Archive | Sales Tips

Attention to Detail: 4 Tips to Increase Your Income

Attention to Detail: 4 Tips to Increase Your Income

Details are the finishing touch that bring back your customers for future business.  A colleague of mine manages nearly forty commission sales people.  The “best of the best” make huge income and are revered in the top 100 of a large, multinational company. What is their secret?

Make the customer feel special – like they are the absolute best client of all

1) Remember details about the customer’s personal and business situation

- How is your husband John doing these days?   I noticed his company had a new product out last week, and I bought some to try it out.

- Would your kids enjoy this online link to a contest we are promoting at our company?  I remember that they love skateboarding, and this link might interest them!

- How did the soccer finals go last weekend?  Is your son’s team in the playoffs?

- Send a condolence card if a customer’s relative is ill or passes away

2) Send small thank you’s after closing a deal, or to update the customer during the deal

- Mail a thank you card, with a personal note and small gift enclosed (eg $10 Starbucks card)

- Send flowers to host(ess) of events or when customer’s business reaches a milestone

- Email your customer with an update (and possibly an invitation for coffee) if the sales / close process is dragging on for reasons beyond your control

3) Appreciate your customer’s business by inviting them to events (business or promotional)

- Create annual or semi-annual appreciation events that combine learning and socializing for your customers

- For top customers, invite them to join you personally at events in their area of interest (sports, arts, community)

4) Make introductions – pass on your own valuable contacts to a customer if there is a win/win proposition

  • Ask your customer if they would appreciate introductions to your contacts
  • Ask your personal contact if they would appreciate introductions to your customers
  • Where contacts and customers would both benefit from shared communication, make an email or personal coffee/lunch introduction

These tips provide strategies to always think “customer first”.

Live and breathe a mindset of “How can I continually make my relationship with my customer stronger?”   This will grow your network of contacts and ultimately create long term business income, even in downturns.

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Words and Phrases that Sell

Words and Phrases that Sell

To persuade, motivate and influence you need to use the right words in your presentation and your presentation materials. To maximize your impact, try adding these words the next time you have a presentation. Continue Reading

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The Secret to Handling Objections

The Secret to Handling Objections

In my early years of selling, whenever I got an objection, my heart would sink, my stomach would go into turmoil, and my mind would shift into overdrive trying to figure out how to deal with it.

All my early sales training and all the sales books I’d ever read made a big deal about having to deal with and overcome objections. It was as though every sale contained a mountain called Mount Objection that had to be scaled before sliding down the other side to a Close. It seemed that if you didn’t get any objections, you weren’t really making a sale; you were just having a conversation with the customer. Continue Reading

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The Telephone —  Sales Tool or Club

The Telephone — Sales Tool or Club

Often when I suggest to salespeople that they do some telephone selling, a panicky look comes over their faces and you’d think that I’d suggested they pick up a hot poker and put it to their ear!

Part of this fear and disdain comes from exposure to extremely poor telemarketers who are blight on professional selling. Poorly trained telemarketers often use the telephone as a club to beat their prospects in an attempt to get their message across. Continue Reading

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Show the World You’re a Sales Professional

Show the World You’re a Sales Professional

It’s been almost ten years since I last went on a rant about the sales “profession” and what we can do to make it even more professional. So, here I go again!

First off, I want to say that I’ve been in sales for over thirty years and I’ve been proud to call myself a salesperson. But let’s face it, sales is not a profession and probably never will be. This doesn’t mean that selling can’t and isn’t being done in a professional manner but we’re not a profession. Continue Reading

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Dealing With the Long-Distance Buyer

Dealing With the Long-Distance Buyer

No, I’m not referring to a prospect that buys long-distance telephone services. This is about the buyer who is out of reach, the one you can’t contact directly because he or she is too distant.

Sometimes this distance is due to geography — the key decision maker is located in some other city or country. And other times it’s a result of the buyer not wanting to have direct contact with the salesperson. It’s this last challenge I’m talking about here. Continue Reading

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Predatory Pricing in a Competitive Market

Predatory Pricing in a Competitive Market

During our recent TeleSeminar on Handling the (Dreaded) Price Objection, I was asked a really good question by one of the attendees — How do you handle situations where your main competitor is always undercutting you by 20 percent or more?
It was a dynamite question and one that might be asked by many salespeople who are in highly competitive markets. Unfortunately, it’s also a question for which there is no easy or single answer, but here are some thoughts for you. Continue Reading

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Setting Price Expectations

Setting Price Expectations

No one likes sticker shock, not you and certainly not your prospect. The last thing you want when you mention your final price is for the prospect to gasp, clutch his heart and keel over. That’s why it’s wise to prepare your prospect for what’s to come in terms of the financial investment he will be asked to make.

