Monday, February 28, 2011

Schiffman's "Telesales"

To succeed in sales, simply talk to lots of people every day.
And here's what's exciting- there are lots of people!
-Jim Rohn 

Everyone lives by selling something.
-Robert Louis Stevenson

Every sale has five basic obstacles:
no need, no money, no hurry, no desire, no trust.
-Zig Ziglar

I finally started reading this great book. It contains invaluable information useful to anyone who would like to succeed in our field. I highly recommend you read it for yourselves. I will do my best to summarize it, chapter by chapter. 

Chapter 2  - Typical Day

How many sales will I have over the next 90 days, if I change nothing in my current sales approach?

I have made up my mind to talk to at least 10 Decision Makers while making 100 calls/day.

Chapter 4 

Know my numbers! Schiffman recommeds keeping track of the following:

Dials
Discussions
Presentations
Sales

He also recommends I tape at least one call in the morning, one in the afternoon and one before I go home.

Chapter 5  - Five Ways to Increase My Income

1.  Double the number of contacts with decision makers
2.  Double the number of presentations
3.  Increase percentage of sales (from 1/10 to 2/10)
4.  Double value of sale
5.  Double the number of calls

Chapter 6 - Little Things Mean a Lot

Think of the last time I made a recommendation to a prospect or a customer that did not result in a sale. Identify at least three things that, in hindsight, I believe I could have done better. 
Chapter 7 - My Golf Grip

Set a New Income Goal

(Below is mine)

"By May 2nd, 2011, I will earn at least $100 in commission by increasing my phone sales effectivness and developing more satisfied customers." 

Also, write down 10 benefits that would result when you reach your income goal. 

Chapter 8 - Closing and its Hazards

It is VITAL to find out the following:
  • What the prospect does
  • How they do it
  • Why they do it
  • When they do it
  • Where they do it
  • Who they do it with
  • How we can help them do it better
Don't just focus on "closing the sale." Rather focus on learning as much as possible about the prospect.

The "Close" is really the "Use"

Chapter 9 - The Four Steps in Phone Sales

[Greeting/Hello] ---------- R1 [ I/V2---P-----C]
 
Critical Point 1 = Get past the initial negative response
Critical Point 2 = Verify information to close on presentation

The first obstacle keeping me from progressing to step two is the initial negative response.

Chapter 10 - Understand My Numbers and Improve Them

I make at least 100 calls/day, so that means I make 30,000 calls per year (if I work 300 days/year)

Chapter 11 - Move Forward in the Sales Process

Step 1 - Open/Qualify 
Step 2 - Information Stage 
Step 3 - Presentation Stage
Step 4 - Close the Sale

The only way to move from step 1 to 2 is to overcome the initial negative response (such as "Not interested" or "I'm all set."

Chapter 12 - Define Prospects Accurately

Review "top prospects" and their movement through the Sales Process

(stay tuned for more....)
 









Tuesday, February 8, 2011

"25 Sales Habits..." by Schiffman

It is possible to fail in many ways...while to succeed is possible only in one way.
Aristotle (384 BC - 322 BC), Nichomachean Ethics
I don't know the key to success, but the key to failure is trying to please everybody.
Bill Cosby (1937 - )
Success isn't permanent, and failure isn't fatal.
Mike Ditka (1939 - )
 
 
1. One - Communicating the message that it is sound business to trust you
Don't cut corners at the expense of your own credibility-it's one of your most powerful weapons. You're not in the business of attracting suckers; you are in the business of building mutually beneficial long-term partnerships.

2. Two - Asking the right questions
Ease in with simple questions that get the prospect talking about himself, then move on to the Past, the Present, and the Future-complementing each with Why and How. Use "middle-ground" questions where appropriate, but beware of over-reliance on them. You must take the responsibility of keeping the cycle moving forward.

3. Three - Taking the lead
Tell the prospect where you are at any given point in the sales cycle. Don't be afraid to steer the conversation in the direction you want it to go. If there are questions or problems, you'll hear about them - and that's what you want! When in doubt, take the initiative in a calm, professional manner.

4. Four - Engaging the prospect
Don't play ping-pong - work from the unique set of verbal cues your prospect will supply. Discuss that with which you are comfortable and familiar....show care by really caring.(edited a bit since he assumes you will be meeting the prospect)

5. Five - Finding the key requirements 
"Find a need and fill it" has its limits. For most of us, the day of relying exclusively or primarily on first-time customers has passed. Find requirements you can fill among those sought-after, qualified buyers who know full well that the choice is theirs.

