“Are salespeople asking their prospects the wrong questions?” As I mentioned in my last post, this was a conversation that came up while being interviewed by Geoffrey James for an article he was writing for Selling Power magazine on what managers need to do to effectively coach their sales team when cold calling.

The answer to this question? Well, it’s actually yes and no. Yes, many salespeople are asking good questions that help uncover whether or not the prospect is a fit for the product or service they are selling. Conversely, many are asking the wrong questions that drive the prospect away from you, rather than move them closer to a sale.

The real universal gap that I see after coaching and training thousands of salespeople, regardless of industry or profession, is the set of deeper qualifying and disqualifying questions that need to be asked, which simply aren’t. These are the questions that go beyond uncovering the more obvious criteria that may determine whether or not the person is indeed a likely candidate for your solution, product or service. I’m referring to the tougher questions salespeople are more reluctant to explore that uncover the prospect’s underlying thinking, the real decision makers involved as well as the decision making process that goes on behind the scenes which most salespeople are unaware of.

Instead, these salespeople operate under a cloak of ambiguity and false hope. Because they don’t have all the data they need that would determine whether or not the selling opportunity is authentic, many wind up investing their time and energy on moving the wrong prospects through their selling cycle.

Now the cost to the salesperson and the company is exponential; lost time spent on the wrong prospects x time not invested uncovering the truly qualified ones.

If you are often left in a state of shock when you lose a sale you thought you had, never hear back from a certain prospect who you thought was great fit or if you’re spending your time guessing, hypothesizing, wondering and justifying why a prospect fell into the growing abyss of lost selling opportunities and stalled sales, I can guarantee you this; it’s because you’re not asking the deeper questions that need to be asked.

Download this ebook for free here.

Our new marketplace requires new strategies and a new way of thinking in order to achieve more and thrive. Here, you can access these new resources I developed specifically for salespeople and sales managers to attract more prospects, boost your sales faster and coach your sales team into sales champions so they can close more sales today.

Here’s the second in a series of new resources and ebooks I’m giving away.

The Seven Types of Prospectors

What kind of prospector are you? Although developing a unique, personalized approach to prospecting is encouraged, there are some pitfalls to be aware of and some communication styles to abandon that you may not even be aware of which will sabotage your prospecting efforts. Use this guide to uncover which of the seven types of prospectors you most closely resemble and what you can do to adjust your prospecting approach and communication style for maximum impact.

Download this ebook for free here.

Listen to the full podcast here.

Companies are running so fast in an attempt to catch up on their sales numbers that they aren’t aware of the blinders they’ve developed which are obstructing their view of the fuller picture when it comes to selling and driving the right sales activity, especially the deeper level of questioning and discovery every salesperson needs to engage in today.

Sure, you can ask your prospects the more generic questions about the current products, services, solutions and venders they currently use. But what about the questions that facilitate a buying decision; the tougher questions that help you better understand if this prospect is, in fact, even qualified to buy from you now, in the near future or ever? Delivering a recent seminar to a senior team of sales professionals reinforced how most salespeople, regardless of how experienced or seasoned, are still stepping over the additional questions I’m suggesting we need to ask.

I’m referring to questions that uncover:

Here’s a tip from your coach: Low closing percentages = a misalignment in who you should be presenting to and following up with in the first place.

If you don’t have the answers to these questions, you’re robbing yourself of the opportunity to enjoy the certainty and peace of mind that comes from utilizing a formulaic approach to selling. After all, if you define it, you can then refine it.

So, if you’re ever wondering why you or other salespeople fall into what’s known as a ‘sales slump,’ here’s the main cause of that. They aren’t honoring their sales process by the numbers and as such, those who continue to ‘wing it’ as their overall selling strategy are destined to experience the ups and downs in performance and in their stress level, as well as the waning sense of satisfaction and confidence that’s sure to follow in its wake when this amount of ambiguity and uncertainly is present.

In this podcast, I detail several critical questions you need to answer that will enable you to uncover the gaps in your data pool that in turn, will help refine your overall approach to how you prospect and sell and the measurable effort that’s required for you to do so successfully.

Listen to the full podcast here.

Watch the Video

Salespeople wear their emotions on their sleeve. As such, your prospects will sense your reluctance or fear. A prospect wants to do business with a salesperson that’s excited about what they have, not someone who is struggling to promote their product or service.

Rather than a sign of conviction, this can be construed as a sign of doubt or uncertainty. If you’re not convinced that what you have to offer is important enough to make a call, then how can you expect your prospects to get excited about what you have to offer? This will sabotage your cold-calling efforts, cultivating an unhealthy relationship from the start.

From: The Complete Idiot’s Guide to Cold Calling

Related Winning CanDoGo™ Insights

Never Cold Call Again

A Great Sales Coach Uses His Heart

Call Me Back Please!

