Tag Archives: Sales

Sales Coaching – Investing in Your Business

Selling is truly a wonderful profession. If approached ethically, constructively and helpfully, you’ll see the dramatical increase in every aspect of your business. Fortunately, much sales development theories take this positive direction. ‘How to sell’ is a wide subject, which covers a wide range of selling methods and theories, models and strategies.

Techniques in selling have all been effective at some stage. Many selling ideas are still widely used. Just think about what you are selling and the market that you’re selling into, the people you meet in the selling process and and you’ll find what will help you sell better. However, if you are managing sales people, the best results generally come if you allow sales people to work to their strengths and in a way that is natural to them.

The profit, gained by a company is mainly determined by its members’ relations with clients. That’s why successful and professional businessmen should focus their attempts on better understanding customers’ needs, this way enhancing the communication with clients and providing good feedback. By improving interactions with clients with the means of effective sales coaching programs, you will be able to strengthen the relations between clients and the members of your business.

Every day may bring new sales techniques. That’s why sales coaching and selling methods are continually developing. The efficiency of your sales depends on various interrelated factors, which must be included in the sales training session in order to gain only successful results at every level of your trade. The efficiency and the skills of your business members, the ability of your company to explore new sales opportunities, as well as the ability to close potential sales are the key factors of your business growth. Moreover, a proper customer relationship management maintains the clients’ interest in the products or services you offer.

Regardless of your business reach success, there is still a room for improvement! Research shows, that right after following a set of effective sales coaching programs, a wide range of different businesses have been able to see an increase of their profits by up to 40 percent! That’s why sales coaching courses are recommended for all business owners. If you wish to enhance the efficiency of your company, just have a look at sales coaching.

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If I Only Had a List – I Could Increase Sales

Do you remember the Wizard of Oz? In that childhood classic The Tin Man laments how things would be different if…he only had a heart. The Scarecrow wants a brain, and The Cowardly Lion wants courage. Do you recall what happened when Dorothy and her band of motley buddies peaked behind the curtain in Emerald City and saw the great Wizard of Oz?

Each lovable character came to realize they had the very thing they wanted most within themselves they just couldn’t see it. What does this wonderful story have to do with you? There a lot of parallels.

When I was a little girl I kind of liked the Wizard of Oz and I kind of didn’t like it because it was so very scary. Remember how the terrible tornado rips Dorothy and Toto from her loving family. Remember those horrific flying monkeys and that venomous Wicked Witch? As a child these things were scary to me because I felt helpless over what would happen next, and I didn’t understand a lot of what was happening. I watched it several times as I grew up before I even realized it was all just a bad dream.

As an insurance producer you lament if…I only had leads. You know you can’t sell unless you have people to talk to. You’re frustrated as to how to get those people to talk to so you do things like buy leads lists, and then you’re even more frustrated when you’re able to capitalize on no more than a tiny few of those leads. In the process you’ve burned through a lot of good prospects who will now never work with you because of the bad first impression you’ve made.

As an insurance producer you have to muster up a lot of courage to do the things you do. You have courage or you would never have entered the industry, and you wouldn’t be in the industry now without courage. However, your courage will strengthen and you’ll need to use it far less when you focus on the way you secure your leads and how you handle them.

This is where you’re brain comes in to play. You are a very intelligent person. Even though you may be acting like the bewildered little girl I was when watching the Wizard of Oz. The best and only way to develop a highly profitable leads list is to build it yourself. Having your own highly proprietary leads list is your most valuable asset.

This is relatively easy to do once you know who you want on your list. From that point you simply develop a way for those people to reach out to you, and then you give them what they want. It really is that easy and it will cost very little to develop a list of people who will buy from you in comparison to a purchased list of worthless leads.

You got into the insurance industry because of your heart. You know what you do is very important to your clients and their future. So why would you or do you ever treat them in a manipulative or coercive way? The way you treat people from the first connection determines the outcome of that connection.

After all, isn’t your main objective to discover who really needs you and what they need? This requires you use both your heart and your brain. Your heart is what drives you to learn about your prospect and understand what’s happening with them. Your brain takes what they’ve told you and helps you to help them see a better future.

