Keith Rosen's Executive Sales Coaching Blog on Selling, Leadership, Management

Archive for the ‘Videos’ Category

VIDEO: Benchmark Best Sales Practices to Ensure Success

Jun 24, 2010 Business Advice, How To Sell and Sales Tips, How to Manage Your Team, Sales Coaching, Sales Management, Videos, accountability, coaching for managers, coaching salespeople, management tips

Are You Selling By the Numbers or Selling With a Blindfold On? Statistical Benchmarks for Success and Self Accountability That Most Organizations Are Still Missing

Yes, these questions I list below the video are that important. So important, in fact, that they could change your entire perspective around what you’re doing, how you’re doing it and how much you really need to be doing in order to generate the worthwhile results you’re looking for. Because the truth is, you just may be running so fast in an attempt to catch up on your sales numbers, that you didn’t recognize the blinders you’ve developed which are obstructing your view of the fuller picture; the landscape you’re trying to farm and manage when it comes to selling and driving the right sales activity.

Here are those questions you need to ask yourself (and your sales team). “With all the effort I’m putting forth in an attempt to generate more prospects and selling opportunities, following up and retaining existing clients to ensure that I’m bringing in as much business as possible:”

• Am I acutely aware of the activities and benchmarked proven practices (both the activities and the dialogue/message I need to communicate) that I need to engage in daily that would secure my success?
• Am I measuring the numbers and the results of my efforts and allowing these statistical data points to be the driving force behind my sales activities?
• Do I know how much cold calling and prospecting activity is actually enough (emails, voice mails, live calls/connections, letters, and so on) and when to call it quits and move on when attempting to convert a contact into a qualified prospect?
• Do I know how many calls/contacts I need to make each day, each week and how often I need to follow up with a qualified prospect in order to earn their business or move them to the next stage of my sales process? (And have I even defined those specific steps in my sales process to begin with?)
• Am I holding myself accountable when it comes to engaging in the right activities in the most efficient way possible through the effective use of a daily routine?
• When calling on or meeting with prospects, do I have a clear set of outlined objectives that I need to accomplish on every call and during each meeting, especially when delivering a presentation?
• Have I identified the lifetime value of each client or account in order to classify customers according to their sales potential? (What’s the economic impact of the time you invest?)
• Do I have a detailed strategy for each of my clients to ensure that I’m maximizing every conceivable up selling and cross selling opportunity?
• Am I fully leveraging the power and potential of my CRM solution for prospect, client as well as territory management? Do you have a call report system?
• Do I have the right questions that provide me with the critical intel I need in order to qualify each person as a viable prospect so that I can most effectively determine where my limited and precious time is best invested?

And to clarify further when it comes to the type of questions you need to be asking each prospect, this isn’t limited to Selling 101 – Uncovering a Need. I’m also referring to understanding how they buy, how they make decisions, the internal workings of the company, the people and egos involved, the process they are going to go through when they hang up the phone with you or end the meeting and then attempt to solve the problem or find a new solution on their own using the resources or venders they currently have, the concerns or roadblocks that you could encounter down the road that would stall or destroy the potential for a sale, the timely and relevant issues that are going on internally, the overall mood of the company and its leaders, and so on. (Hint: Low closing percentages = 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 crucial 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 video, discover why it’s no longer about simply ‘doing more’ but about doing more of what’s right. Your product has changed over the years and while your selling and management strategy needs to evolve as well, this evolution must be guided by the numeric benchmarks in order to see the full, panoramic picture of the truth that surrounds your current situation.

Note: If you’re looking for a great tool to help develop your prospecting formula and the measurable efforts needed to achieve your sales goals, check out my Prospecting Calculator here and enjoy the confidence and certainty you’ll experience when you prospect by the numbers.

Here’s the link to the Prospecting Calculator.

Tags: benchmarking, best practices, coaching for managers, coaching salespeople, Executive Coaching, management training, Sales Coaching

Learn How Enterprise Engagement is Changing Your Business

May 28, 2010 HR issues, How to Manage Your Team, Live Events, Videos, customer service, training for managers, webinar

June 3-4, Doral Arrowwood, Rye Brook, N.Y. (just 10 minutes from Westchester County Airport (HPN) in White Plains, N.Y.)