6. Six - Converting the leads that "fall into your lap"
The Sale You Deserve? Maybe. But take the time to establish a relationship and find out what's going on. Then ask to set up an appointment. Don't assume you've got a "sure thing!"

7. Seven - Knowing how to make your product or service fit somewhere else
Does what you sell work in only one way? Or can you adjust it, make it serve some new purpose or function? Can you present it in a different light, or to a different group of people?

8. Eight - Pretending you're a consultant (because you are)
Don't improvise. If you need to take time out to come up with a workable solution, do so. Solving problems is the name of the game-and you have to listen before you can come up with a solution.

9. Nine - Asking for the next appointment (while you're on the first visit)
Perhaps the simplest, easiest-to-follow price of advice in this book. Don't make excuses - make appointments.

10. Ten - Taking Notes
Taking notes during your meeting with the prospect helps you listen, puts you in a position of authority, encouraged your prospect to open up, and sends positive signals.

11. Eleven - Creating a plan with each new prospect 
It may be route to you, but the prospect has never gone through the sales cycle with you before. Produce a customized, written plan based on your notes from early meetings. Remember, you're the doctor - don't rush the diagnosis!

12. Twelve - Asking for referrals
Don't be shy - you can't afford it. Referrals are the life blood of a successful career in sales....Say :I'm willing to bet there are people in your (industry, area, related businesses) who could benefit form my talking to them about this (product/service). Do you know of five people I could talk to?"

13. Thirteen - Showing enthusiasm
Talk up your company - and remember that there is a difference between enthusiasm and poorly disguised panic. Enthusiasm builds bridges; panic tears them down.

14. Fourteen - Giving yourself approproate credit
Talk about yourself - but be humble. (No, the two are not mutually exclusive.) Convey success, confidence, and flexibility. Highlight past successes, but don't try to one-up the prospect. Try to exhibit the characteristics of a person who makes things happen.

15. Fifteen - Telling the truth (it's much easier to remember)
We tell, on average, 200 lies every day! Well, social conventions and pleasantries are one thing - misleading the prospect about your ability to meet a deadline is quite another. Remember, your credibility is a precious asset; defend it!

16. Sixteen - Selling yourself on yourself
Motivate yourself! Avoid the radio during your morning commute; listen to motivational tapes instead. Be specific with your goals - and your rewards. Get positive reinforcement. Get outside. Leave yourself notes. Keep things in perspective. 

17. Seventeen - Starting early
There is a world before 9 AM! You can beat the secretary trap, ease your commute, reduce your aggravation, and improve your attitude by making it in an hour or so before everyone else does. It may sound tough - try it anyway. You'll be a convert before you know it.

18. Eighteen - Reading industry publications (yours and your clients')
Trade journals and newsletters are invaluable date sources; read them. These publications are fertile sources of leads, industry gossip, and all manner of important inside stuff - take advantage of them!

19. Nineteen - Supporting your visit the next day
Call or write your prospect the day after your visit (or in our case - phone call). The vast majority of people who mean to do this never actually get around to it; build this step into your schedule!

20. Twenty - Giving speeches to business and civic groups
You will benefit tremendously form the boost in confidence your receive from being treated as an expert in your field (which you are); in addition, an average of one out of every ten audience members will seek you out to ask about your services.

21. Twenty-one - Passing along opportunity when appropriate 
What goes around, comes around. being a part of the "grapevine" is a wise decision - one I've never hard any salesperson regret making.

22. Twenty-two - Taking responsbility for presentation that go haywire
Rejected? Try this: "Mr. Jones, I just don't understand....I must have made a mistake in my presentation for you to decide it this way. I know we can help you. can you help me and show me where things went wrong?"
You may have to put aside the common fixation with being "right" - but, then again would your rather be "right," or close a sale?

23. Twenty-three - Being honest with youself about the nature of the firm you work for
If you have to choose between fighting a losing battle for losing generals and finding another army, find another army. Don't rationalize.

24. Twenty-four - Telling everyone you meet who you work for and what you sell
Why not make a point of broadcasting your profession to anyone and everyone - with pride? This is not the same as subjecting everyone you meet to a sales pitch! Simply pass along your name, profession, and company affiliation to every new person you meet.

