Content about salesman

02.22.10

Real gamblers don’t rely on Lady Luck, they study the game, know the odds and play the percentages. Good sales people don’t rely on luck, either. Being in the “right place at the right time” is not a matter of luck, but rather it is about preparedness.

02.11.10
According to conventional sales wisdom, the best sources of sales leads are usually the people who are already buying from you, but the truth of the matter is, few salesmen ask for referrals. Those that do ask, do so in such a manner that it may become a burden to their client with whom they lodged the request. Asking for referrals usually ends up producing nothing, in fact, the occasional good referral received from a client or friend is often a surprise. 
 
01.21.10

The economy sucks, there's a bunch of ignorant boobs in Washington, DC, the Federal deficit is stupendous and higher taxes are looming . . . doesn’t sound like 2010 will be a good year, does it? Take heart, the economy will get better, an awakening public will vent their collective spleen on Congress and the Executive Branch forcing them to do something about deficits and taxes . . . and selling professionals will advance us towards a “pre-boom” economy.

12.16.09

We are being surrounded by technology today, so much so that people have almost forgotten how to make face-to-face contact with customers, prospects, suppliers and their own offices. Who would have thought twenty-five years ago that salespeople couldn’t get along without their Blackberry, laptop or PC in the office? In 1980, the height of technology was a pager.  That device was replaced over the years by greater technology in the form of cell phones, Blackberries, palm-sized computers and a host of other electronic marvels. These gadgets are great, but they should be used to assist not replace sales technology. In the “olden days” of salesmanship, it required a face-to-face contact to initiate the sales call, make the presentation, offer the close and follow-up on either the sale or the next step in the sales process. Nowadays, it is the technology that performs many of these tasks.

12.08.09

Sales trainees are taught that there are a number of ways to increase the sales in their assigned territory, thereby increasing their employer’s business and justifying their own existence. The sources of new business are, in order of importance to a new salesperson: New customers, increased business from existing customers and referrals. There are a number of sub-headings for each of these items. Referral business is relegated to least of importance because a new salesperson has yet to develop the sources, being too new to have a rapport with existing customers or other referral fountains. Referrals are, however, the source that experienced salespeople find are the best and most reliable source of prospective customers.

12.02.09

Sometimes it takes years for a salesperson to learn the basic rules of the game because no one has written them down. Or at least no one has written them down as “rules.” Older salespeople while training the new ones will often impart these gems of sales wisdom, but most sales training courses only touch briefly on some of these principles and then only in passing. Jill Konrath, author of Selling to Big Companies has enumerated The Seven Paradoxical Sales Principles, all of which may be found in the unwritten, unpublished Old Salesman’s Book of Knowledge.

11.18.09

Salespeople are a superstitious lot. They are in a business that relies mostly on personal interaction, regardless of the product being represented. Liken their thinking to that of the baseball power-hitter who has a streak going and won’t change anything (even his underwear) for fear of breaking the magic spell.  Salespeople are prone to adopt and adhere to many similar superstitions to prolong a selling streak or to try to understand the magical rules of their game, selling. Interestingly enough, many of these old saws have some basis in fact.

11.12.09

Experienced salespeople are used to being kept waiting in the customer’s lobby or having appointments canceled the morning of the meeting, they have learned “it goes with the territory.” The first time a neophyte salesperson is on the receiving end of common discourtesies accorded to his profession, he is shocked, hurt, annoyed and dismayed . . . all at once. Sales training never prepared him for the lack of respect for a salesman’s profession and his time from a purchasing agent or other people to whom he pitches his wares. Salespeople have to deal with enough negatives in their daily routine without having a lack of respect, too.

11.02.09

Think about it, when is the last time you bought anything from a salesperson with a bad attitude, or even an unsmiling guy or gal? It is the likeable salesman who gets the orders, regardless of the product he is selling. He makes the sales experience a positive one and his customers know that he really appreciates their purchasing from him. His attitude establishes credibility and the clients believe what he says. Studies have shown that people buy from salespeople they have come to like during the sales process. Are you or your salespeople viewed as “likeable” by you prospective customers?

