Tuesday, July 7, 2009

What kind of Sales Negotiator are you?

Salespeople come in all shapes and sizes. But the true measure of a salesperson is really, how well can they negotiate and close? I have been thinking a lot about the different kinds of people I have met in sales. I like to break it down the following way!

Some salespeople are simply order takers. Order takers are lucky when the economy is strong and robust but the order taker fails miserably when the economy turns or competition grows stronger. The order taker often knows the product or service well and can easily talk about features and benefits. But they lack the true ability to establish rapport with their prospect. Without the ability to establish rapport, the order taker simply cannot establish trust and credibility. Both are necessary ingredients to move a sale forward.

Joe Average Salesman - Now this salesperson can establish rapport and knows the product or service. The problem here lies simply with the ability to close. The only close this salesperson knows is the "soft close" where they simply wait for the prospect to ask for the order.

The Negotiator - This salesperson has it all. They establish rapport, know their product or service and can close. These folks are usually in the top 10% of the sales organization and consistently remain there, year in and year out. But, they lack one trait that keeps them from the number 1 spot.

The Super Negotiator - or the great showman. The Super Negotiator has it all and then some. This type of salesperson captivates an audience and never lets them go. They walk into a room and fill it with dynamic energy. They constantly read the room and immediately know how to interact with everyone there. There greatest skill lies in their ability to make a product demonstration a show everyone wants to be a part of. They are usually fun, energetic and bright.

To become better and more accomplished at what you do always takes work. Sometimes just understanding the differences will put you on the road to great success!


Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!"

Monday, June 29, 2009

Sales Note

I realize that for many sales people, the end of the quarter is looming. So as you work to finalize various deals, here are some statistics that you should remember.

* 20% of people will always buy the cheapest price no matter what.
* 3-5% will invariably buy the most expensive
* 75% of people like you and me will occasionally buy on price if we have no other reason to base our purchase decision on.

The messages is this - give your prospect a reason to buy "you" and the not the price of your product.

Tuesday, June 2, 2009

Sales Training for Clowns!

Jenna Bradley sells Imaging Equipment for a company that is made up here (just like she is). As a matter of fact, all the characters are fictional to provide you some daily entertainment, but hopefully the message this blog provides isn't lost. Enjoy!

Today's the day! Today's the day I get to sit through 8 hours of Sales Training. I can hardly wait. No really, I can hardly wait. I could use some Sales Training this week. So far this month my only "yes" turned into 6 "No's" from Banks who seem better equipped and more willing to torture people than interragators from the Abu Ghraib prison.

When they introduce the Sales Trainer all I can see are his shoes. Wow, he certainly has walked a lot in those shoes. I'm pretty sure they used to be brown, unless he thinks mustard is really a color for mens shoes. Maybe I'm too judgemental.

He begins, "The quickest way to yes in this economy is to listen, really listen to your customer. If you can emphasize with them, they will become your best friend." Oh good, I think. I could use a best friend, maybe two. And then I can ask my new BFF if they can make my mortgage payment. Why, why, why am I so cynical?

He continues, "I'm going to show you today how learning to ask questions and listening to the answsers will make you a Sales Superstar." He asks, "Why don't we ask close ended questions?" I'm not sure he is looking for audience participation but John Wayne from Atlanta jumps to his feet. (Yes, that's really his name!)John Wayne yells, "because Close ended questions are Closed." Oh, and I had so hoped he would win the toaster.

The speaker then spends the rest of the day going through the differences of open and close ended questions, how to set up open ended questions and then... role playing. Personally, I would rather cut off my left leg than to role play. Ever! And no matter what any of us did - according to this Sales Training guy, we just couldn't get it right. My boss, Shrek, likes to pipe up from time to time and offer his valuable insight to the group, as if a promotion hangs in his future. I notice though that he doesn't look so much like Shrek anymore. I think he ACTUALLY did get his stomach stapled. (Which could be why he never calls anymore.) Now he looks just like Yoda from Star Wars. It's funny how losing weight can make you look shorter but your ears bigger. Fat or skinny, the dude is still Green.

When it's over we meet in small groups and discuss the day. The Philadelphia rep Jeff Morgan is in my group and is the first one to speak. "Here's the thing about closed and opened ended questions," he begins. "Closed ended questions actually aren't bad if they are used for important questions where you need to know a specific answer or if you are trying to establish credibility with your prospect. For instance, I may need to specifically know when someone's lease is up on equipment they already own. I have to ask a close ended question to get that answer. And when you think of open ended questions, you can't just walk into a meeting and begin asking a bunch of open ended questions. You haven't established any credibility. I use what I call credibility questions to actually establish my credibility, and these are generally more close ended, and then I move to open ended questions"

Yoda looks confused and actually so do I. But Yoda says he agrees with Jeff's assessment and so I look at Yoda and ask, "Can you give me some examples of what you mean?" Yoda looks like he wants to cut me off at the knees, as if for a moment we all might get to see as a group how his reputation as Ted Bundy actually unfolds. "No," he says, "This is Jeff's moment, lets let him tell us." Pity, I think.