This article is intended for salespeople for whom price is not their prime selling tool — salespeople who sell a quality product or service at a fair but, not necessarily the lowest, price. Continue Reading

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Fear Sells So Sell Fear

Fear Sells So Sell Fear

Any marketing person will tell you that sex sells. Well, I’m here to tell you that sex doesn’t sell; sex simply gets your attention. After your attention has been aroused, it’s one of the other two primary motivators, or dominant buying motives, that drives you to buy.

Those two dominant buying motives are desire for gain and fear of loss and most salespeople use the wrong one when trying to motivate a prospect to buy. Keep in mind that I’m referring to motivators here, not manipulation. It’s simply a matter of using the most effective tool to get the job done. Continue Reading

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Remove the Doubt and Make the Sale

Remove the Doubt and Make the Sale

Here’s the scene. You want to buy a service from someone but you’re not quite sure if he or she is going to do the job to your satisfaction. What do you do?

This isn’t an unusual situation. You’re about to deal with someone or a company you’ve never dealt with before. Maybe it’s time to add a new furnace to your home or perhaps you’re getting your vehicle repaired at a garage for the first time. How do you know they’re going to do a good job? How do you know you’re not going to be “ripped” off? What can they do to put your mind at ease before you spend your hard-earned money? Continue Reading

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Dress for Success

Dress for Success

You only get one chance to make a good first impression and what you wear has a lot to do with the impression you create. In this day and age of excessive casualness, it’s easy to cross the line and lose a sale, all because of what you’re wearing. Here’s an example.

The salesperson was giving a sales presentation to a small group of engineers who were all very casually dressed (no jackets, shirts with open collars and no ties). The salesperson was equally casually dressed.

Everything was going well until the company president, whom the salesperson had never met, joined the meeting. He entered the room wearing a business suit and tie. The visual mismatch between the person giving the sales presentation and the person who would be making the buying decision was as obvious as it was striking. The salesperson found himself at a situational disadvantage.

What do you think the president’s first impression was of the salesperson? Was it, Oh here’s a casual-looking, laid-back guy that I’d like to spend several thousand dollars with? Or was it, How serious is this guy? You be the judge.

Even if the president had joined the meeting wearing casual attire, he might still have looked at the salesperson and thought, How serious is this guy?

How seriously do you want to be taken? If you want to be taken seriously, you better look the part. Dressing appropriately not only affects how seriously some people will take you but it can impact your credibility with the prospect.

How much credibility would you give a financial advisor who showed up driving a rusted-out car and dressed in torn jeans? I’ll admit that’s an extreme picture but the point is that the image you present is the starting point for establishing credibility in your prospect’s mind.

Underdressed or Overdressed
If you’re going to err to one end of the scale or the other, err on the part of overdressing, but obviously not to an extreme. You don’t wear a suit and tie or a dress and high heels if you are going into an industrial environment. On the other hand, don’t wear cargo pants and a polo shirt if you’re calling on senior management. You must dress appropriately.

So what’s appropriate? Well, first off, casual or business casual is becoming less and less acceptable these days. There is a shift back to dressing up rather than dressing down. Business grunge is simply no longer acceptable for anyone who wants to move forward in the business world.

Sales Attire
Salespeople need to be even more aware of their attire than the average bear, but you can still get away with being somewhat casual as long as you’re not more casual than your prospect.

A rule that I learned many years ago seems to apply once again and that is salespeople should dress equal to or slightly above what their prospect is wearing.

Another rule is that you should dress like someone to whom your prospect would go to for advice. Either of these rules will keep you out of trouble.

Keep in mind that you can always dress down by removing a tie or jacket but you can’t dress up if your tie and jacket are still hanging up at home.

Dress Rules for Special Occasions
What do you do when you’re invited out to an event by a prospect or client? It’s always wise to ask what the dress code for the event will be. Even then, the various dress codes can be even more confusing than the DaVinci Code. Here are some definitions that may help you through the clothing maze.