It doesn’t take much courage to behave in way that benefits someone else. It doesn’t take much courage to treat others with kindness, respect, and dignity. But when you treat your prospects with kindness, respect and dignity you earn a position of trust and you increase sales because your heart, brain, and courage are working together to serve both you and your prospects in a way that starts your relationship off on the right foot.

So how do you use your brain to build that highly proprietary leads list? First, clearly identify who you want to work with in as much detail as you can possibly come up with. Do your homework and learn more about these prospects than you know now, and make sure you know the top three things they’re having problems with or want. Provide useful information to them for free in exchange for their contact information.

Use this information as your driver in all your marketing efforts. As people ask for the information you build your list. Continue to build your list forever. Make sure your using your heart when you make your initial contact so you start right to end right.

This may sound like a lot of work to you especially if you don’t specifically know how to do these things. You’re smart enough to know in both your brain and your heart you can’t buy this as a prepackaged deal and have it work out all that well for you. You can work with someone like a coach who can help you do these things specifically for your business based on what you want to accomplish and then get a payoff from that work forever. What are your heart and your brain telling you to do now? Do you have the courage to take that action? If you did would you save more time and money than your investing now in the things that don’t work?

Yes, now you can discover the “7 Secrets” to increase your insurance sales [http://increasesalescoach.com/increase-insurance-sales]

Turn yourself into a Sales Genie [http://increasesalescoach.com/marketing-article]

Increase Sales Coach Gets Results Sales Training Can’t BECAUSE it’s never just a sales issue

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Increase Sales by Not Talking Yourself Out of Sales

The more you talk. The longer you talk. The more likely you are to talk your way out of a sale. As you speak you’re unwittingly laying little land mines for yourself that blow the whole deal.

You’re so excited about what you do and how you do and what it does for your clients you can’t wait to tell anyone who will listen all about it. Your passion and enthusiasm are a good thing. However, you can be just as passionate and just enthusiastic and actually say very little.

Your sales success is directly proportional to the amount of time the prospect does the talking. Your job is predominantly to keep the conversation going rather than talking. You talk because you’re afraid to give up control of the conversation.

Talking isn’t maintaining control of the conversation it’s a means for you to manipulate the conversation in a way you think best serves you. The prospect is fully aware of this and disengages quickly. The longer you talk the more the prospects defenses go on high alert and they simply close down and stop listening to you at all. They’re only thinking about how they can get rid of you as quickly as possible.

Even when you don’t make the fatal mistake of using a presentation for one-on-one or one-on-two conversations, you still speak in presentation bursts rather than holding a real conversation. The problem with speaking in presentation bursts is the minute you’re off target with what the prospect is thinking about or cares about you’ve lost them. You’re gambling you’ve got it right. Risky business!

During a first meeting you’re tempted to get yourself to a point where you can tell the prospect about what you do, and you might use a similar client as a way to open the conversation.

So you might say, “Jane I’ve been working with another business owner in your same industry who was having trouble meeting their sales goals. The reasons they were struggling include: poor communication with and among the sales force, a limited number of internal experts with product knowledge, and a fast changing product line. When this business owner needed to communicate with his sales people he needed to do so fast plus he needed a way to provide on-demand training getting the sales people up to speed on the new products or changes in existing products. My company provided him with those capabilities. As a result their sales increased, they had fewer customer complaints, and lower costs. Tell me about your business situation.”

Blah, blah, blah if you didn’t hit the right problem Jane is hoping you’re going to shut up so she can get rid of you. While this whole spiel may have impressed you it left Jane cold. Jane like every other person on the planet has one person she’s concerned with, Jane.

Rather than telling your story in this ridiculously long block of dialogue you could have accomplished the same thing and had Jane right there with you actually listening intently to what you were saying. All you had to do was start with a genuine question.

You can’t help anyone or sell anyone until you understand what’s going on with them now. So instead of puking on Jane you could have simply asked, “Jane can you tell me a little about your current situation?” Jane granted you an appointment. She wouldn’t have done so if she didn’t have at least some concern in relation to what you do, so let her tell you about what’s going on with her and her company.