Jeff begins, "Let's say you don't know the prospect and you want to establish credibility. Credibility as an expert in your field. You could ask questions like - How many pieces of Imaging Equipment have you purchased or used in the past? Were they 2D, 3D, 4D or Hologram? Were they Open or Closed? Were you able to adjust the resolution using Coral or GreenSave software? Could you magnify them using standard magnification mirrors or did you have to send them to Johnson Company for perfect magnification? So in less than a minute, I have just told the prospect that I know something about my field and probably more than he or she does. And I have done this by asking a series of close ended questions." He continues, "Often times I will ask a question someone can't answer. I have to be careful then not to appear arrogant and I might slightly downplay the answer if it appears they seem uncomfortable with their lack of knowledge."

"And because my close ended questions have provided me a lot of information, when I begin my presentation I feel like I have some pretty valuable stuff to work with," Jeff says.

"Then, I tailor what I'm going to present. I structure the open ended questions I'm going to ask, around their previous responses and reactions. And, in asking some of those closed end, credibility questions, I usually uncover several, specific reasons why they are looking at buying a new piece of equipment. But no matter what, it's only after I have established credibility can I begin to ask broader, open ended questions. Like, what are the challenges they are currently facing, what is their vision specifically with this new equipment, how do they see this new equipment helping them with their vision, etc....And, if I don't understand or I'm not certain they are exactly sure what they are saying, I will ask them to explain what they mean. I am not afraid to ask someone to restate if I am not certain. Sometimes I may ask someone to repeat something, several different ways. Then I have clarified it in my mind and it's now clear in their mind. You might be surprised to find that getting someone to yes simply means having them say back their reasons for purchasing on several occasions and at the close reminding them exactly what they said."

Wow, I think. This is the guy who should have taught the class.


Selling is not simply a job, it's a skill that's continually built upon over time. We are dedicated to helping you navigate and grow during good times and bad. Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!"

Tuesday, May 19, 2009

Finally the Ebook is finished!

It's hard for me to be a self-promoter but this ebook is exactly the book I wish I had when I got into sales. If you are new in sales, looking for ideas on how to jump start your sales or want to discover how Top Producers consistently sell more than anyone else, this book is for you. Enjoy

http://www.sales-negotiation-training.net

Friday, May 8, 2009

Cold Call me Crazy!

I woke up today with a new fire. A passion to move my sales forward and not look back. My list is ready, my phone is plugged in. I dial my first lead on the sheet.

"Hello this is Jenna Bradley with...., hello?" Oh that's nice music I think. I must be on hold. I wait. 5 minutes pass by and I decide to hang up and redial. "Hello, this is Jenna Bradley with...." Music again. Wow, that's not very nice. What if I was already a vendor servicing this company? Screw them. I dial a new number.

"Hello this is Jenna Bradley with BestImaging, can I speak with the office Manager?" "No, she doesn't know me! Well, can I leave a message?" There's a pause. I ask again, "Can I leave a message?" She agrees so I tell her my name and number and then ask, "Do you want me to repeat my number back to you?" There is no reply so I ask again. Holy cow, that rotten receptionist hung up on me. I consider calling back but decide nothing good will come from that. I wonder if there is a full moon.

I decide to change my strategy and get the office manager's name and then call back and ask for him or her directly tomorrow. Tricky, I tell ya. I'm not really busy tomorrow anyway or the day after that, or the day after that. Besides, using the phone is saving the planet but it's hell on my thighs and ass.

"Hi I'm trying to update my contact sheet for our company, can you tell me the name of your office manager?" She tells me, I write it down and consider quitting and taking the rest of the day off. Success requires celebration. I change up my strategy several times but I try not to use my name or company. I'll have to use it tomorrow when I call back.

After 100 calls and getting the names of 75 key personnel, I think I may have found the Holy Grail. Only a few receptionists actually asked me for my name or company.

All of that and it's only 2:30 in the afternoon? How is this possible? I pick up my series of B leads. Oprah is on? Rock, paper, scissors. Ughhh, I lose. Wait, how can I lose I own both hands?

I plow ahead.

By 4:30pm I have 132 names of key personnel and then it hits me. I'm going to write them a letter. A clever little note with a product brochure included in the envelope. I'll wait a few days to call and then I'll have something to follow up on.
I'll have to pay for the postage myself though. Cut backs in everything. I ponder the stupidity of this but decide to sell something on Ebay to cover it. I'm a wizard.

And then it hits me again. Wow, this job has become real work. It could be worse, I could be sleeping in my car.

Selling is not simply a job, it's a skill that's continually built upon over time. We are dedicated to helping you navigate and grow during good times and bad. Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!"

