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Is Product Discounting the Way to Go?

Sure, you want the business, but is discounting the way to go? Studies have shown that once the reduced price goes away, so may the customer. Better to slowly build a base of customers who really want your product "at the regular price" and who will stay with you due to your service and expertise.
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One-of-A-Kind Marketing

Many folks buy because of a "fear of loss". Can you market your product as a "one-of-a-kind" for a "limited time only?" Show them what they stand to gain as well as what they will lose if they don't order now. One auto salesperson we know always shows the purchaser a model that is a "second choice" in case the "preferred model" gets sold before the customer makes a decision. This can really speed up the sales process.
quote:
Originally posted by Art Post:
One-of-A-Kind Marketing

Many folks buy because of a "fear of loss". Can you market your product as a "one-of-a-kind" for a "limited time only?" Show them what they stand to gain as well as what they will lose if they don't order now. One auto salesperson we know always shows the purchaser a model that is a "second choice" in case the "preferred model" gets sold before the customer makes a decision. This can really speed up the sales process.


Yes the "impending event close" is still a viable choice in our business. Whether it's the classic "This special price is only available for X amount of time" or "This is the only one we have at this price and my sales manager said the first one with paper work get it" still work. I know it can sound cheesy but if you can make it NOT sound cheesy.. it's good.
Be Ready for Those Last-Minute Purchasing Decisions

Many customers and prospects always seem to make buying decisions at the last moment...leaving you scrambling! Preparation on your part is essential if you want to continually win the hearts and business of the "last minute Charlies." Some tips:

- Prepare proposal "templates" on your computer that can be easily completed, then faxed or emailed.
- Purchase a mobile phone that you always carry with you. Make sure that your prospects know the number so they can reach you any time during the business day.
- Send direct marketing mailings or e-mails every 30 days so that you keep your name in front of them
Don't Be Outdated

Many customers and prospects always want to feel they are purchasing services from someone "in the know." The smart marketer always keeps up with the latest information in their prospects' industries. Make sure your prospects know that you know. Make it a point to call or email them when you come across information that can cause changes in their industries. This extra effort can be time-consuming on your part, but can lead to more sales in the long run. Time-saving tactics.
Major Shift? Go to the Top

If you are selling a service or product that causes a major shift in a corporation, then only sell to the top. A smart day-care center owner we know only markets to the presidents or CEOs of large corporations. Most large organizations don't want the "shift" and overhead of providing an in-house day-care center. Our entrepreneur proves to top management that she can provide them a needed service without a major shift.
Don't Be So Exclusive

In business, it's easy for clients to think that you only offer one service or product - the one they've most recently bought from you. Make the extra effort to educate your clients about all your products and services. A financial planner we know conducts a monthly direct mail campaign that highlights one service or financial product that he offers. This has lead to a great number of referrals from clients who may not need that particular service/product, but pass the word to those who do.
Highlight What's Important

Sending out FYI articles to your prospects and customers? Go the extra mile and use a yellow highlighter marker to identify the information in the article that you believe will interest each person the most. This saves the prospect/customer time by allowing them to immediately focus on the most important sentences, which in this busy world, will be greatly appreciated.
Displacing a competitor

from their accounts can be a very difficult task. At the same time, displacing a competitor can be very lucrative for salespeople and an extremely profitable way for your company to increase its market share. To be successful, salespeople should be careful in their approach and message to the competitor’s client.
So you are going to sell a product that you believe in.

Next thing you need to do is your research. Do your "homework". Find out as much as you can about the product and the sort of people you will be selling the product to.

If you are selling to a select clientel then you will need to understand them and be able to talk to them in their "language" using their terminology.

If you are going to be selling to a wide range of people then you will have to become adept in being able to pick people and then speak to them in their language. Being able to communicate on all levels is the key....
When you communicate to a person at their level they feel comfortable with you and will relaxe and lower their resistance to sales people.
If you talk to a person and use a lot of technical terms that are over their heads they will think you are trying to make them feel stupid and will resist what you are saying and think that you are lying to them.

Therefore its important to keep things simple...learn how to translate anything complicated into more simple terms..if the situation lends itself you can have paper and pen and you can draw things and write things down to explain it to people using visuals will help someone understand something a bit more complicated.

Research doesn't stop with just your product. You will need also to research all of your competition. You will have to understand them and their product so you can compare your product to theirs and explain to a person why they should buy your product instead of the competitors.

If it was a retail situation, I would personally be a shopper in the other stores and find out what their key selling points are and come up with counter selling points.
Sales pros have compiled a list of 25 critical questions that organizations must be able to answer before they can achieve record-breaking sales results.

Questions like:
Which lead sources result in the highest percentage of closed business deals?

What sales process does your best sales rep use to close the most deals?

How effectively do you distribute sales leads among new and experienced sales people?

Which competitors do you lose the most business to and why?
The very first rule about selling anything is you have to believe in what you are selling.

How many sales people do you meet and you know straight away that they don't believe in what they are selling because you can feel it when people are lying to you.

I have quite often got that feeling from used car sales people because they often know they are selling you something that you will be having trouble with later. Most of the time people sell cars because they are having trouble with them or they think they will start to have trouble with them soon.

People will know when you are genuine and will be able to feel your enthusiasm for the product.

Personally I would never ever sell something that I did not believe in. So believe in the Ricoh and you will have successes.
Sales Pipeline:

A sales pipeline is a very important concept in selling because it is the recognition of the origin and result of each sale. Each sale starts as a lead -- which is a phone number, a name, an email address, a referral or someone who walks into your store -- they are leads. From there, you qualify the lead, which means, you make sure this person is capable of becoming a customer -- either they have enough money or the right size outfit for your product. For instance, you might sell mini-vans, and a good qualifying question is: Do you have any children. If so, you might try to sell this person. If not, you would try to sell them another vehicle that isn't so family oriented. From there, after you've qualified a lead, you sell to them and you either get a "continue", an "advance" or a "decline." I'll explain those later. A "continue" can turn into an "advance" which can turn into a customer -- or a sale. chiching.
So a sales pipeline goes like this:
lead ---> qualified lead --> continue/advance --> customer --> repeat customer

Some products have a quick pipeline. Some products have a longer pipeline. Generally, the more expensive the product, the longer the pipeline (although that is only a general rule.)
An important part of selling is to

keep track of the ratios and numbers so you can understand your pipeline and improve it. How many calls does it take to get an appointment? How many appointments does it take to get a sale? And so on. Eventually, you'll find that it generally takes 10 calls to make an appointment and 10 appointments to make a sale, for instance. Then you'll realize that if you made 1000 calls last month and made $5000, then you'll want to make 2000 calls to make $10,000. Once you start knowing your numbers, you start to understand your pipeline.
Suppose you make 100 calls one month and get 20 appointments for the next month, but that next month you're busy going to appointments so you didn't make any calls -- how many appointments will you have on the third month? None. That's because you didn't feed the pipeline.