25. Twenty-five - Keeping your sense of humor
It can be tough to be a salesperson sometimes - but that's exactly why sales work has to be funny now and then! Lighten up - and remember, success couldn't happen to a nice person.

Here is what I've been working on this past week
  • Utilizing Facebook to generate leads and to keep my current customers updated
    • I do not mix business with pleasure..what I mean by that is I do not post outrageous things about my personal life along with in-appropriate photos of myself (you get the hint!)
  • Leaving Voicemails - I keep it as short as can be: "My name is Marty. I am calling regarding your business. Give me a call at ____." The shorter the better. Google Voice also helps. I cannot stress how valuable this has been. I am getting about 2 call back a day by leaving this short number and then calling people back from my work number. (Just Google it!)
  • Utilizing Chamber of Commerce to look up members - for examples I Google: "Small Business Chamber, City State." A lot of the time, the Decision Maker's name and phone number will be posted up there along with what kind of business it is. Use with caution though, sometimes it is outdated (much like BBB).
Stay Tuned - I am about to read my 4th Schiffman Book - "Telesales" and summarize the key points.

Wednesday, February 2, 2011

"25 Sales Habits of Highly Successful People" by Stephan Schiffman

 Herman Cain  (American business man, author and speaker)

"25 Sales Habits of Highly Successful People" 
Schiffman

  1. Communicate The Message That It’s Sound Business To Trust You.
  2. Asking The Right Question
  3. Taking The Lead
  4. Engaging The Prospect
  5. Finding Key Requirements
  6. Converting The Leads That Fall Into Your Lap
  7. Knowing How To Make Your Product Or Service Fit Somewhere Else
  8. Pretending You’re A Consultant (because you are)
  9. Asking For The Next Appointment, While You’re On The First Visit
  10. Taking Notes
  11. Creating A Plan With Each New Prospect
  12. Asking For Referrals
  13. Showing Enthusiasm
  14. Giving Yourself Appropriate Credit
  15. Telling The Truth
  16. Selling Yourself On Yourself
  17. Starting Early
  18. Reading Industry Publications
  19. Supporting Your Visit The Next Day
  20. Giving Speeches To Business And Civic Groups
  21. Passing Along Opportunity When It’s Appropriate
  22. Taking Responsibility For Presentations That Go Haywire
  23. Being Honest With Yourself About The Nature Of The Firm You Work For
  24. Telling Everyone You Meet Who You Work For And What You Sell
  25. Keeping Your Sense Of Humor
Here is the latest updates on what I've been doing to generate prospective leads.
  • Google Maps - I find a city and industry and just go with it
  • Better Business Bureau - usually they work but do a bit of research before you call. The info provided is only accurate IF the business is registered with the BBB 
  • Small Business Chamber - I was able to obtain a list of members/businesses 
I am also subscribed to Google Alerts and Google Buzz (Search Engine Land). By doing so I try to constantly stay ahead of what's new in search. Because the more I know, the more I can educate my customers.

Here is just a sample of Google Alerts:
Google claims Microsoft's Bing uses its web search results
Inquirer
By Lawrence Latif ADVERTISING BROKER Google claims that Microsoft's Bing search engine is using Google's search results to answer queries. ...

Knowing The Real Importance Of Search Engine Optimization In ...
If you are running an internet marketing campaign or are about to start on a Net marketing campaign, one concept you cannot afford to skimp on is a.


The Best Search engine optimization Tips For Website Owners to ...
In the world of Search Marketing who knows a lot of since there's always new stuff to understand. This also is a great factor just like a place that i.

Tips for Local Search Engine Marketing
This is a key element in optimizing local search engines and increasing internet marketing. A business listing along with a company profile will help to ...

And here is the latest "drama" and exchange of words between Google and Bing:


sengineland: Bing: ‘We Do Not Copy Results. Period.’ http://selnd.com/ejaG6U

sengineland: Bing’s Search Results Are A ‘Cheap Imitation’, Google Says http://selnd.com/eWDHoW
 
And some other cool things from SEL.

sengineland: 6 Tactics That May Put You At Risk Of Being Banned From AdWords http://selnd.com/igWEMW

 
Coming up soon...the 24 Habits Explained..Stay Tuned