Showing posts with label sales best practices. Show all posts
Showing posts with label sales best practices. Show all posts

Sunday, March 5, 2017

In With a Plan, Out With a Sale

I'd like to say this once and for all - Luck is not a business plan! "Talent" is not a business plan! Whew! I needed to get that off my chest.
I work with small to medium sized businesses, and sometimes really large ones, and I'm amazed at the number of times I hear that there is no skills review or specific process for the sales team to follow. Entrepreneurs hiring sales reps tell me, "they should know what they're doing." Um, yeah, but so should you. Luck is not reliable and repeatable, and without a reliable revenue stream, you're out of business.
Most people who start a business are not sales experts, just like I'm not an automotive expert. But your sales reps should be. They should be going into every sales call with a plan that helps them qualify the customer, and present that customer with the right product to fill their needs. If your reps don't do that, every sale they make is based on luck, intuition, or personality. Not good.
Every sales call should have the same purpose: lead to a sale. The sales cycle for each business is different; selling cars is different from selling medical equipment. Each one will have a different call plan. What are the necessary steps for a prospect to go from zero to sold? All of them are part of your sales process. What needs to happen in person? Those are the parts of a sales call plan. Every sales rep should be using every part of the sales process. If they aren't, they're not doing their job. They should be able to discuss it with you, and they should be able to fine-tune and improve it over time. That way, they can share best practices between them, and all improve steadily.
While we're at it, let's stop selling like it's 1995. There is nothing your customer can't learn or find on the internet. They can probably buy it cheaper, too. That means you need to be there, where your customer is doing their homework. Have some solid online support for your business and your reps. Have a great website, and include a FAQ page. Do some inbound marketing, with social media (anything retail), white papers (business and professional services, technology), a blog (food, fitness, arts, in-home services) or newsletters, all linked directly to your website. People don't buy from businesses. People buy from people. Create a web presence that helps your customer learn your business's personality, and help them know, like and trust what your business will provide.
So, to recap: have solid web presence to help your clients learn about, know, like and trust your business. Sales reps should have a specific set of skills and a plan to learn to "right size" the solution they offer your client. Your company should have a clear, repeatable sales process that evolves over time based on the successes of your sales pros. And you can't rely on talent or luck to provide a steady revenue stream. You need a plan.
Elisabeth Marino is an sales process adviser working in Buffalo, NY, and a frequent contributor to LinkedIn. She has worked in sales development and evaluation for 17 years, and helped dozens of organizations improve their sales numbers. Connect with and follow her here, on Facebook as Sales Dynamo Consulting, and follow her on Twitter @SalesDynamoNY.

Thursday, February 23, 2017

Why You Need a PRSP

What's a PRSP? As you probably know, it's shorthand for Proven Repeatable Sales Process. Everybody talks about it, and throws around other business terms like Sales 2.0 and Inbound Marketing. Sheesh! Just keeping up with the trendy lingo can be exhausting, let alone figuring out if any of this stuff applies to you. So does it? Well, the PRSP does, and I'll tell you why.
It makes zero sense to repeat what you know doesn't work. How many sales calls have you and your staff been through? Does anybody keep track of the number of sales in relation to the number of sales calls (sales ratio?) Do your sales people write down the objections they hear in each sales call so they can spot trends, and adapt their sales call? Do some reps have sales that get returned, refunded, or reversed more than others? These are just a few of the ways to monitor what doesn't work.
What do all the sales that stay sold have in common? They had a sales process that worked. The 1) right prospect was asked the 2) right questions, needed 3) a solution you offer, provided with the 4) right information, reminded of the 5) urgency to solve his pain point, and provided a solution at a 6) price they thought was fair. There may have been all kinds of window dressing around it, but if the sale was made and stayed sold, these 6 points were there.
Look at each numbered point. Each one is a spot for a natural objection; it's an opportunity for the conversation to end, or to move forward with more confidence. If your prospects are well qualified, your reps can move easily through the process. If you prospect isn't a qualified buyer, the PRSP uncovers that before the conversation gets awkward, and you can visit them at another time when the fit will be better.
What if your sales reps used this 6 point system consistently, and didn't go off track? I'll tell you - fewer of your sales calls will end up in the weeds. You'd make more sales, and the sales would stay sold. But there's more to it than just copying the sales call of your best guy. Each sales rep and client are different, and you need to be able to frame the conversation and the information to fit each individual.
How do you make it happen? Start with those 6 points. Build a sales call worksheet that is as generic as possible that still fits all 6 points the way they work for your industry. Leave a spot on there to fill in objections, and track and count them. As the objections change and evolve, teach your staff to respond to them with information and confidence. You'll have a solid PRSP in no time!
Elisabeth Marino is an outsourced sales process adviser working in Buffalo, NY, and a frequent contributor to LinkedIn. She has worked in sales development and evaluation for 17 years, and helped dozens of organizations improve their sales numbers. Connect with her here, and follow her on Twitter @SalesDynamoNY.

