ultimately, you need to get to the decision maker. However, there are rules to be applied to this mission. Rule #1: Do not rush down the gatekeeper and make a run for the CEO’s office. This is a No No. You might as well keep running right out the fire exit. Rule #2: Don’t just leave information for the decision maker with the gatekeeper and wait for a response. You’ll be old, gray and still waiting.

Let me tell you what you can do. Woo the gatekeeper. I don’t mean to completely kiss their derrière. I mean treat them with the same respect as you would the decision maker.  Ask them questions. Use them to do your research on the company and the decision maker. Most importantly, listen. Not only can they provide you with useful information, but they will respect you much more if they know that you take the time to listen. Use the to find out what their needs are and how you might be able to help them. Use your skills in communications and human relations to earn the respect of the gatekeeper. Use your skills in business and your product knowledge to win them over.

If the gatekeeper respects you, trusts you and understands your product, they will deliver you to the decision maker. Should the gatekeeper allow you to advance to the decision maker, you may find the rest of the selling process to be a breeze and the sale will soon be yours!

Prospects Lie Through Their Teeth!


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August 30th, 2010
 

Your clients might lie through their teeth, but treat them as though you trust them with your life!

Let me tell you the truth, for real. Your client, the one that gives you that feeling in your stomach that something isn’t right, is going to say one of two things. They will tell you what you want to hear, because they can’t say NO. Then when it’s decision time, they will be nowhere to be found. Or, they will tell you that your competitor has outbid you by a landslide, because they want a better price and they know that if they twist your arm, you’ll give it to them.

OK, so games aren’t for you. They aren’t for me. I’m an up front and honest person. You SHOULD be up front and honest. This will take you far in life and business. Just don’t call them a liar. Take the information that you are given as truth…. and trust your instincts to know that they are playing a game. Then move accordingly.

For those clients who are telling you “yes, yes yes” right up to the end, don’t go to the end. Catch them in the yes phase and do what you can to get them to commit. Get that yes in writing before they can disappear.  If necessary, make them think they are committing. For example, you might be meeting with a client and they’ll be fully engaged and committed in their conversation, but you don’t have the contract ready. Grab a pice a paper, jot down a sentence or two that sound contractual and ask them to sign it. Tell them that you just need a signature today to get the price you have discussed. Then, go back the next day with the official paperwork and get the signature. In the meantime, it commits the client until you wrap everything up.

For the clients who are telling you that your competition has come in with a more aggressive bid, this is a little more challenging. This is where doing your research comes in handy. You’ll need to know a little about your competition. If you aren’t sure, you need to work a little with them. Your proposal should be competitive to begin, but leave some wiggle room. Play along, but don’t give it away. You’ll also need to be sure you’ve really listened to your clients needs and met them with your proposal. The key with this client, really show the value. You’ll need to use your sales skills for this one. Compare your product to theirs. Explain why your product may cost a little more but offer so much more. Explain why your competition may not have met their needs but you listened careful to make sure those needs were met. By using this tactic, the client is really opening the door to allow you to educate them.

Take advantage of these situation and use their lying to win the sale!

Old School Sales Techniques Are Out of Here!


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August 24th, 2010
 

Taking clients out to lush and lavish dinners, sporting events or nights on the town. Working 4 hour days and spending the rest of the afternoon on the golf course with your favorite client. A little wooing and the client would be wrapped around your finger and your goal would be met for the month. Ah, those were the days.

It may exist somewhere, but good luck finding that job. Times have changed. More competition and tighter budgets make the sales process more challenging. Clients who are too busy during the day to golf and would rather be home at night with their families than at a baseball game with you.

It used to be that if you had a gregarious personality and plenty of confidence, you were guaranteed success in sales. While these qualities will still help you tremendously, being successful in sales takes so much more.

Take a look at these suggestions and you might just find that making some of these changes to your strategy will help you grow your sales in an economy that hasn’t seen much growth!

First, be aware of your competitors, their products and their prices. This will allow you to start off with a more competitive proposal. Leave room for negotiation, but know that if you aren’t competitive to begin with, you might not have a chance to negotiate. Price and value DO matter!

While the dinners and sporting events might be a rarity with customers, do attempt to create a personal relationship with your clients. Just be sure to add a personal touch to moments that they will remember. Send a small gift for your client’s wedding or birth of a child. A card on their birthday. A little thoughtfulness will go a long way in building a relationship. It simply isn’t going to guarantee the sale.

Include added perks in your business proposal. Do not simply sell them the product they are looking for, but show them some VALUE. Include something extra. For example, I work in publishing and I might try to bundle together some print advertising with web advertising and throw in a list rental to show them the overall value. My spouse works in business technologies and may throw in a free used fax machine or printer to enhance the value of his proposal.

Finally, be sure to provide continued service to your customers. Often times, even with the best of intentions, we get busy and once the sale is done, we do not speak to our clients again until it is time for them to buy. If you need to flag them in your calendar to stop in once a quarter, do that. Do whatever it takes to keep you organized and keep you in the forefront of your client’s mind when it comes time to buy again.

With a little more work, research, organization, and aggressive selling practices, you’ll be just as successful as ever.

Sales Managers Quick Tip: Motivating your Sales Staff


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October 25th, 2009
 

Motivating and managing key employees can prove to be one of the most difficult tasks required of business owners and managers, and the ultimate success of a company can rely on the ability to understand the most common mistake that sales staff make. It is important to realize that most people consider a job in sales to be very tough and a competent manager or business owner must be prepared to handle the perceptions of their staff. The most common mistake that sales staff make is generating too much of their time to non-revenue generating activities. While the sales force may believe that they are working incredibly hard, the fact of the matter is that most of the “hard work” does not actually accomplish any progress towards quotas or goals. Read the rest of this entry »

Suggestions For Overcoming Sales Comfort Zones


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October 16th, 2009
 

Ah, comfort zones. The bane of the B2B salesperson. I believe that the loss of productivity and sales effectiveness caused by the limitations of comfort zones is so widespread that it could be the number one problem for salespeople.

What’s a comfort zone? Since we are talking about salespeople here, it’s some aspect of the salesperson’s job with which he/she is Read the rest of this entry »

Sales Presentation Tips


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November 14th, 2008
 

The other day I was being pitched by a smooth talking sales VP from a technology company. I couldn’t have been more turned off by the presentation. We were using a online conferencing tool called WebEx. I had signed online and also called in to the conference call. I could see that he already had a power point presentation loaded up and ready today. This company knows very little about my company. After some quick introductions the Sales VP told me that he knows that this power point presentation is kind of irrelevant to our need but say he wants to show us anyway. Read the rest of this entry »

Sales Presentations Over Dinner


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September 14th, 2008
 

Taking a prospect out to lunch can be a great way to get in front of them. This being said it is also a way for a prospect to get a free diner. But like most professional sales people the cost of a dinner is well worth getting the undivided attention of a potential buyer or decision maker.  Dinner arrangements can be very crucial to success of the meeting. Try to learn or pre-qualify your prospects needs or desires. If you can impress them by taking them to a themed restaurant or match a restaurant to their food preference it will show that you’ve gone the extra mile to please them. Read the rest of this entry »

Are the days of meetings over?


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August 29th, 2008
 

With new advances in web meeting software and video conferencing abilities I wonder if face to face meeting will survive. I think that there is a profound value to meeting and presenting to someone in person. That being said there is also a profound cost, especially that meeting is located far away. I use trade shows and industry events as an oppertunity to meet with clients and prospects. This way I can kill two birds with one stone and save some money as well. I rarely ever make trips to see clients. I try to either mix it in with some prospecting or other business in the area. Read the rest of this entry »