I’m pleased to offer you the opportunity to have a complimentary registration to the upcoming Enterprise Engagement Expo and Conference, June 3-4, 2010 which I am speaking at. Simply go to eeaexpo.org, and use the code PF2010 to register to get complimentary conference and exhibit area access. I’ll be speaking on the role of sales leaders in relation to fostering a deeper level of engagement with their people and meeting with clients and potential clients in a “conversation center” at the event where we’d be happy to meet with you as well! (I’ll be there on June 3 only.)

Understanding how to engage key customers, channel partners, employees and vendors provides a competitive edge for your business and a maybe even a potential boost to your career.

The Enterprise Engagement Alliance Networking Expo and Conference, June 3-4 at the Doral Arrowwood in Rye Brook, N.Y (near Westchester County Airport) offers a unique introduction to a proven path to business success critical to professionals seeking to improve the performance of their organizations and themselves.

The program is designed to help you learn from experts, peers, and leading suppliers about the emerging new of enterprise engagement and how you can profit from it.

• Translate theory into results from experts, colleagues, and top suppliers of engagement services in educational, roundtable, and one-on-one meetings.
• Get answers to questions and solutions to challenges—every education session is followed by a round-table discussion with the speakers and others with mutual interests, so bring your questions and challenges and a willingness to share answers.
• Learn about an emerging new field that crosses traditional lines between sales, marketing, human resources, and financial management;
• Gain new insights into the role of leadership training, polls and surveys, communications (social networking, promotional products, face-to-face); measurement; rewards and recognition, customer loyalty, and more;
• Make yourself more effective as a leader by understanding the emerging field of enterprise engagement;
• Make contacts with people and resources who can help make it happen for your organizations.

Discover the emerging business of engagement on us.

Click here for a complete program agenda and to register. Be sure to use code PF2010 to take advantage of this complimentary offer.

Tags: event, executive training, HR, leadership, live event, seminar

VIDEO: Don’t Sell The Way You Buy

Apr 20, 2010 Sales Coaching, Sales Training, Videos, coaching salespeople, sales tips

Here’s a valuable sales tip: “Don’t sell the way you buy.” You may feel that I’m contradicting some universal selling principles. After all, conventional sales wisdom handed down through the ages suggests how important it is to empathize and sympathize with your prospects and clients.

However, there’s a very fine line between understanding and respecting someone’s decision making process; and assuming that everyone makes a purchasing decision in the same manner and using the same criteria that you do. Moreover, there is also the faulty assumption that your prospects respond in a similar fashion to the type of sales approach and the type of salesperson that you respond to and would buy from.

My point is, if you started selling the way in which you make a purchasing decision, you are now putting your values, thought process and beliefs on the customer, assuming they purchase the same or in a similar way that you do. The result? More objections, less sales.

In this video, I defuse a costly myth. That is, the old adage of putting yourself in their shoes is really a costly assumption that destroys many a selling opportunity. Why? Because when you “look through their eyes” or attempt to see things how you assume they see them, it is still really what you see, not what they see.

The result? You develop a sales process based on how you think they buy rather than how they actually make a decision. Why? Because how you think they buy is really how you buy. (Is your brain twisted enough yet?)

If you truly want to wear their shoes, then you need to know how they think and what is important to them. Therefore, the only way to uncover how the prospect likes to process information, make a purchasing decision and the criteria they use to do so is by asking better questions.

Now, lets take this same ineffective model of selling like you buy and turn it around for a moment. If this belief of selling like the way you buy is getting in the way of taking certain actions or asking certain questions when on a sales call, then what about other things that you are doing or saying which you think are safe to you but in fact, are not safe or comfortable for the person you are speaking with because you’re still operating off the same tool, costly assumptions!

The lesson; Don’t believe everything you sell, I mean, tell yourself.

Tags: Sales Coaching, sales tips, Sales Training, video

VIDEO: Is Cold Calling Really Dead?

Apr 19, 2010 Prospecting, Cold Calling and Networking, Sales Coaching, Sales Training, Videos, cold calling, sales tips, tele-sales

You get to your office, sit down at your desk and open up your calendar. A concerned look sweeps over your face. “Only one appointment this week.” You look at your pipeline and get that squirmy feeling inside your gut, as you realize your pipeline is not as full as it used to be. You’re wondering where you’re going to find your next prospect.

