In my seminars, we have an exercise that asks salespeople to consider the next three appointments they have set, and answer the questions, “What is your objective for that sales call?” The answers I received at a recent seminar fell into the following categtories: Create a need Discuss their marketing objectives Overview our capabilities Build … Read full article
Situation: a company’s top sales rep is promoted to sales manager, but does not receive sales training on how to perform a sales manager’s duties and responsibilities. Here’s what happens next… Untrained sales managers: Don’t know how to be an effective sales manager, so they continue to do what comes naturally — they continue to … Read full article
Mistake #9 Inconsistent recruiting and selection program. We have all hire somebody that didn’t work out the way we thought they would, so we all know the cost of a bad hiring decision….or do we? What about those candidates that we don’t hire? I learned this lesson years ago when I rejected on particular candidate … Read full article
“A problem well stated is a problem half solved.” Charles F. Kettering With a few variations, 80 percent of the objections sales people hear are: “It’s too expensive.” (I can’t afford it.) “It’s not in the budget.” “I don’t need it.” These objections point to a problem with a single cause: the customer has little … Read full article
Most C-Level decision makers are sick of educating sales people about his or her business. This explains why breaking into that level of an organization can be difficult. In order to sell at the C-Level, you have to fully understand the world of the typical CEO, CIO or CFO. Knowing their world involves knowing the … Read full article
“Progress always involves risk; you can’t steal second base and keep your foot on first.” Frederick Wilcox Your prospect now enters the Buy stage of the process, having completed the Need and Learn stages. In the Buy stage the prospect first experiences fear, putting the brakes to the whole deal. Eventually, if you pay your … Read full article
Quick review: there are Three Levels of Management within the Student role you play during Step 1 of the Buying Process. The three levels of Management are: CEO, Core Level, and the Support Level. If you can reach and do business with the CEO, you will discuss issues of competitiveness, cost cutting and efficiencies, and … Read full article
Ask any experienced salesperson to describe to you the steps of his or her sales process and you will get a clear and concise answer. Salespeople know the steps of their selling process. The result is that during the sales process salespeople tend to think about what they’ve been taught – the steps of the … Read full article
Negotiate Price Late in the Sales Process, Never Early There is no reason to discuss price until buying desire has been aroused. If you customer doesn’t need it, any price is too high. Discuss price only when buyers recognize what they need and why the need it. Lowering price does not necessarily make a product … Read full article
Throughout the first five steps of the buy-learning process, your prospects’ focus has been on achieving value. They have examined their problems, determined the problems’ seriousness, and examined the alternatives. They have a well-defined expectation of value because their attention has been on the benefits they will enjoy by purchasing. Now, in Step 6, Commitment, … Read full article