Wednesday, May 6, 2009

How to Sell in a Down Market

We've been following the story of Jenna Bradely, a sales rep who is having a tough time selling in a tough economy. Today she gets a lesson in how to do this better, even in a down market.

In order to understand how to sell in any market, you have to understand what moves a market. Markets are generally at the mercy of two, very real human emotions - fear and greed. Fear and greed drive markets to unnatural heights and to devastating lows.

Greed can often be the great predictor of financial ruin. You see, most people neither understand, nor want to understand "irrational exuberance." They love the easy promise of riches and prefer to listen only to those who will tell them what they want to hear. Even if none of it makes logical sense.

Think of the those who invested with Bernie Madoff. Does it make logical sense to any one of us, that one man could beat the markets year, after year, after year, after year? Not one down year? Of course it doesn't make sense to us and it's simply not logical. In the world of dynamic, fluid markets, this is an impossible feat. Bernie Madoff would have to be God. He clearly was not.

And, is it really possible that not a single investor in Madoff's funds wondered if something "funny" was going on? Something, possibly illegal? These investors were not dumb people. Most of them we would consider quite smart, highly successful men and women. What could have possibly made them turn stupid or at least a blind eye? Did the really imagine they had found someone who could beat the system. Someone smarter than every super computer and living creature on the planet? I bet they were honored to be apart of this club. I'm sure they felt that those not able to get into Bernie's funds were possibly "less than." I absolutely have compassion for those who lost it all, but it seems impossible not a single investor chose to dig a bit deeper.

Greed has a funny way of starving the brain.

Look at the housing market. Americans were told they couldn't lose - that housing was a stable commodity. So people started selling their old homes, for new and bigger ones. They bought second homes in the mountains that they didn't need. They bought rental property because the more homes you could buy, the more money you would make. Banks made it easy for everyone.

Was there an ounce of logic in any of this? Could houses really appreciate 100% in a three year period and this make logical sense to anyone? Was there a sudden explosion in the population in this country to support all these new home starts? Suddenly were people making more money that they could afford this massive load of debt? Nope. But the promise of easy riches and life on the beach before 50 is a dream that feels so close we can touch it, smell it. "I just need that one big payday," we think. We believe because we so desperately want to believe and because we refuse to logically think it through. We forget that the wizard behind the curtain is another greedy man, just like us.

And when it all comes crashing down, the rush to sell is always too late. When fear takes over, people seem to completely lose their ability to make any decision at all. Fear cripples the mind. It's almost as if the world stops turning on its axis. Wallets are slammed closed, the honest salesman is looked at like a crook and commerce is frozen.

So how do you sell in this environment which is now a fear based economy. You sell by being honest and real. You add words to your presentations that will inspire. You add slides to your power point that show your potential buyer what your company is doing to help the consumer in this economy. You explain what happens when you jump on a speeding train and how much easier it is to get on that train before it accelerates again. How that's always a better value. You go far and above the call in order to impress potential buyers and current customers. You find ways to save them money. Start a website or a blog so your customers and prospect know you. Brand yourself the King of the Hill. But do it with honor. People want to buy at the bottom and sell at the top. This rarely ever happens and we should remind them of this. There's only one God.

And if you are selling a product or service that seems stuck in the mud because credit lending is tight, seek out regional banks in your area that still have money to lend. Find out what they require. If this seems like a daunting task, hire a virtual assistant to track down the lenders and their paperwork requirements. Trust me, we all live in a small circle of what we know. Expand your horizons to those you don't know.

And lastly, learn to look at the markets logically - yourself. Where is this market headed now? Do you know? Do you assume that because it's been up for the last several weeks the economy is now cured of its problems. Ben Bernake said yesterday he expects a recovery by the end of the year. Do you believe it because you want to believe it? Hasn't he been really wrong and stupid in the past? If you know where the market is headed, you can prepare now for how to sell in it. And how would you change how you sell if you knew that tomorrow inflation was about to raise its ugly head? Would you do anything different? Things aren't really much of a mystery if you have all the pieces of the puzzle in front of you. You just have to learn to put them together.

Selling is not simply a job, it's a skill that's continually built upon over time. We are dedicated to helping you navigate and grow during good times and bad. Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!"

Sunday, May 3, 2009

Creating A Sales Goals Worksheet

From the desk of the writer: Maybe over the past few weeks, you have noticed I am a big believer in Focused Goals. In my life, having defined, written goals has helped me achieve things that I otherwise would have given up on or probably forgotten about.
I have received a number of emails asking me what MY goals sheet looks like. Click the link to find the one that I have used for years. It can be modified in any way that makes sense to what you are selling or what you are trying to achieve.
The only thing that matters is that you believe. Goals Worksheet

Thursday, April 30, 2009

The Elephant in the Room is Standing on my Head!

Editor's Note: Jenna Bradley is a sales rep who sells MRI's. Her sales career is in the toilet because the economy has taken a devastating toll on her sales but more importantly, her mind. As she struggles to regain her footing, she will learn what it takes to become great again.