The uncertainty begins to sweep over you. The stress starts creeping into your body, for you realize you can’t keep procrastinating making the cold calls you need to in order to book more appointments with key decision makers.

Does this situation sound familiar? As you might imagine, I’ve been getting a high volume of calls from sales managers and their salespeople struggling to meet their sales goals.

After investing several hours cold calling, this experience can leave you feeling depleted, frustrated and annoyed. You don’t understand why you’re unable to set the appointments with the prospects who you know you can help and therefore need to meet with. You ask yourself, “Why won’t they talk to me? I know I can help them. If only they’d give me some time on the phone.”

In desperation, you cry out, “This cold calling thing doesn’t work for me! What else can I do to schedule meetings with more qualified prospects who can buy from me?”

In this video, I address the question, “Is cold calling really dead?”

So, what is the answer? Is cold calling really dead? The answer is a resound, “Not even close.” Therefore, do not abandon cold calling! Cold calling is far from dead and I see evidence of this every day.

Sure, I realize for many people cold calling and prospecting ranks right up there with getting their teeth pulled without the gas.

However, as someone who has coached and trained thousands of salespeople and managers over the years, here’s what I’ve learned very early on. It’s not that cold calling doesn’t work. Cold calling works fabulously well. It’s the way you’re cold calling that doesn’t work. In other words, consider that it’s more about your approach and cold calling strategy; what you say and how you say it – that is ineffective and what your prospects are unresponsive to.

So be careful. Most people who feel cold calling doesn’t work in actuality, have learned the wrong lesson.

Side note: Over the last year, my cold calling book has been gaining a renewed popularity as competition increases and the need to find more qualified prospects to fill your pipeline intensifies. So, if you’re ready to develop a permission based prospecting system then check it out here.

Tags: appointment setting, cold calling, prospecting, telesales, teleselling

VIDEO: The Primary Objective of a Cold Call or Your Prospecting Efforts? It’s About Finding The Fit, Not Focusing On The Result

Mar 31, 2010 Cold Calling Tips, Prospecting, Cold Calling and Networking, Sales Coaching, Sales Training, Videos, cold calling, telesales

What’s the initial objective of a cold call or your prospecting and new business development efforts? Rather than focusing all of your energy on making the sale, first determine if there’s a good fit between you, your prospect, and what you are selling.

Instead of feeling that the intention of prospecting is to get a sale, provide a demonstration, submit a proposal, or schedule an appointment, the initial intention of prospecting is to determine if there’s a fit worth pursuing.

While this may sound a bit strange, closing the sale and earning the business of a prospect is not your initial goal. Instead, your primary objective is to determine whether you and your prospect are a good fit.

Take a moment and think about how this change in your attitude and mindset would change your cold calling approach as well as your experience.

While your traditional approach may be to produce a measurable result, now your primary objective is to discover whether you and your prospect are a good match and if this relationship is worth moving to the next stage of your selling process. If you feel that you constantly have to push the sales process forward, you’re not taking into consideration that the prospect may simply not be ready, let alone may not be a good fit for what you are selling. Pushing the sales process forward before a prospect is ready only creates pressure for the both of you, fostering an unhealthy relationship from the start.

By changing your thinking and your approach, you’ll now be able to focus your energy and precious time on the right prospects who are more inclined to buy from you, rather than wasting your time sending out proposals and following up with people who you have no business following up with in the first place. Filling your sales funnel with unqualified prospects does nothing for you other than cost you time when you spend it on people who are simply not a good fit for you or your product and service.

Here’s a clip produced by CanDoGo.com on how you can make this critical shift in your thinking which will result in more selling opportunities and less cold calling reluctance.

Tags: appointment setting, coaching salespeople, cold call reluctance, cold calling, prospecting, Sales Coaching, telesales

VIDEO: The Right Sales Attitude – Becoming A Sales Champion Starts With How You Think

Mar 19, 2010 How To Sell and Sales Tips, Sales Coaching, Sales Training, Videos, coaching salespeople

Professional selling and the ability to prospect effortlessly is a combined result of who you are, how you think, and the way you come across, not solely a function of what you do.

