How to Go From Good Selling that Worked to Good that No Longer Works Back to Good That Works
How to Go From Good Selling that Worked to Good that No Longer Works Back to Good That Works
So what do you do when what you have done is no longer working?
First, you need to schedule time to have a discussion with yourself, your sales manager and other members of your sales team. The first question to ask is "What has changed in the market place?" Given the current economy in early 2009, much has changed, yet people are still spending their dollars. Maybe not as freely, but spending is still happening.
Next, you need to revisit your strategic, goal driven sales plan as well as the organization's overall strategic business plan. Review the demographics of your target market and then even more importantly examine the psychographics of this market.
Looking at your marketing action plan, ask yourself if you are using a sales based approach or an education based marketing approach? Today the Internet has leveled the playing field and what you need to do is to add value to your products and services. Value comes from educating your customer first without thinking about securing those coveted dollars. Education based marketing helps to showcase your value because you are demonstrating that value in your authentic behaviors and sales skills.
Another task is to review your own sales statistics. Has the change in the market place altered those metrics? If you had a sales to earn (sales to close) ratio of 1 in 5, maybe that now is 1 in 8 or even 1 in 10. To compensate for market place changes means you may have to increase your marketing activities and make an additional 10 daily calls.
Finally, take time to keep abreast of what is going on in the marketplace. Look for new trends as well as new obstacles. For example, when I first started my coaching business, I had a 20 plus hour strategic business planning process (my time) that delivered exceptional results from doubling to tripling business profitability. However, as the marketplace changed, I noticed my clients had less and less time. So I reassessed and streamlined my strategic planning process to being more action focused (goal driven) and less time intensive only 4 hours.
Sales Coaching Tip: When what was working no longer works, do not keep trying to ride the dead horse. Dismount and take the time to understand what caused the horse to die. Learn from that lesson. Change your riding habits (sales skills). Remember, research only one in ten people will change. Can you afford to be one of those nine unchanging sales professionals?
How to Go From Good Selling that Worked to Good that No Longer Works Back to Good That Works - To learn more about this author, visit Leanne Hoagland-Smith's Website.
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Good selling is simply doing what works. However, sometimes what worked in sales or selling yesterday is barely working to or even worse not even working today. This change of events happens in all industries be them service, distribution or manufacturing. Your goal as a sales professional is to get back to good that worked if you really want to increase sales.
So what do you do when what you have done is no longer working?
First, you need to schedule time to have a discussion with yourself, your sales manager and other members of your sales team. The first question to ask is "What has changed in the market place?" Given the current economy in early 2009, much has changed, yet people are still spending their dollars. Maybe not as freely, but spending is still happening.
Next, you need to revisit your strategic, goal driven sales plan as well as the organization's overall strategic business plan. Review the demographics of your target market and then even more importantly examine the psychographics of this market.
Looking at your marketing action plan, ask yourself if you are using a sales based approach or an education based marketing approach? Today the Internet has leveled the playing field and what you need to do is to add value to your products and services. Value comes from educating your customer first without thinking about securing those coveted dollars. Education based marketing helps to showcase your value because you are demonstrating that value in your authentic behaviors and sales skills.
Another task is to review your own sales statistics. Has the change in the market place altered those metrics? If you had a sales to earn (sales to close) ratio of 1 in 5, maybe that now is 1 in 8 or even 1 in 10. To compensate for market place changes means you may have to increase your marketing activities and make an additional 10 daily calls.
Finally, take time to keep abreast of what is going on in the marketplace. Look for new trends as well as new obstacles. For example, when I first started my coaching business, I had a 20 plus hour strategic business planning process (my time) that delivered exceptional results from doubling to tripling business profitability. However, as the marketplace changed, I noticed my clients had less and less time. So I reassessed and streamlined my strategic planning process to being more action focused (goal driven) and less time intensive only 4 hours.
Sales Coaching Tip: When what was working no longer works, do not keep trying to ride the dead horse. Dismount and take the time to understand what caused the horse to die. Learn from that lesson. Change your riding habits (sales skills). Remember, research only one in ten people will change. Can you afford to be one of those nine unchanging sales professionals?
How to Go From Good Selling that Worked to Good that No Longer Works Back to Good That Works - To learn more about this author, visit Leanne Hoagland-Smith's Website.
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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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