Well, my conference call was as boring as two turtles on xanax trying to race each other. I actually can't remember a thing that was said during the call except that using a Powerpoint during our presentations to prospects will "drive sales." The rep from Arkansas asked, "Drive them where?" I'm sure right now his manager is driving him over to human resources. Funny, no one mentioned the economy. The elephant in the room takes a giant dump and I'm the only one who seems to smell it.

What your mind can achieve, it can believe! I try to focus but my focus is being driven by fear and I decide that can't work. What am I afraid of? Losing my house, my boss Shrek putting me on probation, looking like a dumbass to my friends and colleagues. What I'm really afraid is that I never knew how to do this job in the first place and I'm really a big, fat fraud. Well, I'm actually not fat but it's possible I am a fraud. And then I decide, no, I'm actually very good at what I do. Great, in fact. I'm just in a slump that's going to get me sent back to the minors if I can't snap myself out of it.

I turn on my computer and write an action plan. It consists of everything I think I need to do in the next 30 days to sell a system. I use all the old numbers that used to get me to my goal and multiply by 3. I convince myself that if I would actually start my day at 8am, instead of 10am, these numbers won't really be that difficult. I will plan each day the night before, including who I am going to call.My plan appears brilliant and if my arms were longer, I'd pat myself on the back. Instead I decide to pour myself a drink and turn on the TV.

Trouble. The swine flu is spreading and I don't have any hand sanitizer. Joe Biden thinks confined places and air travel are a bad idea. I think Foot and Mouth disease is more contagious. I'm glad I don't sit in meetings with him. I switch off the TV.

I think I'll workout in the morning. I haven't set an alarm in years. Do I even have an alarm? I realize there is one thing missing in my plan. I realize even if I had solid 30 prospects, how would I address the economy with them? My prospects are so familiar with the elephant, they probably have names picked out for him. Tomorrow I'm going to call a friend of my dad's. He's probably the wisest man I've ever known. He'll know how to handle that. I would call Shrek but he's probably getting his ears polished.

Selling is not simply a job, it's a skill that's continually built upon over time. We are dedicated to helping you navigate and grow during good times and bad. Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!"

Monday, April 27, 2009

Sales Numbers and the Great Deceptor! part 5

I can feel the oxygen slowly being depleted from my brain. Humiliation has a funny way of depriving the life right out of someone. I have just remembered I have a 5pm conference call starting in 15 minutes and I KNOW someone in upper management is going to read through the sales rankings. How will it feel to be outed as a complete and total failure? Moron? Loser? Maybe I'm not the only one with a big goose egg this quarter? Hey, maybe that woman in Texas has a big fat zero too? How much could a pregnant woman really sell? Or that guy in Reno whose dog bit him in the face last month. It would be hard to sell with your face covered in a bandage. Wouldn't it? For a moment, my thoughts comfort me. It's a fleeting moment though. Besides, this thinking does not pay my bills. I look down at my day planner and read, "What the mind can believe, it can achieve." That comforts me more but seems tragically difficult at the moment.

I decide to quickly check in with my friend in Portland whose has consistently ranked one or two since I started with the company. He'll know the lay of the land.

"Hey Tom, it's Jenna, how are things going?

"Oh I hear YOUR sales suck this month," Tom chuckles. I'm certain I can feel a sharp knife penetrate my stomach. "Or, should I say this year," he adds. Ouch, the knife nicks my spinal cord and shoots right through my back. I'm so glad I called.

"Really, how are your sales this month?" I ask, ignoring the urge to hang up the phone, fly to Portland and spit on him.

"Well, I'm number 1," he says.

Of course you are. And then he tells me he's at 48% of his quota. I'm all out of knives so instead I begin to laugh.

"Tom, you've basically sold two more systems than me and your gloating?"

"Yes," he answers "but I'm number one."

We hang up the phone as our conference call is about to begin.

But before I dial in, I sit back in my chair feeling, well puzzled. It's strange to me anyone would gloat over numbers so below average. Yet what amazes me even more is how the ego can find ways to adopt and adapt without being, well... drunk. Forget feeling good about exceeding sales goals. Now we'll just look at others and feel good because we are doing better them. Even if "better" is relative to well, nothing.

"What the mind can believe, it can achieve." I look at my sales goals again and decide to put together a real plan of action. A real plan - not the kind they make us invent at our yearly sales meetings. I'm certain I've never done a "real" one but today seems like a good day to begin.

Selling is not simply a job, it's a skill that's continually built upon over time. We are dedicated to helping you navigate and grow during good times and bad. Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!"