Imagine for a moment that each person looks at life and more specifically, cold calling, through a certain set of lenses or a set of beliefs that define our perspective about life, our career, and the events that we experience.

There is a saying I heard early on in my sales career, “Selling is a transference of feeling.” Although this is true, consider what happens if the feeling you are transferring to your prospects is the wrong feeling because your beliefs or thinking are coming from a negative, fear based, limiting, or self-serving place. If you are prospecting because you need to close more sales in order to save your job or to make enough money to pay your bills, you can bet that your prospects are going to pick up on your underlying intentions and run the other way.

Consider one of the objectives of a cold call or a sales presentation: to create a feeling within the prospect that stimulates interest and motivates them to take the next step and hear more about what you have to offer.

Therefore, it’s critical that you are transferring the right feeling and attitude to your prospects.

Here’s a video that supports this core philosophy – sales champions are created from the inside out.

Tags: coaching for managers, coaching salespeople, Sales Coaching, Sales Training, video

VIDEO: Fatal Coaching Mistake. Managers, Share Ideas, Not Expectations

Mar 12, 2010 Executive Coaching, Videos, coaching for managers, coaching salespeople, training for managers

It is a fact that if you’re a boss, manager, or executive responsible for managing people, you are their superior. And, therefore, you have a certain degree of influence over how your staff feels about certain things.

Managers and executives have the power to shut down a conversation or open up a dialogue. Quite often, they don’t realize how much of an influence they have over their staff and how influential they can be without even trying. When a manager takes a strong stand or position and makes a statement like, “Here’s the solution” or “Here’s how it is,” it removes any opportunity for others to contribute a different and potentially better idea.

There’s a difference between sharing an opinion or idea and sharing an expectation. It’s one thing if the manager or boss shares an opinion that allows the dialogue and flow of the conversation to continue moving in a positive, collaborative direction. It’s entirely different when the manager shares an expectation with a strong agenda or ultimatum behind it.

An opinion or idea from the boss opens up further conversation. An expectation shuts it down.

In this video, I discuss this approach managers can take so that you will be more likely to get a response that encourages unfiltered collaboration and multiple contributions.

Tags: coaching for managers, coaching salespeople, management coach training, training for managers

VIDEO: How To Leverage The Power Of Fear to Become Unstoppable

Mar 5, 2010 Career Advice, Executive Coaching, How to Manage Your Team, Live Responsibly: Life Tips, Great Living, Sales Coaching, Videos, accountability, career coaching, coaching for managers, coaching salespeople, cold calling, training for managers

Do you allow fear to paralyze you or have you made fear your greatest ally? Does fear hold you hostage, preventing you from being more of who you are and what you want to achieve? Have you ever been in a position of action, yet felt powerless to take those steps you need to take to live your greatness, achieve better results or make the best choice because fear had it’s grip over you?

Are you driven by what you want most; your dreams, goals and passions – or are you fueled by fear, consequence and what you worry may happen or occur in the worst case scenario?

How do you manage fear? Do you embrace it or resist it?

In this video, discover how you can leverage fear and make it your greatest teacher so that you can become unstoppable.

Tags: career coaching, coaching for managers, coaching salespeople, Executive Coaching, life coaching, Sales Coaching, video

VIDEO: More Frequent Coaching Yields a Measurable R.O.I.

Dec 29, 2009 Executive Coaching, How to Manage Your Team, Sales Management, Videos, coaching for managers, training for managers

If you go to the gym on a frequent basis, you’ll get in better shape. A sound and fairly obvious principle. The same principle holds true with coaching the people in your company.

The measurable return you receive from investing your time coaching your people is similar to the payback you get when working out or engaging in some type of physical exercise on a consistent basis. That is, if you coach your people more frequently and consistently, your career and the career of those people on your team becomes much healthier.

Moreover, you have your finger more readily positioned on the pulse of what’s going on around you and within your organization so that you have the ability to handle what would initially be perceived as a small challenge or inconvenience before it blows up into a grand scale problem or costly catastrophe.

After all, problems are what happen when you fail to recognize the clues around you.

Below is a 45 second video I did that discusses this.