Of course, if you've done any sales already, you're quick to realize that If you made $20000 in sales this month, it's because you made 2000 calls last month. Or something like that. That's the sales pipeline in reality.

You can draw sales pipeline like one:
* Leads *
* qualified leads *
* cont. *
*advances *
*sales!*
Tracking data

When selling, it's important to keep track of the numbers. It is important for many reasons. Keep track of:
1. The number of dials you make
2. Messages left
3. People you reach
4. First appointments made
5. Number of people who give three "No's".
6. Messages returned
7. Number of new leads added to the intranet
We will also be tracking total number of sales visits and number of sales. Eventually, we'll get a handle on the value of our pipeline. Then we can work out how many calls we need to make each day to reach our goal.
Elements of a cold call

1. Get the person's attention -- saying their name is enough
2. Identify yourself and your company -- give a commercial for the company
3. Give the reason for your call -- the objective of the call is to get an appointment
4. Make a qualifying/questioning statement -- give an opportunity for the lead to respond in kind (ie. favourably)
5. Set the appointment
Drink Water

Before you give a speech, deliver a sales presentation or make phone calls - drink one to two glasses of water. It lubricates your vocal chords, helps your voice and gives you needed fluids that you lose while speaking. Lukewarm water is best. Cool water is OK. Ice water is not good for your vocal chords. Avoid dairy products because they create phloem in your throat.
There is a general impression held by many both inside and outside the business world that salesmen are full of hot air.

Many people associate the sales profession with the smooth-talking car salesman who wants to sell you a car that was owned by the proverbial little old lady who only drove it to church on Sundays.

Reality is that most sales people are average everyday individuals who are friendly and considerate and have friends and families, just like people who are accountants, engineers, journalists, architects, house painters, scientists and the like.

Unfortunately, it’s hard to travel far without coming across a sales rep who likes to talk, talk, talk and push, push, push. The most common personality types found in sales are admittedly not the best listeners. They can be impatient and more focused on closing the sale rather than listening to their customer’s needs. Even the best sales professionals can use a refresher on how to listen effectively.
The very first rule about selling anything is you have to believe in what you are selling.
How many sales people do you meet and you know straight away that they don't believe in what they are selling because you can feel it when people are lying to you.

I have quite often got that feeling from used car sales people because they often know they are selling you something that you will be having trouble with later. Most of the time people sell cars because they are having trouble with them or they think they will start to have trouble with them soon.
People will know when you are genuine and will be able to feel your enthusiasm for the product.

Personally I would never ever sell something that I did not believe in.

So you are going to sell a product that you believe in.

Next thing you need to do is your research. Do your "homework". Find out as much as you can about the product and the sort of people you will be selling the product to.

If you are selling to a select clientel then you will need to understand them and be able to talk to them in their "language" using their terminology.

If you are going to be selling to a wide range of people then you will have to become adept in being able to pick people and then speak to them in their language. Being able to communicate on all levels is the key....
When you communicate to a person at their level they feel comfortable with you and will relaxe and lower their resistance to sales people.
If you talk to a person and use a lot of technical terms that are over their heads they will think you are trying to make them feel stupid and will resist what you are saying and think that you are lying to them.
Therefore its important to keep things simple...learn how to translate anything complicated into more simple terms..if the situation lends itself you can have paper and pen and you can draw things and write things down to explain it to people using visuals will help someone understand something a bit more complicated.

Research doesn't stop with just your product. You will need also to research all of your competition. You will have to understand them and their product so you can compare your product to theirs and explain to a person why they should buy your product instead of the competitors.

If it was a retail situation, I would personally be a shopper in the other stores and find out what their key selling points are and come up with counter selling points.
Your Competitive Advantage Selling Your Unique Attributes

What's your competitive advantage? You can turn those cold calls into warm calls by explaining to your prospect just what makes you unique, different and better than the competition!

The best way to explain a competitive advantage is by first talking about what it is not. "We give great customer service" is NOT aunique competitive advantage. Every company in the world makes this claim - whether it is true or not. This type of line is just a "throw-away." It doesn't set you apart from anyone.

Look at your company, it's products and services andfigure out what makes you truly special. Then sell those points whenyou are making a cold call. How can you save your prospect money,increase profit, add peace of mind, save time and create more valueoverall? For example, at (your company), one of our competitiveadvantages is that you will always be able to reach the president of the company.
In the sometimes disreputable industry we are apart of, clients are comforted to know that they can easily talk to 'where the buck stops'. Now that's unique!

Another advantage I like to mention is that at the end of the campaign your call list will be returned to you "qualified" with the information we have learned about your prospects. You list will now contain thedecision maker's name and a record of the conversation that tookplace to assist you in your future marketing or mailing efforts.

One of the best ways to come up with your competitive advantages is to think about how you've helped a particular industry, target thatgroup, and "speak their language." How can you add value specifically to that market segment?

Of course, you should mention your competitive advantages in your phone call, but don't forget to use them in your follow-up letters or emails also. After completing a phone call or in-person meeting, send an email recap to remind the prospect about exactly what was discussed in the phone call. Add a paragraph or two, or bullet points atthe bottom of the re-cap as a reminder of exactly what makes your company unique, different and the right choice for your prospect.

"Call me after the Holidays" is Here but Your Business Doesn't Stop!

Thanksgiving is early this year, extending the holiday season byabout a week. But just because business (decision-making) slowsfrom Thanksgiving to New Year's Day, doesn't mean that youshould stop marketing.