Thursday, April 23, 2009

Did I mention, I'm in Sales? part 3

Here's a quick recap in case you missed the first two installments and you think reading them will require to much energy: Jenna Bradley sells MRI devices but the economy has destroyed her sales and she thinks quite possibly her mind. (Let's call it her attitude!) She's found solace with daytime TV and cheap vodka. She's being evicted from her home and has sold her washing machine to make her car payment. Her Sales Manager is no where to be found and that's just as well. He's yellowish green, needs a bra and could use a stomach staple or two. (Added now for better description. And yes, he might be jaundice) She's in over her head. And then she falls asleep and dreams of Napoleon Hill. She thinks it's actually God. It is a dream after all.

Holy cow, that WAS a strange dream. For a moment, I wonder where I am. Like when you're traveling and you wake up in a strange hotel room. Was I drinking this morning? For a moment, I can't even remember what day it is. But I am painfully aware that I need to be working. That I should be trying to sell something.

I look at my watch and realize it's already 1 pm. Ughhhh, it's much too late in the day to start prospecting and really get the momentum going. (How's that for rationalization?) I find my blackberry under some blank order forms and notice I have a missed call. Thank goodness, it's from one of my accounts and not my "shrek" looking boss. I decide to return it. Dumb Mistake. It's a customer needing service.

"Oh, your display panel on your system is blank? Did you turn it on? No, I'm not trying to be smart," I hear myself saying. I suddenly feel like asking, "Do I look like the service department? Do you see a BIG service tag with a 1-800 number in three places on your machine?" But better judgment takes over. For a moment I consider calling our customer service department myself for the account but my company "frowns" on that. Instead, I direct them to the number on the system and hang up. I feel enormously proud that I have done some work today. I've earned my minimum wage salary.

And then it hits me.... I haven't eaten all day! I head to the kitchen to make myself a sandwich. Scouring the cabinet and refrigerator for food, I'm struck by its emptiness. My whole kitchen seems lonely, like it needs a good friend. I settle instead for a Slimfast bar and resist the urge to dip it in vodka. Thank goodness tomorrow is payday. I'd be starving if I had to live off straight commission. And then it really hits me...

I am one step away from being homeless. Actually worse, I am one step away from living with my mother. 18 months ago I was in the top 10% of ALL the salespeople in my company. Today I am worried about food and eviction notices. I wonder if I have a brain tumor.

"What the mind can conceive, it can achieve!" I mumble to myself. Oh, that sounds like something Dr. Phil would say. I'm pretty sure that guy isn't even really a Doctor. Then I remember my dream.

With a vengeance, I search for my day planner. No I don't use my blackberry to keep appointments. I'm only slightly living in the 21st century. I find the section for notes and write. "What my mind can conceive, it can achieve." I can feel something stir in my soul. And then I write my first goal. "I will sell one device by the end of the month. I except to make $8,000." I add, "When I accomplish this, I will give 10% of the commissions I earn to the Homeless Shelter." I purposefully leave the book open on my desk. And then I decide to write it on 10 pieces of paper to hang around my house. For the first time in a long time I feel hope.

Tuesday, April 21, 2009

Please Don't Talk to ME about Sales Goals! I'm not in the Third Grade!

We interrupt our story for a very important message on goals! Oh, not goals you say. "I should stop reading right now," you mutter to yourself. "But you have proven to be slightly entertaining, so I'll endure this post in the hope that you continue your story tomorrow!" I promise I will but humor me and read on.

Most people don't like the word "goals." I'm really not sure why. Maybe it's because in the back of our minds we aren't certain we can or will reach them. And if we can't reach the goals we set, our minds tell us we fail. None of us want to see ourselves as failures. Our egos cringe at the very thought. So we decide not to construct them and convince ourselves without them we can't fail. Or, something like that.

The miraculous things about goals is that if you write them down, review them and BELIEVE them, you will achieve them! It's really that simple. Consider Jim Carrey:

“I wrote myself a check for ten million dollars for acting services rendered and dated it Thanksgiving 1995. I put it in my wallet and it deteriorated. And then, just before Thanksgiving 1995, I found out I was going to make ten million dollars for Dumb & Dumber. I put that check in the casket with my father because it was our dream together.” Jim Carrey

If you are in sales today, wrap your mind around the fact that not only do you need goals, you want goals in this current economic environment. And it's when we write these goals down and believe, the power of the universe seems to take over. Even if you sell a product today that is unaffected by the economy (pacemakers, stents etc...) having goals will keep you at the top of your game and in the running for your companies top award.

For those who have never written a goal in their life, I don't expect you to take my word for it. But, if you want to excel in sales, decide for just a moment that what I am saying is true and test it for yourself.

Write down how much money you want to make for Q2. Then go backward from that. Write down how many sales you would need, how many presentations you would need,how many prospects you would need, how many cold calls you will have to make, what time you should start your day and what time you should end it. I even include how many weekends I think I need to work. Include everything on this sheet you need to do in your particular sales job to meet your goal. This exercise will probably not take more than 10 minutes.

And in doing this exercise you accomplish two things: 1. You have set your goals and 2. You have just built your road map success.

You might be surprised to find that this simple little exercise will actually change your life.

