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
Profit Builders Named One of the Top Ten Best Sales Coaching and Training Companies
Mar 25, 2010 Sales Coaching, Sales Training, Surveys and Polls, coaching salespeople
Can I make a humble plug here? Okay, we’ve earned some bragging rights and I was just excited to share this news with you. My company just received a nice accolade and recognition for being named one of the Top Ten Best Sales Training and Coaching Companies by Selling Power magazine.
Here’s the announcement below from Selling Power:
“One of the few great generals in history who never lost a battle was the Russian general Alexander Suvorov, who explained the roots of his success with his memorable motto: “Train hard and fight easy.” The sales profession is fortunate to have effective thought leaders who have created powerful sales-training and development solutions that help sales managers and salespeople improve their skills. And better skills translate to more valuable customer relationships and increased value to the company’s bottom line. These 10 top sales training solutions can help you and your company create more sales than you ever thought possible.
Profit Builders
Keith Rosen is fanatical about increasing your sales. That’s why almost half of the Fortune 1000 companies and the top companies in six major industries chose his training and coaching solutions. Profit Builders addresses the specific challenges that are unique to your company and then moves beyond traditional training by coaching your salespeople around best practices and best thinking to develop true champions. While Keith’s programs and books have won numerous awards, his bragging rights are earned through more sales and long-lasting results. www.profitbuilders.com
You can see the entire article here, listed in alphabetical order.
Tags: management coach training, Sales Coaching, sales management coaching, Sales Training
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
Live Event Next Week – How To Succeed In Today’s New Marketplace
Dec 9, 2009 Executive Coaching, How to Manage Your Team, Interviews, Live Events, Sales Coaching, Sales Management, Sales Training, training for managers
Join me next week for my live interview on SalesBuzz Radio.
Date: Thursday, December 17th 2009,
Time: 3:30pm EST
Cost: Free!
No registration Required
I’ll be discussing the new rules for winning in today’s rapidly evolving marketplace, focusing on what managers and salespeople need to do to win more sales today.
Some points I’ll be addressing will be:
*Eliminating the resistance to change in order to accelerate your growth
*How to become more accountable and self-motivated to generate immediate results
*Empowering yourself and others to solve problems, permanently
*The future of selling and sales management
To listen without registering, simply sign in to The SalesBuzz Online Community at 3:30PM Eastern and click the ‘Radio Show’ tab on this page.
To register, go to join us and complete the easy registration form here. (Joining is absolutely free).
To participate, call in or email the show—it’s your show, so don’t hesitate to contact us with your questions and comments. During the show, email thesalesbuzz@thebrooksgroup.com with your questions and comments and the opportunity to for me to answer your most pressing questions as it relates to sales and sales leadership. You can also email me today at info@profitbuilders.com to better ensure your question gets addressed.
To receive a free special bonus offer; tune in and watch for a follow-up email.
Tags: career coaching, coaching for managers, Executive Coaching, interview, live event, Sales Coaching, Sales Training, webinar
VIDEO: The Initial Objective of A Cold Call – Find The Fit Early Or Waste Precious Selling Time
Nov 20, 2009 Sales Coaching, Sales Training, Videos, cold calling, sales tips, tele-sales, telesales
Think about the intention or the end result of your prospecting 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.
Here’s a video I did on cold calling that I recently produced with a great new company I’d like to introduce to you that’s offering some free and valuable advice to home businesses and career minded professionals. That company is Home Business Brains. Click on the “read more” link below for the video.
Tags: cold call, cold calling, Sales Coaching, Sales Training, telesales
When Cold Calling, How Do I Determine How Much Qualifying Is Enough?
Nov 16, 2009 Cold Calling Tips, Prospecting, Cold Calling and Networking, Sales Coaching, Sales Training, coaching salespeople, cold calling, telesales
I received the following question from a salesperson the other day who was struggling when it came to qualifying his prospects during a cold call. He was looking for an effective way to best qualify his prospects and how to avoid wasting time when meeting with the wrong ones. What follows is his initial inquiry and my response, which I felt important enough to share with you, as many salespeople seem to be struggling with this very issue today.
That is, “When cold calling, exactly how much initial qualification is enough before determining the next step in my selling process? Do I do all of my qualification up front on the phone before scheduling a face to face meeting or do I wait until I meet with the prospect and then conduct a more robust needs analysis? How do I make this determination?”