In fact, with the right attitude, you can use the month of Decemberto be ready to get back to work on Jan. 2, a time when many of your competitors are just starting to think about setting those sales calls.

It may seem that the most frequent words you'll hear on the phoneright now are, "Call me after the holidays." Don't let it frustrate you.Try this rebuttal: "My calendar fills up pretty quickly. Why don't we set a tentative appointment now for January? Do you have your calendar in front of you?"

Tentative is a great word, because it won't make your prospect feel asif they are making a hard and fast commitment. Always ask theprospect to take out their calendar. It makes it much more likely that they will agree to an appointment.

Remember, any appointment you make now will make it a little easierto get back into the swing of things in January when the holidays are over.
WHAT IS OUTSTANDING SERVICE?

To answer this question, we contacted their salespeople--more than 300 of them--and asked the following question: "What steps do you take to ensure that your clients receive outstanding service?"

Before reading any further, take a sheet of paper and list 10 ways in which you or your salespeople are servicing your accounts. Then, compare your answers to the following list.

1. Discuss job with client and gather specs.
2. Prepare and submit quote.
3. Pick up artwork.
4. Deliver proofs when necessary.
5. Make changes and corrections.
6. Keep client informed of job progress.
7. Attend for press proof.
8. Ensure timely delivery.
9. Follow up to ensure satisfaction and address any problems or concerns.
10. Keep track of client’s printing needs and advise them when it’s time to re-order.
To be blunt, if you scored anything less than 10/10, you don’t deserve the customers you have, and your clients know it. But even if you managed to get a perfect score, you’re still not serving your accounts. As a salesperson, it is your obligation to do anything and everything to ensure that the job gets to press and is delivered on time, and these top 10 responses adequately describe this responsibility. Doing what you must do, however, is not servicing your accounts--you are merely performing your duty. Service is what you do for your clients above and beyond duty.
Cardinal prospecting rule

In both of these examples, getting the appointment would have been easy had the salesperson not contributed to their own demise. They destroyed their chances of landing the appointment by breaking a cardinal prospecting rule: They told their prospect what they were selling.

The moment that you read the words "carpet cleaning" and "real estate," you, too, immediately stopped absorbing the presentation and began to prejudge the value of the call. So when you’re prospecting for new business, keep in mind that the person you’re talking to is going through this same mental evaluation process.

For example, if a receptionist answers the call and you say, "Good morning, it’s Peter from Lucky Print. How are you today? Could you please tell me who orders the printing for your company?" he or she will most likely respond, "Thank you for calling, but we’re not interested right now. We’re happy with our printer."

The receptionist knows to respond that way because she’s been listening for and has just heard the key words that allow the call to be screened. The moment that you said "printing," the sale was over!

Many receptionists have clear instructions to block salespeople, so it is crucial that your initial telephone presentation bypasses screening techniques.

The most important prospecting rule of all: When making a cold call, never tell the receptionist what you are selling. Instead, use one of the following techniques:

Don’t mention your company name. Instead, just ask for the person you want to speak to. "Good morning, could I please get the correct spelling of your marketing manager’s last name?
Use an acronym. Instead of saying, "It’s Peter from Lucky Print" use the first letters of the company name and say, "Good morning. It’s Peter from L&P."

Since the receptionist doesn’t hear the key words, he or she cannot screen your call. Although you may be asked probing questions, if the receptionist is busy, he or she is just as likely to answer your question and put your call through. By making this small but all-important change, you will dramatically increase the number of appointments you land, while making fewer cold calls.
ASTONISH CUSTOMERS

Providing outstanding service means nurturing your clients by consistently doing things that move the customer from mere satisfaction to astonishment. In other words, even though delivering a quality job on time may often require that your salespeople go out of their way, in most cases the client won’t acknowledge the salesperson’s extra efforts because they perceive these efforts as the salesperson’s duty. It is only when you go beyond the expected--when you astonish your clients--that you embark upon the realm of outstanding service.
Although most managers and salespeople truly believe they are providing their clients with outstanding service, our study shows that this is not the case. Seventy-four percent of the salespeople were merely doing their duty: whatever was necessary to get the job delivered on time. Nine percent did little or nothing after they landed the order, and only 17 percent actually provided their clients with outstanding service. In other words, most of us only think that we are servicing our accounts.
Art...a very good point! Might I add that not only is this important as one needs a starting off point and a game plan, but this has to be broken down into weekly and even a daily game plan. One of the things I always stressed with my salesmen was to sit down either Sunday night or early Monday morning and put together what they wanted to accomplish this week. Every evening to put together their next day. Never...never come into the office and not know what you're doing the minute your feet hit the floor the next day.
I know it's an old adage, but if you fail to plan then you plan to fail!
Research your target companies individually, discovering as much information as needed before your sales call

Find detailed people listings that include biographies (when available) and job titles
Read about a company's products and operations so you can tailor your sales pitch to show how your product can fit their needs
Access a database of over 23 million companies
Receive news updates via email about your prospect companies
There are two words that are critical to use when responding to an objection.

And two words NOT to say.
What are these words?
Examples
When you hear the objection:
"We buy all of our imaging supplies from (your competitor), the XYZ Company."
Some may respond (and the natural inclination could be to say):
"Yes, but the XYZ Company doesn't stock Ricoh brand copier toner and we can supply you with Ricoh products."
Two words NOT to say: "Yes, but . . ."
Because it sounds argumentative.
Words Count

How quickly you capture a customer’s attention depends on how carefully you choose your words, according to Maura Schreier-Fleming, author of Real-World Selling for Out-of-this-World Results (First Books Library, 2002).
"If a customer has a concern, our job as salespeople is to listen, to acknowledge and to hear that concern. Using the word *but* negates everything you’ve said before it," warns Schreier-Fleming. "What your customer hears is the disagreement that precedes an argument."
quote:
Originally posted by JasonR:
quote:
Originally posted by Art Post:
There are two words that are critical to use when responding to an objection.

And two words NOT to say.


The two words NOT to say are "yes, but". The two words that ARE critical to say are not listed.

Unless this is some kind of riddle and "yes, but" is both of them, and I don't get it.