Sunday, April 19, 2009

Did I mention, I'm in Sales? part 2

Ah, it's good to finally take a shower. I start to sing "I dream the dream of times gone by..." and I think of Susan Boyle. (Maybe not the best picture in the shower.) And I reason, if she can find success at 47, I feel certain I can regain mine. I imagine standing before Simon Cowell. He says, "Your sales career was in the toilet but that last sale, well that made up for ALL the days you stayed in bed and moaned about the economy. Jenna Bradley, you can go back to work with your head held high..." The crowd erupts. I do notice Simon doesn't have his cheeks between his hands or that "I just ate a bird" popping smile. Undaunted, I run to the side of the stage with my fists raised in the air. "Ah, it's good to be on top."
The water begins to get cold, so I turn off the shower and feel comforted by my sudden stardom and my stink-free body. I quickly go to my computer to check my leads for the day. Man, it's been a while since I have done that. How long I really can't remember? Does my sales manager know this, I wonder? Let me just look for the whole month. Ughhhh, ONE, one lead for 30 days and I know this group - it's not a lead at all! I eye the pencil on my desk and convince myself not to stick it in my eye. What to do, what to do???? Cold Call? The thought causes a deep pain to jar my intestines. For a second I think I might have food poisoning.
I call a friend from another territory. He tells me he will call me back, He's on his way to the movies with his wife and kids. "Is it Saturday I ask?" "Oh, your taking the day off because your not that busy," I repeat back to him. I hang up the phone, shaking my head. It's way too early to start drinking. For a moment, I consider an afternoon movie but decide the $7.50 ticket would buy me 2 latte's at Starbucks instead. Every penny counts today.
I haven't been to church since I was a kid, but I lay my head down on my desk and pray for wisdom. Actually, I pray to win the lottery and then I pray for wisdom.
In an instant I am transported to a television studio. The dream is in black and white. There is a man about to speak to a camera. He's old and isn't at all familiar to me. I wonder if he's God. Before I am allowed to watch the recording, I must agree to abide by whatever he says. I hope he's not going to ask me to belly dance because I'm feeling kind of fatty these day. I am also asked to stop allowing my ego to rule my life. "What ego, I ask myself." I agree and my dream moves forward.




For more information check out!: Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!"

Thursday, April 16, 2009

Did I mention, I'm in Sales?

I was thinking today as I was closing the door of my Hummer, it used to take a lot less effort to close a $100,000 MRI sale than to close this door. As I walk into the house, I notice the sweet smell of bacon permeating the air. Funny I think, it's not Sunday my usual day to cook bacon. Today is actually Tuesday. Or wait, maybe it's Wednesday. I can't remember so I search for my Blackberry to check the day. Shoot, I can't find it. I'm sure that I just used it today or maybe it was yesterday. I wander to the couch and am surprised - hey, the sofa cushion is still warm. Oh yeah, I just left for a second to go to the convenience store to buy an enormously overpriced bottle of really cheap vodka. I go back to the kitchen, pour the vodka, add orange juice and convince myself adding the orange juice has just made it a healthy drink. I can feel my liver enlarging just thinking that thought. I return to the sofa and turn on the TV. Darn, I missed Dr. Oz on Oprah but hey, Ellen is on and her guest is Christina Applegate. Holy cow, there's a plant moving behind her on the set and it's shaped like a man. I think I've had too much to drink or maybe daytime TV really is something to be missed. The phone rings and interrupts the deep conversation I am having with myself. The caller ID says it's my mother. Voicemail? I haven't spoken to another living being all day. God, why can't my mother just sign up for Facebook? I decide to answer it. Big mistake. Her washing machine is broken and she asks to use mine. I tell her mine is also broke but actually I had to sell it a few weeks ago to make a car payment. Then she tells me she is worried that the moth on her window will eat a hole through her clothes. I ask her, "Have you ever seen a moth, ever, eating any piece of clothing? In your whole life? No, they are either stuck to a window trying to figure out why they can't get to the other side or flapping on a light bulb desperate to stay warm." I tell her to find a shoe and swing for the fence. Then I hang up the phone and doze off. I dream I am falling off a cliff and George Clooney is below with his arms out-stretched. He realizes I haven't sold anything all month and he lets me fall straight to the ground. The fall doesn't wake me up. Next I am spinning in my own washing machine that is now owned by a lovely drunk women who looks like she is living in a trailer park. She pulls me out of the machine and laughs so hard her belly splits open. 3 MRI's spill out of her belly and they ask me: "Are you ready to go back to work yet?"
The doorbell is ringing? I wake up and see that Fed Ex has left me a gift. I can feel the excitement well up inside me. I open it up. Crap, it's brochures from my company on a new product I'm supposed to be selling. Who can afford this I wonder? Suddenly I realize I can smell something and it smells like a poopie flavored lollipop or it's something that is dead. Maybe it's a dead rat trapped in a closet. I wander all around the house but I can't get any closer to the smell. I sniff some more and realize the smell is ME. Geez I wonder, when is the last time I showered? I have no idea so I pour myself another vodka and wait for the evening news. And oh, the news is bad. I raise my fists in the air and congratulate the commentators for spewing more economic upheaval. Comforted in my reality, I drift off to sleep.
I wake up with a terrible headache. Actually, my whole body hurts. I think it's from spinning in that washing machine. The door bell is ringing. It's a Sheriff. He hands me an eviction notice as he pinches his nose together. How rude, I think. And he's kind of fat. How could he possibly chase down any bad guys with all that blubber? The notice says I need alot of money to stay in this house. Actually, I'd just have to sell one, maybe two MRI's to pay it off. I stink. No literally. I have two choices? Pour myself a drink or take a shower and show the world I am better than this? I take a shower but I haven't decided, am I better than this?