Listen to the full podcast here

In this week’s podcast I discuss the difference between prequalifying and prejudging your prospects and clients. This is a critical distinction to get because if you’re prejudging them, you’re already creating a self imposed barrier to more sales and creating more selling opportunities.

To permanently eliminate any confusion, lets draw a distinction between what it means to pre-qualify and pre-judge someone such as a prospect. If you read my cold calling book, you know that I’m a strong advocate of pre-qualifying anyone before you invest your very limited and precious time in meeting with or speaking with them.

Conversely, pre-judging someone is something you do that shows up in the filter or barrier you have in your listening.

Here’s another way to distinguish between the two. When you are pre-qualifying someone you are arriving at a conclusion that determines whether or not there’s a fit worth pursuing based on a defined set of criteria you uncover through the use of well crafted questions.

Pre-judging said simply, is all about you. Here, you are relying on your faulty and costly assumptions, thoughts and beliefs to determine their needs and whether or not this prospect will potentially buy from you.

When you pre-judge someone you’re making assumptions about them before you ask any questions or uncover any facts.

When you pre-qualify someone, you’re asking questions to uncover their unique and specific needs without making any assumptions so that you can determine very quickly if there is in fact, an authentic fit worth pursuing.

Listen to the full podcast here.

Concerned about how to find new and profitable prospects to develop and maintain your customer base? Then stop stressing over how to do it and attend this live, 60-minute Audio Conference that I’m delivering in two weeks and learn how to cold call and prospect like a sales champion. Below are the details.

TITLE: Win More Prospects Today: Dramatically Increase Your Selling Opportunities to Boost Your Sales

DATE: Thursday, April 30, 2009

TIME: 1:00-2:00 p.m. EASTERN STANDARD TIME

LOCATION: Your Phone

PRESENTER: Keith Rosen

Click here for more information or to register now for this exciting event or call 800-964-6033.

SUMMARY
Prospecting in this tough economy can leave salespeople banging their heads against their desks. However, finding new and profitable business has never been so important. You must find new prospects and develop great relationships today so you and your company will be thriving and well positioned in your industry when the economy turns around.

Join us for this 60-minute conference where you and your colleagues will get the tools to:

• Learn lead generating ideas to keep your pipeline filled all year
• How to get past the toughest gatekeepers and straight to the decision maker
• Follow up strategies that grab attention without the pestering
• Ways to handle “I’m not Interested” – Overcome any objection

PROGRAM BENEFITS
This practical 60-minute, audio conference will provide you and your colleagues with the skills needed to prospect effectively and efficiently over the telephone to increase sales and boost revenue.

PROGRAM HIGHLIGHTS
How to Make the Gatekeeper & Voice Mails Your Ally
• Learn what to say to get you in the door – and get your calls returned
• How to build instant rapport with gatekeepers – get them on your side
• Must know fatal cold calling mistakes every salesperson makes

Heat up Your Cold Call & Pump Up Your Prospecting
• How to find customers who ARE buying and avoid ones who aren’t
• Learn opening statements that will keep prospects from hanging up
• Successfully overcome your fear of cold calling. (It doesn’t have to be painful!)

Understand Your Most Valuable Proposition
• Increase sales opportunities with crafted prospecting templates
• How to ask the right questions- get the prospect to reveal their pain
• Be aware of words that work & words that destroy selling opportunities

Click here for more information or to register now for this exciting event or call 800-964-6033.

Hosted by Progressive Business Publications, a leader in fast-read actionable advice on workplace issues, the audio conference gives you the opportunity to add immediate, impact to your prospecting efforts in a manner that is:

FAST - No wasted time here. Get right to the heart of the matter in a 1-hour block designed to easily fit into your busy schedule.

CONVENIENT - No airlines. No travel. No time out of the office. Listen from the comfort and convenience of your desk.

EASY - A telephone is all the equipment you need. Just dial in, punch in your access code, and you’re in. That’s it. Follow along with the audio conference handout that will be provided in advance.

ACTIONABLE - Our audio conferences provide money-saving tactics you can start using right when you hang up the phone.

IDEAL FOR MULTIPLE LISTENERS - Use a speakerphone and as many people as you want can listen in – at no extra cost to you. Many professionals use these sessions as a cost-efficient, time-efficient means of training supervisors, managers, and staff and reinforcing key issues in a fresh new manner that they will remember and act on.

AFFORDABLE - Priced at $199, it is a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.

Click here for more information or to register now for this exciting event or call 800-964-6033.

Refine Your New Business Development Strategy to Win New Business

Use this checklist here

Do you prospect effortlessly and have a steady flow of new business? We all need more selling opportunities. To find them, we need to connect with more qualified prospects.