I just post it for all, I don't write, I do agree with the riffle though!
These words will get better results when responding to most objections:
"I understand."

These two words can make a huge difference in the way prospects respond to you.
Example:
"I understand. Some of my other customers used to buy their imaging supplies from XYZ and what they found was, XYZ didn’t stock Ricoh Brand toner. We stock most Ricoh products on a regular basis here in our warehouse in addition to [insert another type of products you stock]. Do you need any Ricoh toner today?"
NOTE: In order to be able to respond this way, you must know what your competitors sell and what they do not sell.

"I understand" is a non-threatening cushion statement and will work extremely well as your first two words when responding to most objections. It lets the prospect know you don’t intend to argue.
Calming Irate Customers

A customer service representative in Dallas, Texas uses two different words when a customer calls with a complaint: Thank you.

"Thank you for calling to let us know about this."

Why should you THANK a customer for complaining?


Because if s/he didn’t come to you with the problem, s/he might take it to one of your competitors.
Time Management Tools. Although there is no magic solution for time management that fits everyone, you must make a decision to take control of your life and implement a system. It's okay to adapt and modify whichever system you choose but you must make a decision to begin your time management system TODAY.
How to Pitch Your Prospects

Here's the secret. The way to close the sale is to avoid pitching your prospect. That's right; don't try to prove to them you're the perfect solution. That's the wrong strategy and is a waste of time.

The best way to "sell" your prospects is by getting your prospect to do the work for you.
Get them to tell you three things:

1. What they are trying to achieve
2. What they want
3. How your products or services can help them
"Out of sight out of mind."

Has anyone ever promised you that when the time came they needed your product or service they would surely call you, only to find through a follow up call one week later that they just purchased your product/service from someone else?
"It slipped my mind."
"I forgot to call you."
"Sorry, but next time I'll remember."
There is a way to professionally and easily keep your name and valuable services in front of your clients and prospective clients.
It's called an email autoresponder system.
Utilizing this technology, you can input your client or prospect into an autoresponder series that will automatically send them e-mails at specified intervals...pre-written by you.

This process decreases the 'out of site, out of mind syndrome' and at the same time builds your value and professionalism to them...as long as your emails are valuable and not just 'e-junk mail.

The best part of these is that they are automated and hands free. The system takes care of all the deliveries and it frees up your time to work in other revenue producing activities.

As an example:
This website comes standard with an autoresponder email management system, and is what I use for my 7 installment FREE Newsletter.
Automatically when people fill in their e-mail address and 1st name, this system sends them an e-mail with the 1st Installment and at the same time requires the user to confirm it was them who submitted their information. This is called a double opt-in procedure and is smart in today's 'anti-spam' scenario.
Remember, this is all hands free and involves no interaction on my part...besides the initial set up.

I have used each of these services and my suggestion to you would be to find the one that fit's you, your budget and your email marketing goals best and begin utilizing it as soon as possible to help you become a sales champion.
Are you truly happy?

Do you even know what it means to be happy and what it takes to achieve happiness? These are important questions for anyone who is seeking happiness to ask themselves.

I live my life to maintain my own happiness while trying my best to not cause unhappiness to anyone else. If you want to be happy you need to understand that you can be happy and that you should be happy. Many people make the mistake of believing that they don’t deserve happiness and accept their unhappy state as their destiny. The truth of the matter is that happiness, like anything else in life, needs to be nurtured. With this in mind, you customers can see if you are happy or unhappy at your job. If you are unhappy the negativity shows through and they wonder why? Is the product not good? Should they trust your company? If you are happy, the sales with come right along with it. They can see that you believe in your product and company, and so will the customers.

Email that I subscribe to
Understand what it is that will make you happy. Everyone has unique requirements for attaining happiness and what makes one person happy may be very different from what makes someone else happy. Revel in your individuality and do not worry about whether or not your desires are comparable to those of your peers.
Make a plan for attaining goals that you believe will make you happy. Your mood will very likely increase as your pursue your goal because you will feel better about yourself for going after something you value. And, you will begin to see more sales, which equal more $$$$$.
Surround yourself with happy people. It is easy to begin to think negatively when you are surrounded by people who think that way. Conversely, if you are around people who are happy their emotional state will be infectious. You are happy it will shine through, and your sales will show it as well.
Today is 20% of your sales week.

Two sales days are 10% of your month.

To have only two "slow days" each month is equivalent to having more than one full month of "slow days" each year.

sales point...

Every moment of every sales day matters. These are your "money hours." Hesitation for a "better sales day" of the week or a time when you're feeling more "up to the task" will have a long-term effect on your ultimate sales results (and discipline).

It's this serious. Every sales day is a sales day regardless of circumstances.

Once gone, it's gone forever.

Over the next few weeks, begin your quest for complete sales time discipline regardless of environment.regardless of circumstances. Put the "Do Not Disturb" button on your money hours and on your sales discipline.

Time management is simple. Do what it is you know must be done.

"Defer no time, delays have dangerous ends.
William Shakespeare (1564 - 1616)
English playwright & poet
Identify The Knowledge Gap.

That's the space between what people know and what they don't know. Instead of assuming what they know, start determining what they need/want to learn in order to fill in this gap and ensure clear communication. What may seem old or common to you is new to them. Use questions up front to uncover what's needed to fill in the gap.

Example: "Just so I don't sound repetitive, how familiar are you with-?" "Web Image Monitor can do this for your organization, this is why -------."
Clarify!

Make each prospect feel that they are truly being listened to and understood. Use a clarifier when responding to what you've heard during the conversation. Rephrase in your own words what they had said to ensure that you not only heard, but also understood them. Then, confirm the next course of action.