10.28.09

Sometimes you should let your imagination take charge. When you have been focusing hard on a business/sales/marketing problem, let your mind take a rest from the strain of searching for a solution and take flight, influenced by whatever is going on around you, the results might surprise you. Years ago, in my misspent youth, I became known for innovative approaches to sales situations, all because of a vivid imagination. Then I had to spend the rest of my career living up to the results achieved by that original flight of fancy.

10.26.09

In a response to a recent article by sales systems guru, Ari Galper, the author revealed that he had received numerous e-mails from his salesman readership, most of whom reported an abject fear of making cold calls, particularly by telephone. The fear of rejection was the most cited reason for the “cold calling chills,” but all respondents said they would find many excuses for not making the calls they all knew were necessary. Quite simply: Salespeople who don’t make cold calls, don’t make sales.

10.21.09

The ability to converse has a huge impact on the success of business school MBAs, much more so than their grade-point-averages which had no bearing whatsoever. According to a study conducted by Stanford University School of Business, conversational skills (we’re not talking about public speaking here) had a greater influence on the successes of the study group, than did their academic achievements. In her book, The Fine Art of Small Talk, Debra Fine told about having such poor communication skills that she avoided people at networking events and meetings, even hiding in the restroom during breaks. (Did you pick up on the pun in her book title?) Fine points out that the art of making small talk, engaging in a conversation, is an acquired skill. She taught herself and is now a motivational speaker.

10.16.09

You are on a roll, the prospect seems to picking up on your every word and you are mentally counting the commissions you’ll make after he inks the purchase agreement. Suddenly you realize that his response to your closing questions is all wrong. The prospect has no perceived urgency, his need wasn’t as strong as your initial research had shown and his company has neither the time nor the assets to purchase and implement your program . . . but they may have in the distant future. How do you exit gracefully and still maintain some semblance of a relationship for the future?

09.19.09

“Ya gotta close the deal on the first visit, ‘cause they ain’t coming back!” says the old timey salesman to the rookie. “Be sure to give them your watch so they know what time to be back.” is further advice from the grinning, hoary old peddler to the kid. Be-backs, people who don’t buy on the first visit or on the salesman’s first call, are lost opportunities because they’ll go down the road and meet a real salesman. You get one chance to close the deal, one shot at get their signature on the contract before they bail out.

09.19.09

“Ya gotta close the deal on the first visit, ‘cause they ain’t coming back!” says the old timey salesman to the rookie. “Be sure to give them your watch so they know what time to be back.” is further advice from the grinning, hoary old peddler to the kid. Be-backs, people who don’t buy on the first visit or on the salesman’s first call, are lost opportunities because they’ll go down the road and meet a real salesman. You get one chance to close the deal, one shot at get their signature on the contract before they bail out.

08.26.09

The keynote speaker at the combined meeting of the Dallas and Ft. Worth chapters of Sales & Marketing Executives International (SMEI) was Herb Eagle, President of SMEI. His opening comment was that salesmen and golfers have a lot in common. He went on to tell the audience, all sales and marketing types as the name of their organization implies, when they gather in the “19th Hole,” you never hear golfers talk about all of the bad shots they made that day, only the few good ones. He further asked, “What do salesmen talk about at the end of the day? All of the rejections, missed appointments, disinterested prospects . . . or the few good sales calls that resulted in sales or future call-backs? Obviously the latter.

08.20.09

The contractor listened to the polite, measured tones that came through the phone line. The caller had worked some magic on his pit-bull secretary who screened his calls; cutting off the unneeded or unwanted ones, passing the semi-important ones to his subordinates and giving him only the callers to whom she thought he should talk. After all, he was a busy man overseeing all the projects his company had in various stages of production. The caller explained that he represented a material supplier that could save the contractor time and money on a hotel project just now coming out of the ground.