Sometimes new isn’t always better. Here’s an incredible tool I created years ago when I came out with my cold calling book. I’ve used this countless times to help coach salespeople and companies to develop and fine tune their cold calling approach and strategy to schedule more appointments with the right decision makers that will accelerate your selling cycle and ultimately close more sales.

Managers love this checklist because they can leverage this as a tool to help coach their salespeople and uncover the more elusive gaps in their follow up, warm calling or cold calling approach. Remember, coach the process, not the result.

Use this appointment setting and new business development checklist to discover what it takes to cold call or prospect like a pro and see if you’re set up for success or failure. The Prospecting and Cold Calling Tune Up is a checklist that contains all of the components needed to develop a masterful prospecting and follow up system that’s been proven to bring in new business, fast.

If your prospecting system does not contain the listed components, then you can find everything you need to develop a masterful prospecting system by clicking here.

This prospecting and cold calling checklist will help you identify what you need to refine or develop in your approach to retrain more customers and get into bigger accounts, set up more qualified appointments with decision makers all the way up the C-Level chain to the CEO, get more voice mails returned, set up a step by step prospecting and cold calling strategy that works, close more sales and help your salespeople fill their sales funnel with more qualified prospects.

Make it rain more than ever before. Adopt to the new rules of engagement and win in today’s economy. Tune up your approach here.

Many of the strategies that we engage in today, whether in our thinking as well as in our actions, are often counterintuitive to what we may believe would be the solution to achieving our goals and objectives; especially as it relates to cold calling and prospecting for new business.

Here’s a sample of the top paradoxes of prospecting that make prospecting so challenging. However, once these paradoxes are woven into your thinking, you’ll notice how these contradictions will provide you with a competitive edge that no other marketing piece, feature or benefit of your product or service could even come close to.

1. You want the sale (appointment, demo) but you must detach from the outcome and have no expectation, since the sale is not the initial goal of prospecting.




2. You want the prospect to say “Yes” to taking the next step in your sales process but you have to qualify them first to see if there’s even a fit worth pursuing.




3. You want the prospect to buy from you but must learn to give value unconditionally, whether or not they buy or meet with you.




4. You want to deliver and push through your presentation but you must get the prospect’s permission even before you present.




5. You need to keep your eye on your objective, set your goals and plan your strategy for the future to determine the path to travel on but you must bring yourself back into the present moment during every prospecting conversation.




6. You want to make more money and achieve greater success in your career but you have to make the sales process about the prospect, instead of you, in order to do so.




7. You want to sell to each prospect you speak with but need to qualify them to see if you even want them as a customer. (Remember, if you want to build a business or career you hate, just find the people to work with who you just can’t stand.)

Lets face it. You and I both know that the ultimate objective of your prospecting efforts is to sell more and boost your income. However, to achieve this goal, it’s just not where you are going to focus your energy and thoughts.

If you can understand and embrace these paradoxes, you now have the opportunity to respond to each prospect in a healthier, more productive, and more enjoyable way.

Here we are, in the third week of Hoover’s Customer Appreciation Month. This week’s focus: Presentation Skills and Closing the Sale.

So, I thought this story was apropos. My wife and I attended open school night last week. It was the first time we had an opportunity to sit down and listen to the plan that my daughter’s third grade teacher had for her students.

As an illustration of the importance of reading comprehension, she asked us to do the following exercise. “Read the following excerpt of this book and tell me what you think the story is all about,” she directed. She also informed us that 85% of the words would remain in the story and only 15% of the works in this excerpt would be removed.

After reading the story, she made her point. As parents, we may think that an 85% comprehension of a story would be fine for our children when reading a story, right? I mean, it’s practically 100%. However, the fact is, the omission of just 15% of a story greatly affects someone’s comprehension of that story. I’ve included the story below for your to read and judge for yourself.

Now, consider how this ties into the importance of a successful presentation. Think about how critical it is for you to not only develop and refine your compelling message and Most Valuable Proposition but to position and communicate it to your customer in a way that they truly hear and understand it. There’s a big difference between being heard and being understood. It’s your job to ensure you are communicating to your customers and prospects in the way they communicate and process information, then confirm that the message you sent was the message that was received.

The most effective presentations are going to be evaluated by the result, not the vast amount of information you can disseminate to a prospect. Keep your PowerPoint at bay until you’ve determined exactly what it is your prospects wants to hear and needs to learn. And remember, if you want to increase the impact of your communication and presentations, it’s your responsibility to make sure that 100% of your message is truly understood by every person you speak with.

2-5 Advanced Section 24

Pickle Puss by Pat Reilly Giff (Guided Reading M) (85% accuracy: 58 errors)

Emily XXXX jumped down the XXXX. She XXXX across the XXXX. “Wait for me,” her little XXXX, Stacy, yelled. Emily looked back.