Here’s the email I received:
“Hello Mr. Rosen,
I am a salesperson selling health insurance who is currently working on my sales system. My target market is owners of small businesses. I call them and set appointments from telemarketing leads. I have a script in which I use to set the appointment and qualify them, before meeting them face-to-face. I’d be curious to know what strategy you feel is best regarding my two approaches below.
First Approach: Do minimal questioning and qualification and just set the appointment. Then at the appointment, conduct a fact finder to find out their situation and what they like or don’t about their current health insurance plan. Then, set another appointment and come back with a proposal and recommendations. I will pre-close them on the first visit.
Or is this a better this way?
Second Approach: Call and qualify them and ask them all the questions over the phone to find out their current situation on this initial phone call. Then, I will bring the proposal to the first face to face appointment, recap what we discussed over the phone, explain the plan and try and make the sale. Pretty much try and make the sale on the first face to face visit.”
Here was my response:
The answer is – BOTH. There’s always a minimal amount of non negotiable qualification that must be done before meeting with a prospect. Then, when determining how much deeper you can go in your qualification, depending upon the situation it could go either way, so let the customer decide.
The IDEAL scenario is the second one you mapped out. And it’s all in the spirit of saving you your precious and limited time following up and meeting with people who you shouldn’t be meeting with in the first place. The cost of meeting with unqualified people is compounded exponentially because you’re not only meeting with the wrong prospects but you’re now losing time that you could have invested meeting with the right ones – the ones that your competition is meeting with.
Of course, there are those situations where the prospect simply doesn’t have the time nor desire to answer all of your questions during an initial phone call and at that point, it’s going to be a judgment call on your part. So, to minimize the risk of meeting with the wrong prospects and maximize your time when meeting with the qualified ones, what I would recommend is making a list of the non-negotiable qualifying questions that must always be asked, regardless of the situation, so that you get a baseline understanding whether or not this person is even a candidate for your product or service.
Here’s a great way to handle how much qualifying you can do over the phone and how to do it in a way that would encourage the prospect to spend more time with you during this initial telephone conversation.
Simply put, let the prospect decide. After all, people want to save as much time as possible and would appreciate any opportunity to be more efficient when it comes to leveraging their time. That said, the next time you speak with a prospect over the phone, use the following approach during your initial needs analysis/qualification process.
After asking them a couple of preliminary, non negotiable questions, deliver the following message.
“Mr./Mrs. Prospect, I know you’re busy and I want to respect your time. That said, I want to share two options with you that would save you some time when deciding what solution is best for you and whether or not there’s even a fit here. We could schedule a time where I can visit with you to learn more about your business and your objectives and then at that time, schedule another meeting where we could discuss my proposed solution, or, to speed up this process and avoid scheduling another meeting, we can continue our conversation now on the phone so that at the end of this conversation, you would have a very good sense as to whether or not I can deliver more value than your current solution is providing you and if it even makes sense for us to meet face to face in the first place. Which option would work better for you at this time?”
When you give people a choice and share with them the benefit of investing a little more time with you on the phone, you’ll find that your prospects are much more willing to do so. And if you’re saying that your prospects are, “too busy to spend more time with me” or “this won’t work in my industry,” I would challenge you to re-think whether or not this is truly your prospect’s objection or a costly assumption that you’ve created in your own mind. If this new marketplace has changed the way we sell and engage with our prospects, then the old rules of how we qualify and set appointments with our prospects much be challenged as well.
This win – win saves both you and the prospect time, while ensuring that you’re meeting with more of the right prospects.
Tags: cold calling, discovery, needsd analysis, prospecting, qualifying, sales, Sales Coaching, Sales Training, selling
Landslide Video: Respect Sales! A Day On The Links With a Prospect
Nov 12, 2009 Clients are fun. Case Studies in Sales and Leaders..., Prospecting, Cold Calling and Networking, Sales Training, Selling Advice, Videos
Landslide.com recently recorded a video for a series with the theme: “Respect sales.” The idea is to show how sometimes people think salespeople have it easy – they get to travel, play golf, go on dinner outings etc. but the reality is far different.
So, what actually happens when a salesperson takes a prospect out on the golf course? Any good salesperson knows that deals just don’t fall out of the sky. Follow Landslide’s sales guy as he puts up with his difficult prospect and tries to close the deal. Click play on the video below.
If the video does not load, here is a link to the video.
Tags: funny, prospecting, sales, Sales Training, selling, video
Special Event: Free Webcast With Zig Ziglar Next Week – Embrace The Struggle
Nov 12, 2009 Live Events, Live Responsibly: Life Tips, Great Living, Videos, webinar
I want to pass along to you an invitation from Zig Ziglar which my friend, Tom Ziglar just informed me about that I’m excited to share with you. Next week, you can participate in a very special live webcast that Zig Ziglar is hosting on November 17, absolutely free.