Salespeople are the life blood to keep this economy moving!

Today the housing market was again in the news with some pretty bad numbers: 1 in 159 homes in America are in foreclosure. Most of us know someone who is likely facing this scenario. At least you do if you live in one of the hardest hit States.

The four hardest hit states: Nevada, Arizona, California and Florida make up over 60% of the homes currently in foreclosure. Add just 4 more States and you total over 70% of homes facing foreclosure.

If you are in sales, selling in one of these States, it's likely you are facing some very tough consumers. And even if your State isn't severely affected by foreclosures, credit lending has become so tight it affects the whole Country. The more homes that fall into foreclosure - the harder it becomes for consumers to secure new loans for homes, businesses or even a college education across the country. And when consumers have a tough time getting loans, they feel poor.

No matter what State you are selling in today, understanding that choosing your prospects wisely will win you big gains. You don't have to sell to the masses to be successful, you simply need to be the best at qualifying a prospect and then keeping that great prospect on your call list or email list at least once a week. Choose your words with great care. Words are what we use to motivate and what we use to sell.

Let's look at one more thing. For just a moment, look past all the bad lending that has occurred over the past decade. Look past the credit derivative fiasco. So much of what has occurred comes down to two simple notions: greed and fear. Greed drives markets to irrational heights. Greed supercharges the ego into believing things it otherwise would not. Masters of the Universe are born during these time - at least their seeping brains believe this to be the case. And when the game is up (and all games end) fear takes over with a mighty force. Everyone fights to hang on to what is left. (Unless of course you are Bernie Madoff and you simply have nothing left.) And if you top it all off with 24 hour news networks that seem to keep it all overinflated, the world is never what it seems or what it could be.

Understanding the psychology of what moves markets is imperative for sales people. The better you understand the emotions of your consumer - during any given moment, and the better you understand markets - the better your sales strategy becomes.

If Americans today are feeling more fearful, your job is to make them less fearful. We need to demonstrate that the time to buy is now because, lets face it, most products and services are selling for a lot less than they were even 12 months ago. Are you sure that this will be the case 6 months from now? No, as a matter of fact, a case can be made for just the opposite. (But that's for another day!) Today, consumers want VALUE and if you can show them value, demonstrate you are willing to go not just the extra mile - but 2 or 3 extra miles, they will be more inclined to work with you. Americans still love to spend money (don't lose sight of that!) But when they are afraid, they are only going to spend it with people they trust. Make that person YOU.

Sales people are the life blood of nearly every business. We are what makes the economy turn. Knowledge, attitude and perseverance will leave your competitors in the dust.

For more information check out!: Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!"

Saturday, April 11, 2009

Barter me Broke!

Consumers have become very interesting in their approach to "negotiating." You pull out a pen and a price quote and your intended buyer suddenly seems to be transported to a beach in Mexico looking to purchase a sandy sea shell necklace. You offer your product or service at $10,000.00. Your buyer counters, "I'll give you $1000.00 right now and I'll tell everyone how well your product works." Oh thank heavens! You thought you were "negotiating" with a potential buyer. How lucky you should feel to discover you are "bartering" with Ralph Nadar!

Technically, bartering is "trading" without the exchange of money. "I have a gun, you have corn." Negotiating is coming to a mutually agreeable price - that usually doesn't include the trade of something except money. Unfortunately, potential buyers seem to be trying to mix the two in this time of economic uncertainty. This poses a very difficult challenge to sales representatives who are employed by the company they represent.

The best thing to do is to remind your potential buyer that you are in no position to barter for a product or service. Unless you actually own the company and you prefer to barter.

Remember, if a potential buyer is attempting to barter with you, you have just been put on the defensive. You can't win in that position. (Unless you are actually in a position to barter and want to do so.) If your selling style uses humor, this is the easiest way to deflect barters: "The only form of payment I can accept is Visa, Mastercard, or cash. My list doesn't include verbal or written endorsements, horses or small farm animals."

Always restate your price no matter how you have expressed to your potential buyer that their offer is not an offer at all. Your job then is to remain silent. Wait for the buyer to give you a reasonable counter offer.