Jane only cares that you’ve helped someone else with the same problems after she’s decided she has at least some interest in moving forward. She may think there isn’t a solution to this problem because she’s tried other things and they didn’t work. If that’s the case, then you can share how her situation reminds you of a similar client’s story. When you share this story tell it in small bites allowing Jane to ask you to tell her more.

If Jane doesn’t ask questions you immediately know you’re off target. The only way to get back on track is to ask another question that will help you understand what’s going on with Jane. Your objective is to understand what Jane needs.

When you can share a client story you’re doing two things. You’re helping to build the prospects desire for a solution that they didn’t have before because they didn’t think there was one. Plus you’re providing proof and overcoming the objection “I don’t think this will work or I don’t think this will work for me.”

The reason it’s so easy to increase sales by talking less is you allow the prospect to think through their situation and discover on their own why they need your solution. As Ben Franklin says the best ideas are the ones you think are your own. Haven’t you found this to be true?

Yes, now you can discover the “7 Secrets” [http://increasesalescoach.com/]

Ladies, you’re destined to be a Sales Genie [http://increasesalescoach.com/sales-coaching-for-women]

Increase Sales Coach Gets Results Sales Training Can’t BECAUSE it’s never just a sales issue

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Winning Sales Coaches Don’t Manage

How would you like to coach a team that wins at the sales game like top-ranked teams win in the NBA, NFL, and NHL?

Why wouldn’t you? Who’s better at producing consistent winning efforts than professional sports teams?

Business?
Education?
Government?
Science?
You gotta be kidding!

Professional sports teams excel where business, education, government and science fail because professional sports teams invest in developing extraordinary coaches who develop extraordinary players.

And there’s a nugget of truth that ought to excite even the most jaded sales manager . . . don’t you think? If an extraordinary coach in the NFL can develop extraordinary players, why can’t you?
It’s no accident that successful professional teams win off-field before they ever win on-field. No team reaches the NBA playoffs, plays in the Super Bowl, or wins the Stanley Cup simply because it pays big bucks for talented athletes. To make it to the top of its sport, a winning team, like a winning business, has to play well in every facet of its operations or lose.

Don’t you agree that it’s tough in field sales these days? In fact, it may well be tougher today than ever before in recent history. You and your sales force work your hearts out, day in and day out, struggling against determined competitors to sell your products and services to prospects and customers who demand the impossible: low prices, discounted financing and instant, top-notch service.

How can you rise above the fray, how can you set yourself and your sales team apart from your competitors, and how can you achieve the consistent success you so richly deserve?
Simple . . . you need to find new business models, new strategies and new tactics to cope with these challenges.

Where can you find these new business models, strategies and tactics?

Like we said before . . . look no farther than professional sports teams.

When you compare the way business plays the sales game to the way professional sports teams play their games, you discover some interesting dichotomies.

First and foremost, business does not demand the best from its greatest asset: sales professionals. Because business doesn’t hold individual sales professionals accountable for their failures to perform, when you evaluate the win/loss record of the typical sales team in any company, large, medium, or small, you find it consistently loses many more sales than it wins . . . usually at a rate of about ten to one.

If you applied this win/loss record to the National Football League, which plays 18 to 20 regular season games a year, the typical NFL team would win 2 games a season.

Unlike professional sports coaches, sales managers typically stay out of the action on the sales playing field because they’re too busy sitting behind their desks managing the administrative affairs of the sales department. How can the average sales manager get in the sales game when he or she is too busy working on projections, profit and loss statements, personnel problems, factory politics, and company politics?

If professional sports teams played the same way most sales organizations play the sales game, NFL quarterbacks would run failed play after failed play, quarter after quarter after quarter, with no input from coaches. If professional sports teams operated the same way most sales organizations operate, Major League Baseball pitchers would walk player after player, inning after inning, while managers ignored the action and sat behind desks shuffling papers in offices far away from action on the field.