Examples: "What I'm hearing you say is..." "Tell me more about that." "What do you see as the next step?"
Just The Facts, Please

"I told a prospect that I'd follow up within a week. Two weeks later, I figured I missed my chance and they went with someone else." Sound familiar? Effective salespeople don't guess themselves into a sale. To ensure you're operating with the facts, ask yourself this, "Do I have evidence to support my assumption or how I'm feeling?" Enjoy the peace of mind that comes from gaining clarity rather than drowning in the stories that you believe are true.
What if you could actually be more successful without selling?
Until now, nearly everyone and everything that you've heard or read about marketing has been aimed at hiding your valuable money-making secret from you.
They've been demonstrating the worst possible way for you to get business -- and suggesting (or insisting) you follow their lead. They've told you to sell, sell, sell... advertise again and again... push hard... and then get up the next day and do it all over again!
Why? Because they didn't know any better. And they didn't know about your secret. But I do. It's so simple you may laugh and be skeptical when you find out what it is.
But I promise you, once you take five minutes to look at what I have to say, you will change your mind about sales and marketing forever... and see how you can easily beat the wrong headed "robo-marketers" of the world at their own game!
Here's the secret:
You'll get more business than you can possibly handle simply by being yourself. And there is an easy to learn method (I've used it myself.) that will allow you to thrive in business -- once you learn it. This "being yourself" method will make you want to throw out all the old methods --that don't work anyway-- permanently!

Happy Labor Day Weekend!!
Why "traditional" marketing doesn't work

Even though the field of advertising, promotion, and public relations has evolved, many businesses keep doing things the old way. They push their message upon their prospects with high frequency campaigns. While these attempts once worked well, their overuse in the markets has diminished the effect.

This technique is used to force customers to remember the product after hearing about it multiple times. This message "pushing" is now just pushing the customer away, alienating them into ignoring you and your product.

Right now, these companies are still using the old methods of advertising, leaving the door wide open for enormous opportunity.
It is important to understand that you deserve happiness. Those who believe that they are not worthy of happiness may subconsciously sabotage their efforts to achieve happiness. If necessary, tell yourself each day that you deserve to be happy and remind yourself what steps you will take to achieve the happiness you desire. Being happy, you can achieve alot more in life then you ever though. Even in sales, have a happy face, it helps to close business.
Tell, don't sell.

If you're like me, you don't want to be sold. You want to be informed and make your own decision. Guess what? Most people feel the same way.

When marketing your services, tell, don't sell. We all want to make intelligent decisions and you can make it easier for your customers to do that by informing them. The more knowledge the customer has about you and what you're doing, the more comfortable they will be working with you.

There's an old adage that says, "An educated consumer is your best customer." There is a reason for this... If you offer the best service and are the best choice, an informed prospect gets to make an intelligent buying decision. You don't need to sell, just tell.
Focus on the goal when cold calling.
Beginners tend to think that cold calling is about making the sale. It's not. It's about getting the chance to make the sale. Specifically, the purpose of a cold call is to set an appointment to make the pitch.

Save our Environment! Go GREEN!!
Research your markets and prospects.

You need to target your cold calling to the right audience. Use market research to focus on your target market. Then find out as much as you possibly can about the company or individual you're going to cold call in advance. This gives you the huge advantage of being able to talk about their business and their needs when you call them.
Prepare an opening statement for your cold call.

This lets you organize your thoughts before cold calling, and helps you avoid common mistakes in the cold call opening that would give the person you're calling the chance to terminate the conversation. For instance, you should never ask, "Is this a good time to talk?" or "How are you today?" Don't read your opening statement into the phone, but use it as a framework to get the conversation off to a good start.
Don’t try to sell the Operator: be polite yet respectfully persistent while finding who the right person to speak with is.
Get an internal transfer: the number will come through as an internal transfer and the person will pick up.
Offer to call back: ask when is convenient for them.
Random names: type in a couple of letters, wait for the system to come back; the system will supply other names and their extensions.
Department directories: listen for all menu choices as other departments provide additional points of entry -- perhaps they might need a solution from your company.
Best times to call: before or after their ‘gatekeeper’ arrives/leaves - execs will pick up their own phone after hours. Or try them on the hour in between meetings.
Make note of the time you were able to reach the person: typically you can reach them again at the same time.
Change the digits: people in the same department have similar extensions; change 1 or 2 of the digits and ask to be referred or for the correct extension.
Get the main number: use the Internet to find other numbers of points of entry.
Make an error in the extension: ‘I was trying to reach x, maybe you can help me, is Tina within eyesight?’ People like to help each other.
Listen to complete message for additional choices, names and numbers.
Build rapport more quickly by teaching yourself to regulate your voice to gently match theirs.
Practice: call yourself and leave a message. How do you sound? Practice until your voice sounds smooth and melodic. Remember people cannot see you they can only hear your voice.
Use your headset: open your mouth wide and carefully pronounce every word. Do not hold the phone on your shoulder as this tenses your throat and makes you talk from one side of your mouth.
Feedback, Feedback, Feedback.

How is it that some people get better prices for the same products? Feedback. The higher your feedback the better prices you will command. You have to be faithful in posting feedback and ask your customers to post feedback for you. If you don't ask, it won't happen.
Call at the right times.


Certain times of the day are more active than others. 6-8 AM, 11-Noon, 5-7 PM, 8-11 PM weekdays--EXCEPT FRIDAY EVENINGS, Saturday mornings and nights, Sunday Noon-10 PM are good times. 12pm-3pm weekdays are nearly dead. Telemarket at the right times of the day to get to the Decision Maker.
USING EMAIL FOR CUSTOMER FEEDBACK