It sounds like the last few weeks for the Ziglar family have been incredible. Zig just turned 83, will be celebrating his 63rd wedding anniversary later this month and Zig’s new book, Embrace The Struggle, was just released.
With so many people facing their own struggles today, including Zig’s own struggle after a recent accident, you can’t help but find hope and encouragement when you see how Zig himself is embracing his struggle.
If you haven’t already seen it, The Ziglar family has created a very powerful movie, “Embrace The Struggle,” that tells in two minutes the Embrace The Struggle message. When the movie is finished, it will end on a registration page for the free webcast.
You can watch the movie here if you have not seen it yet.
Or, you can go directly to the registration page here.
I know that Zig Ziglar has made an impact in my life and in the lives of thousands of others.
I’m certain that anyone in the midst of a struggle who participates in this webcast will find something that will help them embrace their struggle.
Join the Ziglar family for a special evening with Zig Ziglar, Tom Ziglar and Julie Ziglar Norman, as they discuss how Zig has embraced his struggle from a brain injury and the resulting short-term memory loss. Your life will be impacted as you see this family rise above their circumstances – and thrive!
Below are the details of the webcast:
Title: Embrace the Struggle
Speakers: Zig Ziglar, Tom Ziglar and Julie Ziglar Norman
Date: November 17th
Time: 7:00-8:15 pm CST
To Register:
You can watch the movie here.
Or, you can go directly to the registration page here.
Tags: life coaching, life training, Sales Training, Zig Ziglar, Ziglar
Part Three: Determining When To Coach Your Salespeople, When to Provide Sales Training and When To Give Them The Answer
Oct 22, 2009 Executive Coaching, Sales Coaching, Sales Management, coaching for managers, coaching salespeople, training for managers
As a recap from Part One, “Do I Coach Them or Train Them?” when coaching someone, The Gap is the space that exists between where the client or coachee is today and where they want or need to be.
It’s the void that exists between the person and their goal. As a coach, it’s your responsibility to identify and fill in this gap. The question is, what exactly do you use to fill in this gap – do you coach them, train then, advise them or flat out just give them the answer?
Here’s the third installment of the three part series. These three blogs detail how you can handle some common training and coaching scenarios that many managers find themselves in and the most appropriate approach to take in these situations as it relates to how you can best support your people in a way that achieves the results you want and need.
Scenario Three:
Situation: Bob, a successful, established and well seasoned insurance salesperson had been a long time top producer for his company. Since the company merger, restructuring, policy changes and compensation plan revisions, Bob needed to start generating new clients to fill up his sales funnel again. While Bob used to spend half his days cold calling, he hasn’t done it in a while, relying more on referrals and the income he generated from renewal business. Yes, Bob was great on the phone and generated a significant amount of new prospects as a result of his recent cold calling efforts. However, it seems that Bob was not able to close these prospects the way he would a referral or an existing client. He was used to people saying, “Yes” without even asking for the sale. Objections? The only one Bob was used to hearing amongst his clientele was whether or not they should write him a check or hand him their credit card.
Now, it seems that every time Bob met with one of these new prospects, he was walking out with a time to follow up with them rather than a sale. Bob wasn’t used to hearing, “Thanks, let us think about it,” or “You’re the first person we’ve spoken with regarding a policy,” and he was especially not used to hearing, “Wow, that sounds awfully expensive.” While Bob did his best to try and convince these people to buy from him, he felt his rebuttals were falling upon deaf ears. To make matters worse, Bob forgot how to actually ask for the sale.
The Gap: Have you noticed The Gap here? The Gap in this situation is in Bob’s closing technique and in his attitude or philosophy towards closing. Bob is holding on to some limiting beliefs. More so, his tactical selling approach and natural selling acumen needs to be polished to address the new selling situations that he has not had to face in a while.
Training and Coaching Solution: This is a coaching and training issue. We’ve identified that there are some limiting beliefs getting in his way of taking action. Specifically, salespeople don’t overcome objections, prospects do. Rather than convince someone, which it sounds like Bob was attempting to do, he needs to respond with questions rather than statements so that the prospect can overcome their concern. As such, the coach needs to use well crafted questions and a process of inquiry to explore deeper into his perception of closing and asking for the sale. Does closing mean dumping more information? Is he not asking for the sale for fear of rejection? Finally, Bob needs some hands on tactical responses ready the next time he hears these objections. The training will take care of this, providing Bob with the dialogue and the steps to defusing objections that will turn more of his prospects into customers.