“Stacy XXXX the XXXX door. She was XXXX a XXXX on her head. She had her mother’s high XXXX on her feet.

“You can’t go like that,” Emily said.

“I’ll take off my XXXX,” Stacy said. She dropped the XXXX. It XXXX on the grass. Emily closed her eyes. “XXXX.”

Stacy clicked down the XXXX. “Mrs. Baker will love my red XXXX.” Emily started XXXX the street. “Walk XXXX,” Stacy said. “It’s hard to XXXX up.”

Emily took Stacy’s hand. “Try. We’re XXXX XXXX.” At the next corner they saw Richard XXXX. He was XXX X under a bush.

“XXXX, Beast,” Emily called. “Where are you going?” he yelled.

“To the XXXX,” Emily said. “Today’s the day Fish for a Good XXXX starts. We can do it all XXXX.”

“Not me,” Beast said. “I XXXX enough in summer XXXX. Too much.” He sat back. “Besides, it’s XXXX. XXXX starts soon.”

“Emily’s going to fish,” Stacy said. “Right Emily?” Emily XXXX. “I’m going to get a pile of them.”

“So is Dawn,” said Beast. “And Jill, and Timothy XXXX.” He shook his head. “Too bad Matthew moved away. He’d like to fish too.”

“Did you hear from him?” Emily asked.

Beast held up one XXXX. “I got a XXXX. A skinny little XXXX. Matthew’s a terrible XXXX. I couldn’t XXXX it.”

“Come on, Emily,” Stacy said. “It’s too hot to XXXX XXXX.” Emily and Stacy went down the street. They turned in at the XXXX.

“XXXX,” said Stacy. “Lots of kids are here today.” Emily waved at Jill and Dawn. Then she looked up. There was a new XXXX on the wall. It was a picture of a boy fishing. He was fishing in blue XXXX water. Red and blue and tan XXXX fish swam in the water. Up on top said FISH FOR A GOOD XXXX.

“I’m going to get lots of fish,” Stacy said.

Emily shook her head. “You don’t have a XXXX.” “Mrs. XXXX will give me one,” Stacy said.

“No,” said Emily. “Not until you can XXXX your name. That’s the XXXX.”

Stacy stuck her lip out. She looked as if she were going to cry. “How can I learn to XXXX? Nobody will let me go to XXXX.”

Emily XXXX her XXXX (397 words).

Quite often when we think of qualifying a prospect, we believe this process to occur earlier on in the relationship. However, the qualifying process can take on many forms. Here are three different strategies you can incorporate into your prospecting efforts as it relates to qualifying your prospects at a much deeper and more rewarding level. You’ll notice new selling opportunities right in front of you that you never knew existed before.

#1 – Learn from Each Call – Conduct Valuable Research

For those calls where you feel you’ve given it your best effort and you’re just not getting anywhere:

“I do apologize for the intrusion as well as my approach. I can understand how people are a bit skeptical of a cold call. Quite frankly, so would I. May I ask, when making a decision on what [venders to choose, products to buy, services to use], how do you go about gathering your information? This way, if I ever get a second chance to speak with you, I can honor your decision making process and hopefully connect with you in a way that you are more comfortable.”

OR

“What would have made you more receptive to my call today?”

#2 – Prospect Your Prospects

For those prospects who may simply not be a fit, yet may know people who are:

“Mr. Prospect, thanks again for taking the time to speak with me today. I’ve certainly enjoyed our conversation. Based on what you are currently doing, it seems that our product is not a good fit for you. However, I hope our conversation reinforced what a great job your current vender is doing for you.

While there may not be anything I can provide you that would make a measurable difference in comparison to what you are doing now, maybe there’s another way we can work together. In your line of work, I’m sure you run across other people who have shared similar challenges that you had and might be looking for a better solution. If you know someone who is always looking out for ways to do things better and who you feel could benefit from our product, would you be comfortable referring them to me?”

Then, continue with: “That sounds great. Then may I ask who you know that would be a good candidate for our service?”

3 – Get Permission to Follow Up and Prospect Them

For those prospects who may now be in your pipeline and need follow up to insulate them from your competition, while keeping your finger on their buying cycle and when they may be ready to buy:

“Mr. Prospect, thanks again for your time today. Before we rap up this conversation, I’ve noticed that in the past, when I have attempted to reconnect with someone months after our first contact, many things have transpired. Changes in their position, in their company, or in their life often have tendency to divert even the best-laid plans. Since there are so many things that can happen in two months, I was hoping that I could stay in contact with you without stepping over the line and being annoying about it. With your permission, can I contact you from time to time with updates about our product or valuable information that you may find of interest as it relates to your business?”

A monthly newsletter, a free trial, an article of interest, a great new product feature or being a resource for additional needs they may have are just a few ways to deliver value during this “down time” and keep your finger on the pulse of every prospect you speak with.