When planning your marketing, don't forget to double-back and "re-market" to the customers who have already purchased products.
For instance, at the end of the month, email all of the customers who placed orders with your company. In the email, thank them for their business and inquire if they were happy about what they purchased from your company. Also, ask them how they would rate your customer service. You will be amazed at the response.
Not only do you begin a dialogue with your customers, but you will obtain some valuable constructive comments about your products and services. Many customers will write with suggestions about how to improve existing products and with ideas on new products to consider. This is a goldmine of information.
Your email will also have a positive impact on your customer. He or she will be thrilled that you took the time to show your interest and appreciation. Think about it: It is indeed very rare when anyone takes the time to ask for your feedback and to pointedly say "thank you." In the era of the "big-box" stores that have taken over the retail landscape, a sincere "thank you" is almost non-existent.
For those customers who do respond, we send a final follow-up email thanking them for the feedback and requesting that they share your website address with family and friends. Most of them will respond that they will do so. Presto! You have a personal dialogue going with that customer.
Best of all, this only takes a matter of minutes and a little staff time. It costs next to nothing and yet the benefits are enormous.
KEEP IT SIMPLE
Just a few words of advice about your email correspondence. Keep your messages brief and to the point -- write only a few short paragraphs.
Your writing style should be upbeat, but professional. Don't sprinkle your copy full of exclamation marks as this has a tendency to look phony! Rather, use strong transitions, dashes, interesting adjectives and crisp writing. Be sure to include all your contact information and a direct hot link to your site.
Consider a closing signature that includes all of the appropriate contact information, and a one-line company description. The idea is to make it as easy as possible for everyone. Following is a sample:
Candace Allen
Puppies and Dogs Galore
http://www.puppiesanddogsgalore.net
"Gifts and Information for Your Dogs and Puppies, Since 1997"
810-555-2325
3467 Sherman Way, Calabasas CA 91276
Ask a friend or two to read your email correspondence to get their constructive advice.
Make sure that you proof your writing carefully as customers will be turned off by poor grammar or spelling errors. Also, keep track of your messages. If you don't, you may end up sending double emails and this will be annoying to the recipients.
Here is an idea about how to use the information that a customer sends you.
If a customer writes you a glowing review of your product and services, then you should consider asking the person if you could quote them on your website. You can create a "Customer Testimonials" page for all of this feedback. Just use first names and the customer location. For example:
"I've shopped at your site for years and love the personalized online service. When I have a question, your staff always contacts me promptly with an answer. Your products are the best and I always feel like a valued customer."
Stephanie
Fairview, Indiana
Wow, what a fantastic endorsement! This deserves to be featured on your site, so don't be shy about asking.
USE YOUR PERSONAL CONTACTS

There is so much information that you can email, but the messages should be targeted to the right audience. Consequently, you will need to develop numerous email lists.
You will certainly have a "personal" email list with a mixture of family, friends, former co-workers, networking pals and social acquaintances. You can send these people newsy emails about your business.
For instance, if your local paper or a trade publication publishes a story about your company, it is the perfect opportunity for you to send an upbeat email to this personal list. Tell everyone briefly about the story, how the person could get a copy of the publication (or better yet, attach a copy) and what it means for your company.
Basically, this email is a chance to toot your own horn and remind everyone that you have a small business and need their support. Include all of your contact information as noted previously. The key is to keep the message informative and short.
At the end of your email include a closer paragraph that says something like, "You can help me spread the good news about my company by forwarding this email message to five or 10 people who would be interested in our puppy and dog product line. I'm sure that you know many people who are canine lovers. Please do this favor for me today."
You don't have to have a story published about you or your company to write this type of email. How about using a milestone as the subject matter -- perhaps you are celebrating your first year in business or the first half-year. Maybe you just made some significant changes to your website or will be showing your products at an expo, convention or show. Whatever the news, share it.
See what happens when you ask everyone you know to forward it to five or ten people (or more). You will soon get the power of email working for you.
Everyone is inundated with so much information each day that you must keep your emails short and to the point. Use humor whenever possible, but avoid going "over the top" or you will lose your audience. Write in an interesting, crisp and professional manner. Make sure that your email has a purpose and that you know what you would like in return from the recipients.
If someone asks to be removed from one of your email lists then do so quickly with no questions asked.

Your email marketing will work best if you have a written plan. This will force you to really think about your email goals and objectives, and the planning will show through to your customers and potential customers.

Have some fun and be creative about how to use email.

Talk to others who run their own businesses to see what has worked for them. Test the waters by writing a plan and then doing several emails to each of your email groups. Gauge reactions and make any changes that will help you be more effective. What are you waiting for....start writing those emails!
Ask Why?

People have all sorts of reasons for not buying or giving an objection, and you shouldn't take "no" personally. The more you can put your ego aside and gracefully accept the refusal, the more you learn from the experience. So, assume for the time being that you've been turned down and your business with this person is done. Make it clear that you've accepted the reply. If you're no longer trying to sell him, you and the buyer will be in a more neutral territory, and you'll have easier time getting information that will help you. Begin by saying that you appreciate the time he's given you and ask if he would be willing to take just a few more minutes to talk about why he isn't interested. Explain that the information will be helpful to you in your job and you'd be thankful for the feedback.
You might not get a straight answer initially, because people are often uncomfortable with having said no and want to get out of the situation as soon as possible. They're likely to offer a pat answer about price or prior loyalty, but if you probe a bit you might find your way to a more substantial reply
"They're likely to offer a pat answer about price or prior loyalty, but if you probe a bit you might find your way to a more substantial reply"
Art Post

You know Art, the answer, I think, is likely in the last sentence of your sales tip. Far too many reps don't "peel the onion". Pat questions that receive pat answers to put together a pat proposal.

Einstein once said that the definition of insanity...
doing the same thing over and over again and expecting different results.
And yet most reps do exactly that
Tips to Help Your Telemarketing Campaign

The first few seconds are crucial
Just like you would when writing a sales letter or press release, you should fill the first few seconds with as many key words and phrases as possible to gain an immediate interest from the customer.

You may only get a chance to get out two or three sentences before the customer stops you to say they have no interest, so make them count.

Don't assume they need something - this is very off putting. Instead, ask the question and explain how you can help.


However you start your telemarketing call, be sure that it will get their attention and interest as quickly as possible: letting the phone call drag is wasting their time and especially yours.
tell them who you are, what you do, give a value statement (WIIFM), ask for appt. and give them a way out if they don't want to take the next step.

Good morning Mr/Mrs/Ms CFO, my name is Neal Petermann and I specialize in working with Chief Financial Officers, helping them to evaluate and contain costs associated with the producing and managing of documents. I recently help Mr. CFO with XYZ and was able to help them reduce costs for producing documents by 35% while at the same time improving work flow productivity by 60%.
I'd like to meet with you, share with you some industry trends and talk to you more of how I believe I can help XYZ company achieve similar results. Ourinitial appt. will last only 30 minutes and if after that time you find enough value in what I've presented to take the next step, great! If not, that's fine too, we'll simply shake hands and perhaps partner inthe future.
I am currently setting my schedule for (2 weeks in advance) would this day and time be good for you?

my 2cents worth
Rules of thumb...sell nothing but the need for an appointment on a phone call or initial call.