If your buyer remains unreasonable, don't be afraid to go back over your price quote - stating to him or her exactly what is being offered, your price discount already built into the offer and how YOU reasonably expect the negotiation to proceed. This will put you back in an offensive position.

If you find that your buyer does not move, your sales process likely needs some fine tuning. It could very well be this "buyer" wasn't really a "buyer" at all. Learn to ask more probing questions to understand your buyers psychology and hot buttons. Understanding what a buyer truly thinks and believes is one of the first keys to executing successful negotiations.

For more information check out!: Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!"

Wednesday, April 8, 2009

Rapport and the Bullhorn

Rapport is the real first step in any sales cycle. It's your customers ability to connect with YOU on a human level. It's not about how much they like you. It's about how much they believe you care about them, are advocating for them and will take care of them after you sell them your product or service.

Salespeople often believe that rapport is established by asking a bunch of benign, silly questions about family, education or hobbies. That's certainly important later in maintaining a relationship, but it will only take you half-way to first base in an initial sales meeting.

Rapport is three things: 1. Passion for your product 2. Conviction with words 3. Genuine concern for your potential customer.

Think of George Bush with the bullhorn in his hand, right after 9/11. (This must really be a good example or I wouldn't be drudging up his name!) George Bush stood very tall with authority and said: "I can hear you! I can hear you! The rest of the world hears you! And the people -- and the people who knocked these buildings down will hear all of us soon!" The crowds went nuts.

What did he do in that one terrible moment of time? He connected with his audience and he did it with passion and conviction. He established rapport on the grandest of scales. He said I care, I'm one of you and I have something that can fix your problem. And at that moment, we bought everything he had to sell. (And wow, talk about a guy who could sell something for a really high price.) As a salesperson, you must be able to connect in the same heart felt way George Bush did that day. Although, I'm not suggesting a bullhorn or standing on a firetruck.

Three years ago we decided we were going to build a pool in our backyard. We called three or four companies to provide us a bid and show us some designs. I wanted the best pool for the cheapest price - sound familiar? Actually, we had owned a pool in a previous home and the pool had cracked. Even though we had a warranty, it became a nightmare getting the company to repair it for us. So my real concern was care and maintenance AFTER the pool was built.

After interviewing three sales people, we decided on none of the pools. It wasn't because the designs weren't great or even that we thought the prices were to high on any of the pools. For me, none of the salespeople with their pretty pebble tech brochures seem to care at all about what they were selling. They certainly didn't seem to connect with us. I might as well have been asking them to dig a hole in my backyard for a family burial plot. Just fill it up with water and we'll float on to the next life. If they weren't able to demonstrate concern for me now, they certainly wouldn't be caring about me later. (By the way, I'm actually an easy sell!)

Today consumers are nervous and they demand salespeople they can trust and depend on. They want a company that cares about them and is willing to demonstrate that. Be trustworthy, passionate and have conviction about what you are selling. That's how you establish rapport in today's economy. That's the first step in winning.

For more information check out!: Sales-Negotiation-Training.net

We'd love to hear your questions! Email me directly!

Sunday, April 5, 2009

Sales Movement

I spend a lot of time talking on my cell phone, usually when I drive. Lately I've been spending more of that time listening. I'm pretty sure Q1 was still fairly brutal for most sales people - regardless of what industry you are in. (Unless you are selling toilet plungers. It seems there was a lot of puking go on.) However there IS a change the air, ever so slight, that seems very promising for salespeople this quarter. (We'll get to some of these changes in my next blog.)

Which means - if you're that salesperson who uses the economy as an excuse NOT to sell your product or service - your hall pass is about to be revoked for a few quarters. (Yes, really, i do have sympathy.) So get up off the couch, put the lid on the vodka bottle and start building your list and reactivating your cell service.

Positive Selling

While Q2 is going to look and feel much better compared to the first quarter of this year, this quarter it really is all up to you. If you are not positive in thought, action and word - your competitor will win. Right now, people want hope. They want it to be better. They want you to make them '"feel good"about what they are buying. Most people have had enough of the negative. We all have.

There's this little theory called "the Heard theory" which basically says people "do" what everyone else is doing. The heard theory goes back to the late 1700's and tulips. For a magical moment, everyone wanted tulips. They were shipped in from all over the world. People couldn't get enough tulips. Until one day, no one wanted any tulips. Imagine if you were the last guy who trucked in a million dollars worth of tulips that suddenly no one wanted. That would stink! We'd all like to believe we are smarter than that - but we probably don't need to mention any more than a few bubbles, technology, credit and housing, to prove not much has really changed.

So if the news is starting to sound good, people will get on board the ship that is selling. It's just part of the human DNA, I think. And, it's probably better if they hop on board your ship rather than one of your competitors.

We look forward to hearing from you or you can visit us at: www.sales-negotiation-training.net.