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ARE YOU MISSING OUT ON SALES THAT SHOULD BE YOURS?



ARE YOU MISSING OUT ON SALES THAT SHOULD BE YOURS?
   

ARE YOU MISSING OUT ON SALES THAT SHOULD BE YOURS?

MOMENTS OF TRUTH

Every time a customer or a potential customer communicates with your company a "Moment of Truth" occurs. It's an opportunity for them to have either a positive experience or negative experience. It's also a "Moment of Opportunity to either build this relationship or sadly, destroy the relationship.

LOST OPPORTUNITIES WHEN YOUR PHONE RINGS

What makes the difference, are the skills and attitudes of all of your people who have customer contact.

One of the most neglected "Moments of Truth" for many organizations is that initial point of contact, when the telephone rings.

Some companies spend "mega-bucks" on advertising to get their telephone to ring, and then spend "micro-bucks" training their people to handle this first vital "Moment of Truth". A moment when an enquiry can either be turned into a sale or an appointment to discuss this inquirer's needs, or a moment when this enquiry will be lost to the "Twilight Zone". That "I'll-think-it -over-and-get-back-to-you" zone from which most enquiries will never return.

So how well are you and your support people handling this "Moment of
Truth"?

QUOTE GIVERS DON’T ADD ANY VALUE

One retail cellular telephone chain that we worked with a while back discovered that 86% of their sales people were great at giving out information and offering discounts over the telephone (actually a very dangerous practice) but very poor in gaining the enquirer's name and phone number, asking needs revealing questions, gaining agreement for the enquirer to visit in person, and gaining the business.

In excess of 67% of their enquiries exited into the "Twilight Zone" never to return. Clearly much of their massive advertising budget was being lost by handling this vital "Moment of Truth" badly.

How well do you and your team members handle telephone sales enquiries?

Do they answer the customer's question which is generally price oriented, give out lots of information which is often irrelevant to the customer's real needs, and then send out a brochure?

GOOD INTENTIONS ARE NOT ENOUGH

Don't get me wrong now, people who do this generally have good intentions.
However in reality, they aren't really all that helpful to the customer, and sadly these actions often lose sales every day in business. Perhaps even yours.

So why is it that some business operators are prepared to spend thousands, even tens of thousands of dollars on advertising every year, but don' bother to invest anything into training their people in how to professionally handle that critical "Moment of Truth" when the phone rings?

It's a mystery to me, but here's what 29 years of training sales people has taught me.

If people aren't trained how to convert telephone enquiries into telephone sales or face to face visitors, they'll make it up as they go along like everyone else does!

THE 5 GENERATIONS OF SALES PEOPLE

As a consequence opportunities will be lost as they become either...

1. The "Quote Givers" whose major focus is price.

2. The "Product Oriented Peddlers" who simply bombard callers with an avalanche of product information. Or if the customer absolutely insists, and asks to buy, they will then become...

3. The "Order Takers".

We do a great deal of training today with business operators who realise that to succeed today you really need to be different to your competitors, particularly at this critical "Moment of Truth".

These operators realise that today, customers are looking for a new breed of sales person. They are looking for...

4. The "Problem Solver" Sales Person who is equipped with the professional skills necessary to;

* Ask questions to identify needs
* Really listen and understand
* Build trust, confidence and rapport, and then...
* Solve each customer's "problem" with exactly the right solution to meet that client's needs.

Now this approach might seem obvious, but it doesn't come naturally.

In the last 12 months we've worked with travel agents, tyre retailers, insurance companies, and even one of Australia's most exclusive hotels training their people in how to do this. In less than 30 days these companies improved their conversions ratios anywhere from 100% to 400%.

5. The "Friend In The Business" Sales Person

This is the ultimate positioning for a sales person. To be seen by customers as their “Friend In The Business”. The person they always call whenever they need expert advice from someone they trust and will ultimately do business with every time. To achieve this positioning takes skill.
How To Become A Top Gun In Sales – Learn how to dramatically increase your sales by becoming a 5th Generation consultative sales professional.

So how do you and your people measure up? Here’s the first step to understanding and also to dramatically increasing your sales.

TRACK YOUR CONVERSIONS

If you are not doing so already, begin to measure your current results. By this I mean keep statistics. Keep an accurate count of just how many telephone enquiries you and your people process each day, week, month etc. Then track what happens to each enquiry. How many are converted to sales, how many are not? Work out your ratios.

By the way, when we ask most business operators what their conversion ratio is, they feel that it's not bad. They suggest it is somewhere between 60% -80%. However, when they measure it they discover it's more like 20% - 30%.

16 VITAL TELEPHONE PERFORMANCE STANDARDS

Introduce a set of mandatory "Telephone Performance Standards". Rules for everyone who answers the telephone in your business. A set procedure for handling this vital function.

Although it varies a little from business to business, we've identified 16 vital performance standards, which are universal and should be used in your organization. Space here prevents me from detailing them, but we are happy to provide details if you’d like to contact us. This training is available to you on line.

You Are The Weakest Link – Good bye!

If you believe that you and your organization are missing out on sales that should be yours, then resolve to do something about eliminating this Weak Link in your sales chain. Make it the strongest link, and one that will set you apart from your competitors, because you and your team add value immediately someone phones or walks into your business with a “problem” to be solved.

Have a great week. Make it a great week!

Wayne Berry


ARE YOU MISSING OUT ON SALES THAT SHOULD BE YOURS? - To learn more about this author, visit Wayne Berry's Website.

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Wayne Berry
(Visit Wayne's Website)
Wayne Berry CSP* is Australia's own TOP GUN Sales Coach and most in-demand speaker on sales, negotiating and sales management. He is ranked in the top 7% of professional speakers in the world by the USA based National Speakers Association. He is a best selling author and one of Australia's best known speakers. His four books, “Negotiating In The Age of Integrity”, “How To Get The Best Deal Every Time”, “How To Get The Best Sale Every Time” and “How To Lead and Motivate A TOP GUN Sales Team” are now sold in 13 countries. He speaks more than 200 times each year at conferences around Australia, New Zealand, Asia, and at programs arranged by his TOP GUN® Business Academy. This year his seminars and workshops will be attended by more than 20,000 sales and business people. He has also recorded more than 40 audio and DVD video programs on selling, sales management and negotiating. He has shared the platform with Tom Hopkins, Brian Tracy, Zig Ziglar, Earl Nightingale, Dr Norman Vincent Peale, Dr Denis Waitley, James Rohn, and many, many other internationally renown speakers.
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