Also never "sell" during your fact-finding for several reasons:
1.) The fact-finding process gets interrupted or stopped.
2.) You come across like a dog salivating over fresh meat.
3.) You tip your hand and lose some of the thunder you will get from your proposal.
4.) You inspire additional questions and thought processes that the prospect will then discuss with competitors.
5.) You may be "selling" based on the wrong conclusion. Try to resist making proposal decisions until the fact-finding is over and you have had a chance to think things through.
6.) Oftentimes, the perceived need is only a small part of a much larger problem that may only become clear (to you and the prospect) after complete fact-finding.
Don't Go Blank - Use Notes

Stick notes to your desk, phone or wall to help 'jog' your memory for persuasive words, phrases, discussion areas, etc. There is nothing worse than pausing to collect your thoughts and comments when trying to sell over the phone: be ready to reply to anything.
Avoid Insulting the Customer
Obvious, right? Well, people do it without even realizing by using comments like "did you understand that?" and "are you following what I'm saying?". This automatically shrinks the customers' intelligence and ability to catch on. It is down to your own ability to make the customer understand and therefore if you feel the customer is failing to do so, use comments such as "did I explain that clearly" and so on.
Avoid Insulting the Customer

Obvious, right? Well, people do it without even realizing by using comments like "did you understand that?" and "are you following what I'm saying?". This automatically shrinks the customers' intelligence and ability to catch on. It is down to your own ability to make the customer understand and therefore if you feel the customer is failing to do so, use comments such as "did I explain that clearly" and so on.
Sales reminder >> Be sure to regularly check back with prospects that in the past have told you "it's not in the budget" – "we don't do that" – "we're/ I'm happy with our current supplier."

Budget allocations change. People leave. Trends dissolve. Customer service falters.

Opportunities once bleak become fresh again.

Be tenacious. Assume nothing. Just sell.
stress on the benefits on your sales copy. The buyers will definitely think of what is in the product or service will do for them. Therefore, by high lighting more benefits, the greater possibility you are going to catch the interest of the buyers.
To come up with great benefits in order for you to tell your visitors, you should think deeper rather than just common benefits like thousands of other websites stress on their sales copy such as save time, save money, easy to use, and others. On the other hand, you must create benefits that are unique and one of a kind that makes what you are selling is a must have product or service.
You also should write these benefits in the bullet points for your sales copy so that your visitors can quickly see and read them.
Apply the KISS or Keep It Simple and Short factor. Using simple, easy, regularly used selling words and phrases can create better and more effective sales copy as it is easy to understand than the complicated one. Words such as new, amazing, value, and others are some of the examples commonly used to describe the benefits of the product or service that you sell and promote.
Essential for your sales copy is to understand your own selling product or service. If you understand the ins and outs of the product and service, you can reply easily to any queries from your potential buyers concerning your business. If you can reply to them satisfactorily, it also can build up the buyers’ trust on you as well as your reliability which is one of the most important factors to succeed in the internet business and make money on-line.
A sales copy that is briefly, easily, and accurately explain and define the product or service can generate you more sales too. However, always be honest when you describe your product or service and do not tell something that does not exist or else it will ruin your credibility and business fast.
Create the USP or unique sales proposition (USP) for your product or service that underline your competitive advantage and let the buyers know why they should purchase from you instead of from other sellers. Testimonials are the best way to explain why your product or service is greatest choice.
Art Post (Guest) posted:

"Call me after the Holidays" is Here but Your Business Doesn't Stop!

Thanksgiving is early this year, extending the holiday season byabout a week. But just because business (decision-making) slowsfrom Thanksgiving to New Year's Day, doesn't mean that youshould stop marketing.

In fact, with the right attitude, you can use the month of Decemberto be ready to get back to work on Jan. 2, a time when many of your competitors are just starting to think about setting those sales calls.

It may seem that the most frequent words you'll hear on the phoneright now are, "Call me after the holidays." Don't let it frustrate you.Try this rebuttal: "My calendar fills up pretty quickly. Why don't we set a tentative appointment now for January? Do you have your calendar in front of you?"

Tentative is a great word, because it won't make your prospect feel asif they are making a hard and fast commitment. Always ask theprospect to take out their calendar. It makes it much more likely that they will agree to an appointment.

Remember, any appointment you make now will make it a little easierto get back into the swing of things in January when the holidays are over.

13 Ways to Respond to the "Call Me After the Holidays" Objection  

Written by Aja Frost | @ajavuu 

Calling prospects in the last few weeks of Q4 means you’ll hear a season-specific objection: “Can you call me back in the new year?” 

There are three potential reasons you’ll hear this line. 

First, your prospect might be interested in learning more but has a legitimate reason to postpone your conversation. Maybe he’s already used up his budget, his team or department is still finalizing next year’s strategy, or he needs to review his current vendor before deciding whether to stay or switch. 

Along similar lines, holiday conflicts may be getting in the way. He’s focused on tying up loose ends before he goes on vacation, or a coworker he’d need approval from is gone. 

Lastly, the buyer may be blowing you off. He’s hoping you’ll forget about him. If you reach out again in January, he’ll give you another excuse. 

It doesn’t matter what the reason is -- don’t say you’ll call back in January and hang up. You’ll end the call without providing any value or learning new information. 

These 13 alternative responses will help you figure out why the buyer is delaying and potentially overcome his reluctance to talk. 

If They Object During the First Connect 

If a prospect asks you to call back without knowing anything about who you are, what you do, and how you can help, he's probably hoping you’ll hang up and never call back. Show him you’re worth his time and pique his interest with an insightful question or suggestion. 

1) “Do you have five minutes now to discuss your [goals for X, current approach toward Y, strategy for Z]? If I don’t think we can help, you won’t have to worry about me chasing you in January. If we can help and the timing would be better then, I’ll call back.” 

This response shows you’re trying to determine mutual fit. Knowing you’re not trying to sell him right then and there will put the buyer at ease, making him likelier to agree to spend a little longer on the phone. Earn more credibility with a few relevant questions grounded in research and you might wrap up the conversation by scheduling another meeting. 

2) “If your company is like mine, it won’t be this quiet until next December. This might be a great opportunity to talk about your needs.” 

