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.

Prospects Lie Through Their Teeth!


Post in Online
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!


Post in Online
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.

Take the Pressure Off of the Cold Call!


Post in Online
July 25th, 2010
 

The cold call. OK, I’ll admit it. I feel a rock in the pit of my stomach when I hear the words. As with any other challenges, it’s always the anticipation that is worse than the actual experience. Oh sure, there is the once in a blue moon when you might get hung up on or kicked out of the office, but if you are real, sincere and honest going in, that sort of experience is rare. Read the rest of this entry »