Business seems to be perfectly willing to put up with sales managers who consistently run bad plays. And, as if that isn’t bad enough, business is also willing to retain field sales people who consistently fail to achieve performance goals and sales projections.

Business doesn’t lead . . . business follows economic cycles. As a result, business gets sales people-bloated during good times and goes sales people-lean during tough times. Why?

Because when times are good, business gets greedy and tries to grab every dollar it can by sending too many people after what ultimately turns out to be too few opportunities.
And then, when the next economic slowdown occurs, business panics and cuts back.
And then, when the inevitable recovery comes along, business gets caught flat-footed and winds up throwing too few people at too many opportunities, creating a costly cycle that plays havoc with sales, profits, and people’s lives.

When business loses, it refuses to accept responsibility for its own failures. Instead of looking within to make necessary changes and improvements, business tends to blame outside forces including ad agencies, competitors, the government, even customers, for its problems.
Whenever a professional sports team loses a game or a season, it doesn’t waste time playing the blame-game. Professional sports teams take immediate responsibility for their failures. Nothing, not politics, money, and/or relationships, changes a professional sports team’s motivation to achieve defined performance. Failure to perform (Win) causes the team to make immediate changes in management, coaches, players, training, or whatever else it takes to turn the team around.

Business bounces from loss to win to loss because it is unwilling or unable to invest the resources necessary to train sales professionals to perform at the top of their sales games.
Professional sports teams, on the other hand, are more than willing to invest whatever it takes to prepare coaches and players to compete and win against their toughest competitors.
So, what does this mean to you?

It means this: If you’re serious about winning, you’ll study, adapt, and apply professional sports team performance strategies and tactics to prepare your team to win against your toughest competitors.

Sales managers will become sales coaches.

Sales people will become sales players.

And, sales meetings will become sales practices.

After all, if you can’t coach your sales team to renew and reinvent itself as well as a professional sports team so you can win more sales in changing market conditions, your team loses and so do you.

When all is said and done, your mastery of the skills and techniques we present in this article may be the most important contribution you ever make to your sales team, your business, and your profession.

We sincerely hope you agree.
_________________________________________________________________________

The old days when the typical sales manager was an authority figure whose primary responsibility was to manage the time and efforts of sales people are as far gone as black & white television, carburetors, and whitewall tires. Also gone are the wasted days when field sales people were forced to scramble around their territories, struggling to make arbitrary quotas just to keep the boss happy.

Those were baseless quotas that required sales people to make so many cold calls, personal calls, and telephone calls each day . . . all of which had to be documented with a wilting stack of call reports to be turned in every Monday morning to the Sales Manager who desperately needed to make sure sales people were working.

And sales people were working alright . . . writing up call reports every Sunday night to be turned in Monday morning!

Ah, the good old days.

The field sales game, like every other aspect of business-to-business business, has undergone incredible technological, cultural, and social changes over the past few years. Companies that insist on hanging on to outmoded, traditional sales methods and marketing approaches do more harm than good to their sales and marketing efforts. Restrictive policies (call minimums, call reports, arbitrary office reporting days and times, etc.) are a complete waste of time because they don’t do anything to generate sales or profits.

The more sales people put themselves in front of customers and prospects, the more they sell and the more they earn. Sales people need to get face-to-face with prospects and customers to develop relationships, to assess product and service applications, and to put a human imprint on the selling process.

What is important to today’s customer buyer is not whether a sales person claims his yellow widget will last longer or is more popular than someone else’s orange widget . . . what is important to today’s buyer is the answer to a critical question: Can I trust this person to sell me the right product or service for the right application for the right price?

Prospects want to trust that the sales person and the company he or she represents will make every effort to ensure the product or service purchased will minimize downtime, maximize productivity, and provide a fair return on the investment.

Whenever you create that level of trust with a prospect, you’re guaranteed a sale.

As you work your way through BOTH SIDES NOW©, you’ll learn everything there is to know about virtually every significant business strategy and technique – aligning priorities, benchmarking, competitive analyses, coping with culture change, cutting overhead, goal setting, improving quality, and managing resources effectively . . . you’ll need to effectively and quickly increase sales and profits.

