Archive for sales

 

I just finished reading Craig Elias’ and Tibor Shanto’s book Shift!: Harness The Trigger Events That Turn Prospects Into Customers. The main idea of the book is that you can greatly improve your sales by improving your timing – namely, after they experience a Trigger Event and before they talk to your competitors.

The authors define three buying modes for customers  – 1) Status Quo, 2) Window of Dissatisfaction, and 3) Searching for Alternatives. According to SHiFT, most salespeople spend the bulk of their time talking to prospects who are either in the Status Quo or Searching for Alternatives modes. However, the best time to make a sale is when the customer has entered into the Window of Dissatisfaction. If you want to be the first viable seller to see the decision maker when they are in the Window of Dissatisfaction, you need to be aware of the common Trigger Events that cause someone to move from Status Quo to the Window of Dissatisfaction.

This book is written from a salesperson’s point of view but I think it also provides some insights for marketers as well. According to the authors, we are five times more likely to close a sale if we reach the buyer when they are in the Window of Dissatisfaction stage vs. when they are in the Searching for Alternatives stage. Why is this important for marketers? One reason is that because information is so readily available on the internet and from our various networks (both online and offline), decision makers are much further along the path to the Searching for Alternatives mode before they ever talk to a salesperson. This is similar to the ideas that Ardath Albee wrote about in eMarketing Strategies for the Complex Sale.

There are plenty of examples and worksheets to help you apply the principles in the book to your particular situation. I found the ideas in the book to be congruent with what we teach in Duct Tape Marketing and what I’ve learned in Sandler Sales Training. There is plenty of good information here, but you will need to do some work to incorporate it into a system of your own and use it consistently to reap the benefits.

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Categories : Books

If there is anything that professionals service providers hate worse than marketing, it is probably selling.

I'm a big fan of the Sandler Sales system, and I've posted about it several times on this blog. I wish they had taught this stuff in college (but would I have been smart enough to take that class?).

The Sandler Rules: 49 Timeless Selling Principles and How to Apply Them.  Adapted by David Mattson, outlines 49 "Sandler Rules". These timeless selling principles will be more successful by showing you how to be "180 degrees different from the traditional salesperson".

The principles are divided into three main parts. Part One outlines six rules, or core concepts, that will transform your selling process (or help you get one).

Part Two contains rules that focus on execution. The 27 rules in this section outline many of the tactics that you will use "where the rubber meets the road" during your sales calls.

The rules in the last section help us remember the proper attitudes that we need to have in order to be successful in sales.

Follow the rules in this book and your sales will definitely improve.

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Categories : Books

Attend This Sales Boot Camp and Finish 2009 Strong

Wednesday, June 10th, 2009

My buddy Dan Stalp of Brooks Associates, Kansas City's Sandler Sales Trainer, will be conducting his full day Sales Boot Camp on Monday, June 29th.

Here are a few things you will learn at the Boot Camp:

  • How to get your prospects to make and keep commitments.
  • How to shorten your sales cycle and reduce "think it overs."
  • What "stealth selling" is and why saying the opposite of what your prospect expects can change your business.
  • Why not every prospect deserves your proposal.

To learn more about this sales boot camp, check out this short video invitation from Dan.

P.S. – I've attended Dan's boot camp in the past and learned a TON.

Intuit Pays First Day of QBES Fees

Monday, May 11th, 2009

Smart companies are always looking for ways to make it easier for people to buy their products and services. Many businesses considering purchasing Intuit QuickBooks Enterprise Solutions (QBES) are not accustomed to purchasing the services of valued added resellers (VARs) who sell and install this software. Intuit is working with their partner VARs to soften the blow to the end customer while still allowing the VAR to earn money for their services.

According to Accounting Technology, Intuit is providing assistance to firms that sell its QBES applications by paying them $800 for typical first-day services, such as configuration, training, and setup.

Does your business rely on others to sell your products and\or services? If so, are there things you can do to make it easier for them to make the sale? If you sell your own services, what barriers that are keeping customers from purchasing can you remove?

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Kansas City Sales Training – Why Salespeople Fail

Monday, January 12th, 2009

Dan Stalp, sales coach with Sandler Training – Brooks Associates and friend of the program, will be conducting one of his Executive Briefings this Friday, Jan 16th. The briefing runs from 7:30 am -9:30 am and includes a breakfast buffet.

I work with Dan and have attended one of these briefings in the past. For me, it was a great way to actually experience how the Sandler Sales System is different from "traditional sales". I think that the business owners and professionals who typically "hate selling" will find Dan and the Sandler approach refreshing and something they can feel comfortable doing. Just as we are always preaching that you need a system for marketing, sales becomes so much easier when you have a proven system to follow.

To RSVP for the briefing, give Dan a call at 913.451.1760 ext. 101

Sales Lessons Learned At Panera Bread

Tuesday, October 28th, 2008

When professionals strike out on their own, they seem to face their biggest challenges in the areas of sales and marketing. I know that sales has been a difficult area for me. The skills and attributes that make us good at technical and consulting work are not the same skills that are needed for sales.

I have been working with Dan Stalp and Dick Brooks of Sandler Training – Brooks Associates to improve my sales skills. I have already learned a lot from them.  For example, I have totally gotten away from the sales call that turns into unpaid consulting.

I don’t know about you, but I find that when I am learning new skills, it is often easier to see the right or wrong behavior in others than it is in myself. Today I observed a conversation that reminded me of a couple of important sales tips.

Like a lot of small business owners, I spend a lot of time working in places like Panera Bread and Starbucks. Sometimes you can’t help overhearing the conversations around you. Today I sat next to a consultant who was telling a prospect about his business planning services.

Telling is exactly the right word. It wasn’t a discussion, it was a lecture. In fact, the thing about the conversation that caught my attention was that every time the prospect tried to talk, the consultant interrupted him so he could finish his “story”.

The consultant also spent lots of time answering objections that he must have anticipated would arise, because the prospect never raised them.

I didn’t time it, but they must have visited for at least an hour and it wasn’t until that last few minutes of the conversation that the prospect said “What I need is this, this, and this”.

When the prospect started to list how he thought the consultant’s solution would solve his problem, the consultant interrupted him again!

The point of this post isn’t to pick on this consultant. I’m sure I’ve done all of these things at one time or another. I hope I will learn from what I witnessed and continue to improve my selling skills.

So notes to self:

  1. You can’t figure out if your product or service solves a customer’s problem until you (and they) know what the problem is. The only way to do that is to ask questions and let the prospect do the most of the talking.
  2. Related to #1, don’t try to solve problems the prospect doesn’t have or doesn’t care to fix.
  3. Only the prospect can overcome objections.
  4. Don’t get in the way when a prospect is closing himself.