Wednesday, June 3, 2015

7 Secrets of Successful Sales Pros

As I travel from client to client, I'm asked one question more than any other: What kind of people make the best salespeople? While there is no one answer, there are some common characteristics I see in most successful sales professionals. A great sales pro may not possess all of them, but they all seem to have at least a couple. These are the characteristics of the most successful sales people based on my surveys and experience:

The best salespeople are those who love people, and love their product. They find a way to enjoy every client contact. Real enthusiasm can't be faked, and the top sales pros bring it to every situation.

They understand that hard work pays off, and no work pays nothing. They don't care about quota. When they're ahead of quota, they work just as hard as when they're behind. It's the best way to keep the pipeline full and the customers happy. They do the "invisible work" of networking and researching so they're always prepared to act.

They are active and attentive listeners. Success in sales comes from being client-centered. The best of the best pay close attention to their prospects and customers, and always ask probing questions to get to the heart of the matter.

Giving up isn’t an option. Sales leaders work when they're sick. They work when they're tired. They work when the outcome looks iffy. If they don't succeed, it isn't because the didn't give their best.

They think on their feet, and make their company look good while meeting the needs of the client. Companies and sales pros succeed and fail together. If a customer loves you, but hates your company, the relationship is doomed to failure. Team spirit isn't just for sports, it's for business, too!

Solving the customer’s problem while achieving the customer’s goals is the most important thing to them, and they do it every time. The only goal a client wants to achieve is their own. They don't care if you hit quota, or if your company is having a milestone anniversary. They want to meet or exceed their goals. The most successful sales pros never forget this.

They believe in long-term planning their sales, so they never waste an opportunity to leave a great impression, even when a prospect isn’t in the market today. What makes a prospect a prospect is that there is a chance they will purchase your product or one that serves the same purpose. The best pros learn the prospect's business goals, and follow up periodically to stay current and relevant. If the prospects aren't in the market today, they will be another day. Generating a positive relationship with non-buying prospects saves a ton of groundwork when they finally are in the market.



All of these skills and characteristics can be developed. If your team is lacking any of them, coach them to add to their skill set, and to your bottom line!

Thursday, April 23, 2015

Volunteer for Higher Sales

When your prospecting and cold calling are letting you down, what can you do to freshen things up? How can you get doors to open instead of close?  Volunteer, and do so in a strategic way.


Volunteering is a wonderful way to stay involved in your community, and most communities have literally hundreds of opportunities open to you.  When you participate in a charitable organization, you inevitably meet new people, and strengthen your reputation.  You can sign up as yourself, or as a representative of your company.  I strongly recommend you volunteer in circumstances that will bring you into contact with a lot of people, not situations where you interact with only a couple. Your goal is to meet and interact with as many people as possible.  There are charity walks, charity runs, Habitat for Humanity community projects, and many more places to volunteer where you'll be exposed to dozens or even hundreds of people.  

Choose a cause you believe in and respect.  It's key to participate in community efforts that are genuinely important to you. If you are only volunteering to increase your network, you'll resent every moment of effort, and it will damage your reputation.  Instead, the idea is to aid your organization of choice while you add new members to your network to help you reach deeper into your target market and overall community.  If you’re like most people, there are several groups you’d be happy to help. Find local groups and events on websites like Volunteer Match and Volunteer Connection.  How does it work?