Business Dress Categories
Casual: Means polo shirts, blouses, khakis, jeans, and cargo pants.

Smart Casual: Includes slacks, sweaters, and shirts with collars. Jackets and blazers are optional.

Dressy Casual: Implies dress shoes and better quality fabrics than smart casual (wool blends rather than synthetics).

Business Casual: A more tailored look than dressy or smart casual. It can include suits and dresses as well as blazers and slacks. Men do not require ties. In general, business casual for dinner almost always means wear a suit.

General Business Attire: This means suits and ties for the men and dresses for the women. Suits may have different colour pants or skirts and jackets. Men require ties.

Corporate Professional: Also known as “power dressing.” Single dark-coloured suits, usually wool or linen. Ties are required for men.

Be Prepared
As a salesperson doing business-to-business selling, it’s probably a good idea to treat a jacket and tie like an American Express card and not leave home without them. You may not use them but it’s better to have them and not need them, than to need them and not have them.

Corporate Attire
It’s appropriate in some businesses to wear clothes bearing the company logo. Monogrammed shirts and outerwear seem to be the most popular of these. Depending upon your marketplace and the level of the people you normally deal with, this is entirely appropriate. The rule here is to make sure that the garments are clean and fresh.

Look Good, Feel Good
As a professional, it’s always best to dress the part. That way you’re assured to not only give a good first impression but a good second and third one as well. Don’t let a little thing like what you wear get in the way of being the best you can be.

What you wear and how you look can affect the way you feel and the way you act. So dress for success… look good, feel good, and sell great.

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Know Who You’re Talking With

Know Who You’re Talking With

I don’t know about you, but I sometimes find it fascinating to listen in on other people’s telephone conversations, at least the half of the conversation I can hear.

I was sitting idly in the office recently when my partner took a phone call from a salesperson. I knew it was a salesperson because after she announced our company name her response to the caller was, “I’m fine thank you.” Now this means that whoever was on the other end of the conversation had asked that all-to-common grabber of an opening, “How are you today?” Continue Reading

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The Loneliest Job in the World

The Loneliest Job in the World

This article is for those of you who have been in sales for some time. Those of you for whom the glow of the job is beginning to dim a bit.

Some non-salespeople think that salespeople lead an incredibly busy social life, full of free meals and days on the golf course. That we get to travel to all sorts of interesting places and stay in great hotels, eat in fancy restaurants, and get to meet and entertain all kinds of interesting people. What a wonderful life we lead! Continue Reading

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Selling in Slow Times

Selling in Slow Times

Every salesperson eventually falls upon slow times. Whether it’s a regular seasonal slump, marketplace readjustment, or economic downturn, it happens to all of us. What salespeople do during these slow selling times is what separates the wheat from the chaff, the good from the bad, and the professional from the amateur.

Slow Time Blues
In slow selling times, retail salespeople can reorganize displays, restock shelves, do inventory, sweep floors, or stand around praying for someone to come into their store at which time they pounce on the unsuspecting prospect and regale them with their snappy opening, “Can I help you.” The general response, of course, is usually, “No thanks, just looking.” Continue Reading

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Beware of the Nibbler

Beware of the Nibbler

If you’ve been in sales for any length of time, it’s highly likely that you’ve had a run-in with at least one “nibbler.” No, a nibbler isn’t a person who nibbles on your ear (don’t you wish!); it’s someone who nibbles at the deal you’ve just made.

Nibblers are different than hagglers. Hagglers want to haggle over price and enjoy the sport of trying to get you to lower your price. Some people haggle because it’s part of their culture and they are trained from birth to never, never, pay the list or the asking price for anything. Others feel that they’ve got nothing to lose by asking for a better price and too often they’re right. Continue Reading

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Taking Your Prospect’s Temperature

Taking Your Prospect’s Temperature

Why in the world would you want to take your prospect’s temperature? You’re not a doctor. Well, it’s not your prospect’s body temperature I’m suggesting you take. It’s your prospect’s buying temperature.

Testing the Water
Just like you might test the water before you jump into a swimming pool to see if the water temperature is too cool, you can also check your prospect’s buying temperature before jumping in with a close. Continue Reading

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