As you’ve probably encountered yourself, handling employee issues typically requires more of a hybrid approach to management. That is, the utilization of all the disciplines we’ve discussed over the last three blogs, including coaching, training and consulting.
This eclectic blend of philosophy and strategy is what today’s leaders need to embrace when developing tomorrow’s champions.
Tags: career coaching, coaching for managers, coaching salespeople, Communication, corporate training, Executive Coaching, leadership training, management coach training, management training, managing a team, managing salespeople, Sales Coaching, Sales Management, Sales Training, training for managers, training salespeople
Part Two: Determining When To Coach Your People, When to Provide Sales Training & When to Give Them The Answer
Oct 19, 2009 Executive Coaching, How to Manage Your Team, Sales Coaching, Sales Training, coaching for managers, coaching salespeople
As a recap from Part One, “Do I Coach Them or Train Them?” when coaching someone, The Gap is the space that exists between where the client or coachee is today and where they want or need to be. It’s the void that exists between the person and their goal. As a coach, it’s your responsibility to identify and fill in this gap. The question is, what exactly do you use to fill in this gap – do you coach them, train then, advise them or flat out just give them the answer?
Here’s the second installment of the three part series. These three blogs detail how you can handle some common training and coaching scenarios that many managers find themselves in and the most appropriate approach to take in these situations as it relates to how you can best support your people in a way that achieves the results you want and need.
Scenario Two:
Situation: Nine months into the training, Samantha’s boss was questioning whether or not she would make the cut for the long haul. Out of the initial ten new recruits that completed the week long training, practically nine months to the date, Samantha was one of the only two that has made it this far. When it comes to being an executive recruiter, one message that was continually being reinforced into Sam’s head was that if you can make it a year, and build up your book of business, you can survive the initial hurdle and start developing a successful career.
But nine months into her new career, what started as a strong and promising leap right out of the gate, securing three top accounts that she has been relying too heavily on to make her numbers each month, is now appearing to come to a slow and painful halt. One of the three large clients left her and the other two are slowing down their recruiting efforts. Here’s the thing, though. Samantha was on the phone practically every day making the calls she knew she needed to make in order to survive this first year.
The Gap: Samantha proved early on she could be successful at cold calling for new clients. She also had the evidence behind her to support this claim. Her initial four month’s book of business provided her with the volume to make her monthly sales quota. While Samantha was still making her daily number of cold calls, she was no longer getting the strong results she was when she first started out. Moreover, her boss noticed how stressed out Sam was as a result of all this. For these reasons, The Gap is actually a combination of training and coaching.
Training and Coaching Solution: In a case like this with Samantha, the solution may be more of a multi-faceted one that approaches her situation from a few different angles. Here are just four approaches to explore, diagnose and uncover different ways that you can coach and support Sam.
First, if Sam’s approach was working when she started nine months ago and it’s no longer working today, then something had to change. Her boss noticed Sam didn’t have a templated process that she following and more or less ‘winged’ her calls, shooting proverbially from the hip. Consequently, she was moving farther away from what had initially worked for her. Thus, having Sam work off a proven template that’s documented and in front of her so that she can create a level of consistency in her selling efforts is one part of this solution.
Second, this fine tuning of her approach and putting it in an actionable, step by step process will eliminate any inconsistency and allow her to best manage what approach works best.
Third, Samantha appears to be fueled and driven by fear and consequence. That is, the loss of her job! Being driven by consequence and scarcity – what you don’t want to happen, is a negative source of energy that dilutes not only the impact of your selling efforts but the quality of your life.
Here, Sam needs to be coached on developing a new way of thinking, one that empowers her, lifts her spirits and focuses on her goals and dreams more than her fears and consequences.
Finally, is Samantha in need of some new resources? That is, where is Sam mining for new business? Does she need to look at alternative ways to prospect? Does she need a revised call list? Is she maximizing the lifetime value of every client she’s working with through upselling opportunities and referrals? These are just a few of the components of her sales engine that you can put a magnifying glass over to take a look at a deeper level in order to diagnose exactly what is going on.
Stay tuned for part three later this week.
Tags: career coaching, coaching for managers, coaching salespeople, Communication, corporate training, Executive Coaching, leadership training, management coach training, management training, managing a team, managing salespeople, Sales Coaching, Sales Management, Sales Training, training for managers
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