While you're working at your event, make an effort to get to know your co-volunteers. It's a networking opportunity on a much more personal level than the usual.  The fact that you're volunteering shows that you're responsible and hard-working. You and your co-volunteers have an interest in common, and you both care enough to donate your time. You'll have some business cards in your pocket, so you'll be able to share them with your new contacts before you leave. Make sure to take their information, too.

During the next work week, treat your new contacts like you would for any other networking opportunity.  Reach out to your new contacts and remind them of your meeting.  Invite them to coffee or happy hour.  Slowly move your new relationship in a professional direction.


Any of your new connections may be a door to a new level of professional networking.  The more people you know in your community, the more doors will open for you.

Monday, November 17, 2014

10 Best Client Communications Skills

The brass tacks of a successful client conversation come down to 10 points. They are simple to list, but take a little practice to master. Don’t worry! Each one leads naturally into the next, reminding you of where you’re headed. These techniques are effective in person and on the phone. Practice each one for a full day. You’ll be a better salesperson in 10 work days. Here they are:
  • Start with a smile and a warm greeting. You know the smile you give when you unexpectedly see a dear friend out of the blue? That’s the smile to share with your prospect the moment you make eye contact, before either of you have said a word. You’re setting the tone for the entire interaction. (You can even tell if someone on the phone or radio is smiling when they talk!) How do you feel when you receive that smile? It’s the same relaxation you experience when you are welcomed and respected. Give that smile, and mean it. Humans tend toward reciprocity. This means people usually respond in kind to the way they are treated. If they’re treated pleasantly and in an agreeable way, they’ll tend to react in a pleasant and agreeable way.
  • Call every prospective customer by name. People feel more important when called by name. If you don’t know their name up front, shake their hand, introduce yourself, and ask them. Repeat their name once you have it. “It’s great to meet you, Mr. Foster. Thank you for meeting with me today.” When you need to address Mr. Foster, use his name once every 2-3 minutes. It keeps him involved, and keeps you from forgetting it! If you believe his attention may be drifting, call him by name in your next sentence or question.
  • Listen and mirror. Listen to your prospective customer. Listen to their words, their tone of voice, and their style of expression. If they are speaking quickly and gesturing with their hands, they are probably excited. Mirror that behavior. Likewise, if they are speaking slowly and deliberately, be sure to enunciate and speak at a slower pace. Don’t copy their voice or hand gestures exactly. (That annoys people!) These mirroring techniques have been shown to make people feel understood and respected, even when no words are spoken. Putting your body in the some of the same postures they use will help you understand their mood and attitude. If your customer has a slumping posture, slouch just a little, and see how it makes you feel. Are their arms crossed tightly across their body? Cross yours loosely, and see how it feels. Once you correctly perceive their mood and attitude, you’ll address their questions more effectively.
  • Talk about your client. The only context that matters to your client is how to meet his own needs, achieve his own goals, and solve his own problems. Most people prefer to talk about themselves. Encourage them to talk by using probing questions. As they talk, you’ll be learning about what product to sell them, why, and often how. Everything they share tells you something about their needs, their qualifications, and about their buying process. Do not interrupt. It’s good stuff. Apply what you’re hearing to your sales pitch.
  • Thou shalt not speak ill of the competition. Never, ever, ever. Putting someone else down doesn’t make your product or company look any better, it just makes you look petty and like a gossip. It’s unprofessional, and in some companies it will get you fired. Most importantly, you are not talking about your product or your customer! Bring your attention back to where it belongs. Youcan emphasize that your product wears longer, or that your service is backed with a guarantee. Ex: “You can make this purchase with peace of mind. We’re proud of our guarantee. It’s the longest and most complete in the industry.”
  • When your shopper finishes a thought or asks a question, be ready with the next concept or question you want them to address. This is the most important skill in contact management. Ex: Client: “...and that’s why I’m in the market for a new system.” Short pause. You: “Mr. Client, we have a large selection of systems that will meet your needs. Tell me about how your staff uses the system. What do they need the system to do more effectively?” Back to Mr. Client: “Well, if the system could scrape data from a number of different applications and generate reports, that would be ideal.” Short pause. Now you:“That seems reasonable. Think of how much stress that would relieve! We have solutions that do just that. How many staff members will be working on this system?” Again, an appropriate response is tied directly to the next probing question. This technique should be employed on most or all occasions that you speak in the sales process. It makes you efficient, responsive, and most importantly, keeps your prospect talking. Conversational control usually fails if you have not mastered this skill.
  • Praise/thank your prospect. There is always a sincere reason to praise them, and it shows them you think they are important. Ex: “It’s a pleasure to meet you.” “Thank you for seeing me today.” Even when they call you, work it in. “It’s good to hear from you. What can I do for you?” Your client is, and should feel like, the most important thing you have going on right now. Ever come across one of those salespeople who treat prospects like they’re an interruption or an annoyance? Giving the impression you find your agenda more important than you find your client is a sure way to see to it they don’t “bother” you again.
  • Be well and fine and happy. Sales is a customer focused activity. If they ask how you are, you’re fine, or great or terrific. Now turn the focus back to your shopper. No one cares if your feet hurt, if you broke up with your sweetheart, or if you’re in a lousy mood. Well, at least, your client doesn’t. Clients want service. Pleasant service. Make sure they get it.
  • Try to avoid saying “NO.” Your shopper sometimes will ask you for things you can’t deliver. If they ask, “Can you give me another 20% off?” You say, “What we can do for you is this -.” When they say they want lifetime service free of charge, you can say, “We usually meet that need by doing this -.” Addressing the question with the available choices is usually enough to bring the customer back to discussing the possible. If you are forced to deny a specific request, be gentle but clear: “We don’t offer that option. We’re happy to offer this.” "No" is always a last resort. If you have to say it, don’t leave it hanging in the air like a bug you want to swat! Follow it up immediately with the solution you do offer.
  • Create a “Yes” frame of mind. In your discussion with your client, ask questions which lend themselves to “yes” answers. Ex: “You appreciate a good value, don’t you?” Or, “Your family is the priority here, right?” Follow these questions up with immediate facts that serve the subject. Ex: “This insurance policy protects your family in the case of a tragedy, and also creates an investment tool to make the good times even better.” Once a person sees that you’re on the same wavelength, they relax some of their defenses. Feeling understood helps people build relationships. Prospects stop resisting and start problem solving, which means buying.