This article will help you build, motivate, and lead a winning sales team, a team of sales professionals whose collective ability to win can be uniquely built upon compelling and profound knowledge, skills and understanding; fundamentals which are essential to all great human achievement.
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PREPARING FOR YOUR 1st PRACTICE SESSION

Suppose you ask Joe Gibbs, Bill Parcells, or Phil Jackson the following question: “Hey, coach . . . how important is it to prepare for the first practice of the season?”

What do you think he’d say?

One answer and one answer only: Preparation is everything.

If that’s true (and you know it is), what, specifically, should you do to prepare for your all-important first practice session?

Define your primary objective in your first sales practice . . . the questions: Be smart and start at the beginning: The main objective behind your first sales practice is to introduce the Sales Coaching Concept to your team. You know that you’ll introduce the Sales Coaching Concept to some folks who know nothing about Sales Coaching while others will know or think they know everything there is to know about Sales Coaching. So, what do you think? Will the Sales Coaching Concept be a tough sell to your team? Will the majority of your sales team understand and agree that Sales Coaching will generate more sales, more profits, and more income? If your team is skeptical, will the primary concern be about whether Sales Coaching will work as opposed to how it will work? How will you introduce Sales Coaching to your team? Will you simply drop the concept on the group and make a plaintive announcement with the expectation that Sales Coaching will be accepted and implemented immediately? Or, will you start slow, explain the concept, open a dialogue, and patiently work toward consensus? What are your performance expectations . . . for yourself, for individual sales players, for the team? How soon do you expect to see an impact on sales and how significant should you expect that impact be? How much investment of time and energy is the company willing to put into Sales Coaching to make it work for everyone involved? How much investment should the company make before it realizes a return? And, how do you think this article will impact the every day lives of individual Sales players and how do you think will it impact the team as a whole?

The first sales practice . . . the answers: Without pointing fingers, let every Sales Player know precisely what your performance expectations are . . . for yourself, for each individual, and for the entire team as a group. Prepare a list of prioritized expectations, edit the list carefully and thoughtfully, and, even though you should take your list of expectations to the first Practice Session, we suggest you take the time to memorize it. Why? Because you’re likely to get peppered with questions in the first sales practice and you don’t want to struggle for answers, get sidetracked, and forget to cover something important.

Paint an honest but positive picture . . . Nobody likes change, least of all, sales people. So, let’s face it; you’re likely to get passive, perhaps even aggressive resistance from your Sales Team to the Sales Coaching Concept. So, consider how individual personalities might shape the group’s reaction as you decide how best to present Sales Coaching to your team positively, honestly, to get broad support. Clearly communicate the potential for growth and success that comes from utilizing the Sales Coaching approach. Talk about the fact that Sales Coaching is more than theory . . . it is a proven, incredibly positive tool each Sales Player can use to increase sales, profits, and income.

Explain the technical stuff . . . Don’t pull any punches here. Be honest about why you need to make a change. Talk about specific reasons behind the lack of acceptable sales, profits, and income the team should be generating. Spell out specific techniques that individual Sales players – and the team as a whole – can use to improve sales skills. Though you want to be completely honest, don’t allow this part of your practice session to become personal. You won’t gain anything by slamming individual or collective feelings. The team will respect your honesty and will at the same time appreciate your sensitivity. Nevertheless, we caution you . . . if and when you’re forced to make a choice between honesty and sensitivity, the respect that comes from honesty will be far more important to your ability to coach than appreciation will be . . . so tell it like it is.

Eliminate negatives with positives . . . Let Sales players know that you have absolutely no interest in criticizing individual mistakes, errors, or shortcomings. Make it clear that your only interest is to equip each Sales Player to sell more, more profitably, more often. Build consensus by actively soliciting viable solutions to any obstacle that may threaten the team’s overall ability to increase sales, profits, and income. In every conversation, maintain your focus on the primary goal: To build a winning sales team.