Most prospects aren’t enthusiastic about starting a new project in December -- they want to finish their existing work and get out of the office. To change the buyer's mind, point out it’s actually an ideal time to speak with you: Most companies have wrapped up major projects, so he can focus on the conversation without the usual interruptions and distractions. 

In addition, remind him that it’s better to start planning now and begin the new year with some irons already in the fire rather than scrambling in January -- initiative his boss will appreciate as well. 

3) “I understand. How has [recent trigger event] impacted your workload?” 

Asking about a compelling event immediately gives you credibility and shows the buyer you’ve done your research. He’ll feel obligated to respond -- and once he’s given you some context, follow up with something along the lines of: 

“Many of my clients experience similar [issues, bottlenecks]. I have some ideas for dealing with them. Would you like to hear those?” 

4) “I’m going to develop a few suggestions for [prospect’s company] around [likely challenge] before our next conversation. Would you mind answering a few questions to ensure I’m coming up with relevant recommendations?” 

Once you’ve engaged the buyer in a meaningful dialogue, you may find he's no longer eager to hang up. But even if you only gather a few key details before your prospect says he needs to go, you’ll be better prepared for the next conversation. 

5) “I can certainly call you back in January, but I won’t be able to fully enjoy the holiday knowing [prospect’s company] hasn’t made any progress on [pain point]. To ease my mind, can I offer you a few suggestions on solving [pain point]?” 

A tongue-in-cheek answer will catch the buyer off-guard in a good way, making him more receptive to your offer. And once you’ve proven your expertise, your prospect will likely be eager to hear more. 

Make sure you don’t launch into your sales pitch: You’ll lose all the goodwill you just generated. 

6) “Are you free on [specific date and time]?” 

If the buyer presents a valid reason for waiting until January, don’t keep pushing. Lock down a firm date for your follow-up call instead -- and consider assigning some homework. If the prospect completes a mutually beneficial task before your next meeting (like outlining his current process or reading a blog post), he’ll be more invested in the deal. You won’t have trouble picking things back up in the new year. 

This question also comes in handy when you suspect your prospect is putting you off. If he becomes flustered or avoids committing to another conversation, transition to another one of the suggested connect call responses (like #1 or #3). 

If They Object After the Discovery Call 

At this stage of the sales conversation, you’ve learned about the buyer’s challenges and situation -- but he's still in the dark about how your product can help. To secure a next meeting, remind him why taking action is important. 

1) “If we wait until next quarter to solve [issue], you’ll [lose X amount per day, fall behind in Y, decrease your yearly revenue by Z percent]. Will that have a significant impact on your business?” 

Put your prospect’s potential losses at the top of his mind. He’ll instantly be more motivated to stay on the line. 

2) “If you wait until next quarter to do X, you’ll miss [opportunity]. Would capitalizing on [opportunity] significantly affect your [company, team, career]?” 

If your prospect typically talks about seizing opportunities rather than fixing problems, use the same approach as question #1, but with a positive twist. He’s probably more motivated by progress and visions of a better future than FUD (Fear, Uncertainty, and Doubt) tactics. 

3) “[Prospect name], are you still hoping to accomplish X by [date]? Meeting that deadline will be impossible if we wait until January.” 

Have you established a date by which the buyer needs to act? Alert him to the dangers of delaying. He'll see his goal slipping out of sight -- unless he takes action now. 

If They Object After the Demo or Presentation 

Most objections that arise during this stage concern features or pricing. If the buyer is asking you to call back next month, one of four things has happened: 

  1. He's just gotten new information that significantly changes his situation. 
  1. He's decided the product isn’t a good fit but wants to avoid telling you ‘no.’ 
  1. He's unintentionally held back crucial details. 
  1. He's still considering other vendors or digesting what he learned during your presentation (which usually means you didn’t incite enough urgency). 

To figure out whether you should give up on a deal or keep trying, probe into the reason for the delay or test his interest with new information. 

1) “Yes, I can call back. So I have the necessary context, how will your situation be different in January?” 

This question helps you figure out whether the buyer has a genuine reason for postponing your conversation. If he says he’s interested in buying but doesn’t have any budget left, ask him to commit now and offer to back-date the contract. 

If his circumstances will look significantly different in January, use that information to suggest next steps. As an example, a new executive is coming in and your contact isn’t sure how she’ll shake things up. You might reply, “I recently worked with a customer in the same position -- we developed a proposal she gave to the new leader in their first week. Not only did she make a great first impression, her department got twice as much funding as the year before. Is that something you’d be interested in doing?” 

If your prospect doesn’t have a convincing justification, think about moving on. You want to spend January mapping out your sales plan for the rest of the year, not pestering lukewarm leads. 

2) “Why did you wait to raise this objection?” 

At this point, you’ve both invested significant time and resources into advancing the deal to this stage. You’re justified in calling him out for the unexpected delay. 

However, not all prospects will respond well to such a direct style. If the buyer tends to avoid conflict, asking this question may permanently damage the relationship. 

Here are two softer versions: 

“Could you help me understand why you’re questioning the timing of the deal [now, so late in the process]? This information may change my recommendations.” 

“Last time we spoke, you said [you’d do X, you’d have an answer, relevant event would happen] by [date]. Is that no longer the case?”  

3) “I don’t want to spend more of your time -- or mine -- if you’re not interested. Do you see [product] as a potential fit for [prospect’s company], or do I have permission to close your file?” 

Being straightforward encourages your prospect to be honest as well. Whether he's decided on a different course or simply needed a little push, you’ll get the answer you need to determine your next step. 

4) “As a heads up, we’re offering [discount/promotion] -- but only until the end of the year.” 

If you’re following up with a good-fit prospect or someone who’s gone dark, a time-sensitive promotion can help incite some much-needed urgency. 

Steer clear of this tactic if you’re reaching out to a buyer for the first time. You’re lacking crucial information about his needs and timeline, not to mention his awareness of the problem in the first place. Prematurely offering discounts can also weaken your negotiating position from the get-go, lessen your product’s perceived value, and make you seem too eager to close. 

With these 13 responses up your sleeve, you won’t be stumped by requests to call back in the new year. 

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