Monday, August 11, 2014

Under-Promise, Over-Deliver

It's a great catch phrase, but how do you do it?  This isn't a trick of vocabulary!

When we go out and say, "We'd like to offer you - " it means we don't offer it now. Or, "Let's aim for tomorrow." These qualified terms have nothing to do with what your client hears.  What your client hears are the phrases closest to what they want.  If your client wants the product tomorrow, "Let's aim for tomorrow" means tomorrow to them.  It doesn't mean you're going to "try for tomorrow." To the client, it isn't maybe.  It means you will deliver. If you miss tomorrow, the client's faith in you is shaken. This is the entire problem.

Good sales reps occasionally slip up and say things like, "We can sometimes get this out in 24 hrs." All the client hears is tomorrow.  She doesn't hear the qualifying language at all!  If you want the client to have something tomorrow, unless you're planning to handle all the fulfillment yourself, you need to excuse yourself and make a phone call.  Never commit to anything on a tighter deadline than your company usually can deliver.  Even if your company advertises a 2 day turnaround, if usually it takes them 3 days, say 3.  If you deliver in 2, your client is delighted her order is early.  If you deliver in 3, you keep your promises.

If your client insists on a commitment that is tighter than your usual, you need to tread lightly!  There is little worse in a sales relationship than failing to deliver to your clients.  When the client presses for the impossible you need to avoid committing without your team's support.  "I need to see if we have that in stock," "Let me check in with our scheduler," and "I need to confirm with production" are all graceful ways to excuse yourself for the phone call you need to make.  If it really is impossible, don't waste their time.  "I wish I could, but instead let's aim for  -."