Establish new relationships with sales players . . . You are now someone you’ve never been before. You are no longer the Sales Manager. You’re not the VP of Sales and Marketing. You’re not the General Manager. Because you are now the Sales Coach! And, as Sales Coach, your first responsibility is to emphasize the human side of coaching. By that we mean never criticize, put down, or put a Sales player on the spot – even if you think you’re kidding – in front of anyone else. Make sure that every dialogue develops communications not confrontations. Though you’re still the boss, you will find that a new dimension will have been added to the relationship, a leveling of positions that, handled properly, will allow you and Sales players to work more closely than ever to achieve common goals.

EPILOGUE

There is an old saying in professional football that applies to Sales Coaching: The will to win is meaningless without the will to prepare to win.

As Joe Gibbs, one of the all-time great NFL coaches, once said, “A winning effort begins with preparation. The game may be played on Sunday, but it is won on the practice field during the week; in meeting rooms, where coaches and players prepare the game plan; and in the weight room where the best players do a few extra repetitions.”

How is this any different from your Sales Game? Your Sales Game is played on a prospect’s field every time a Sales Player gets in front of a prospect to ask for an order. How does your Sales player get on the playing field? How does your Sales player get in the right position, in the right place, at the right time, to ask for the order and score the win?

Practice. And where do Sales Players practice? In sales practices in your conference room and in your office where you and each Sales Player prepare and practice each individualized game plan. And, where will you find your best Sales Players? Like coach Gibbs said, you’ll find them practicing . . . maybe not in the weight room, but perhaps in front of a mirror at home to improve their ability to win by doing a few extra repetitions as they practice presentations.

Copyright © 2008 by l.t. Dravis. All rights reserved.

If you have questions, comments, or concerns, Email me at LTDAssociates@msn.com (goes right to my desk) and since I personally answer every Email, I look forward to hearing from you soon.

Regards,

l.t. Dravis

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How to Increase Sales and Get the Financial Security You Want

Frankly, I’m puzzled….many business owners and sales professionals behave as though increased sales are a flash in the pan thing. Increased sales don’t happen by accident. They happen as a result of well defined plans and systems.

But let’s suppose you aren’t like most people you’re a member of the elite group who realizes you need a plan to increase sales. Knowing you need a plan isn’t enough. You have to know how to formulate that plan, what to do, and in what order to do it. Am I right so far?

Trouble is even though you know you need to do something to increase sales you’re terrified because you don’t know how to do all these things. You also know your peers and mentors don’t know either because they’re struggling just as much as you are with the same issues you have. So what are you to do?

Here’s the deal: to develop a sustainable business that provides the financial security you want it will take some work on the upfront. However, once you do this work and develop your system(s) it works on auto-pilot for you. Ideally you’ll need to develop:

  • a strategic plan spelling out exactly what actions you’ll take by when to get where you want to go
  • the leadership skills to produce results through yourself, and others
  • the self-mastery skills to use time as the most valuable resource it is to produce the highest return from all your time investments professional and personal
  • a marketing system consistently producing highly qualified leads
  • a process to nurture and help buyers buy from you
  • systems producing repeat business and qualified referrals

Despite what you may be thinking this isn’t nearly as difficult or scary as it may appear to you now. You don’t have to know everything there is to know about any of those things. You only need to know how to make those things work for you.

You’ll be glad to know there are people who have sorted through all these things and hand-picked the critical elements and put them into systems. Now some experts have developed systems so specific they sell one thing, usually a product. That’s better than nothing especially if that’s what you have now. The trouble is in a service business you aren’t selling a product you’re selling an outcome.

But better yet is getting the help of a coach who can take you by the hand and help you to develop systems unique to you and your business. Rarely does it work to try and fit into someone else’s mold. Far better is to create your own unique mold and have a guide helping you along the path. Start your journey by getting the 7 secrets below.

Yes, now you can discover the “7 Secrets” [http://increasesalescoach.com/]

Turn yourself into a Sales Genie [http://increasesalescoach.com/marketing-article]

Increase Sales Coach Gets Results Sales Training Can’t BECAUSE it’s never just a sales issue

Article Source: https://EzineArticles.com/expert/Cheryl_Clausen/56791

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