When you come back to your client after the phone call to the office, tell them the truth.  If you can meet the tighter deadline or accommodate the larger order, you don't want to leave the impression that this is normal order scheduling.  If you did it overnight, or a huge order on a dime today, that's what the client will remember. Make sure they understand that you moved heaven and earth to make this work, and you're shocked it turned out so well!  "In the future, we consistently want to meet your schedule without the miracles!  Let's work out a contact system where we can anticipate your needs." It gives you a great foundation for building a solid relationship with open communication.

Only make commitments you can meet.  Make sure you build ample time into your promises to cover reality.  Every time you over-deliver on time, or quality, you build trust in your relationship with your client.  Make it a habit!


Friday, July 11, 2014

Build New Business in 6 Simple Steps

Your New Business pitch needs to have a plan, but not a script. (In some cases, your pitch will have some language you use verbatim in every sale. If you have disclosures, they are usually mandated to include certain language.) Strong outlines and agendas for New Business calls are very effective. Rote-memorized scripts are not. What follows are skills and dynamics to add into your outlines and agendas. Stay in control of the conversation to hit your agenda points, and use these tools to educate, excite, and close your prospect.

Start building a pitch sheet. The goal is to present your product in the context of your prospect's business or life. Each heading below should prompt you to add specific concepts, questions, or phrases to your sheet. From there you can build an agenda of how you’d like your New Business calls to run, and polish some lines for your pitch.


Feature – A feature of a product is something positive and observable or concrete. It will include something that sets your product apart, like “leather seats” or “lightweight.”

Benefit – The way in which the customer’s situation is improved by the product. “Added comfort” or “time-saving” are benefits. They define experiences, not something concrete.

Differential Advantage – The differential advantage is the reason your product is the right choice for your customer, as opposed to other alternatives. Ex: When it comes to rain gear, most of us would like to stay dry, with style and durability for our money. When we’re at Niagara Falls and getting hit with spray from the falls, the flimsy little plastic pullovers at the merchandise stands have the differential advantages of being on site, and inexpensive.


Probing Questions - To fully understand what products and services your client needs, you need to learn about their pain. You need to ask questions. What isn’t working? Why doesn’t it work? How does that affect their business? These questions are all about establishing the specific needs of your customer, and bringing those needs to the front of your mind and theirs. Make notes of the answers. Probing questions should be a major part of every sales call you ever make. Finding a way to discuss what your client finds to be a problem and then keeping them talking about it is the bread and butter of daily sales work. It tells you what to sell them. Depending on your product or service, you may want to set a minimum number of probing questions for each interaction. I always aim for at least three, even on a grip and grin visit, and there is no upper limit.

Focus on the problem/solution equation 
Every product or service represents a solution to a want or a need. Focus less on your product, and more on the needs of the prospect. The right probing questions will lead to a sense of urgency on the buyer’s part. Encourage them to discuss how the solution will be implemented. The answer to any of the following questions can lead you to a solution-implementation conversation. What specific problems has the unmet need caused? How it will affect their life or business the longer their need goes unmet? Does this need arise often? How long has it been unmet already? How would it be if the need were met today?

Goal-setting – What are your prospect’s goals? It doesn’t matter if they seem to relate directly to your product at this point! Understanding what the prospect is working toward will give you more context for how they will make buying decisions. (If your prospect plans to sell their business within 5 years, and your solution will take 8 years to pay for itself, you may not want to emphasize the short term return on investment in your conversation.) Immediate, short term, and long term goals all matter to your current conversation. Of equal importance, they matter to your follow-up visits. Even if your prospect doesn’t buy today, you’ll have a relevant subject to discuss next time you talk – how’s that goal coming along? Remembering their goals (make notes!) and taking an interest makes you an ally, not just a supplier.

These steps will close more new business.  Incidentally, they'll also close more repeat business.  Commit to your agenda before you set foot in the door. Ask your questions, and present your product or service in the context of the client's world.  Help them see how buying from you helps them meet their goals.  You'll build your client base, and have more loyal customers.