Take the Second Shot!
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Free PDF Download The Most Valuable Commodity You Can Market - By Troy Harrison |
I get a lot of inquiries and solicitations asking me what my "#1 tip" for increasing business is. This, of course, is a very complex subject that requires a lot of detail. But there is one quick tip I send along that can help people in any phase of business or even their lives. And that is:
Take the second shot.
We've all heard the phrase, "Persistence pays off." Most people interpret this to mean that "persistence" means aggravating and annoying people to death until they buy to get rid of you. Many things, including fear, keep people from going down this road. However, there's a nice medium ground, and that is what I call the "second shot." The second shot means just that - it means trying twice to make good things happen.
The reason that I focus on a second shot, rather than a third or fourth, is that most salespeople are easily put off. While the public image of salespeople is that of the bulldog that never lets go, the truth is far from it; most salespeople are perfectly willing to take the first "no" rather than battle a bit for the win. That's a shame, because a lot of business and opportunity lies beyond the first "no." Let's look at this in context.
The context will be the teleprospecting phone call, which as you know, I still believe is the core skill of B2B new business generation. Let's imagine a call from a salesperson selling copiers:
Salesperson: "Hi, Mr. Prospect, this is Salesperson from Pretty Darn Awesome Copier Company. Our manufacturer has just released some new technology that can drastically reduce your per-page cost while actually increasing the quality of your paper documents. Could we meet next week, and see if there is a fit between your company's needs and this new technology?" (NOTE - this is an imperfect call - there's a step missing - but it's typical of a decent teleprospecting call.)
Prospect: "Sorry, I'm not interested." Now, about half the time that a customer says this, they'll hang up on you. No second-shot opportunity exists on those calls. But, half the time, they'll hang on and wait for the salesperson to say something weak like, "Uh, thanks anyway." If you say that, you're done. Instead, let's take the second shot.
Salesperson: "I don't blame you for not being interested. I've sold a number of these machines already, and I've found that the customers didn't really have any interest until they understood what these machines could do, how they could reduce expenses and at the same time build your customer image through better documents. Would it be worth, say, 20 minutes of your time to at least know what those customers now know? If there's a fit, I'll tell you, and if there isn't a fit, I'll even tell you that. Fair enough?" Second shot taken. You've now given the prospect a better window into why he/she should take the appointment, and perhaps even aroused a bit of curiosity. Here's the thing - whatever your chance is of getting the appointment on the second shot, it's better than the zero you'd have if you bailed out at the first 'no.' A good rule of thumb is that whatever your ratio of contacts-to-appointments (let's say you get 1 appointment in every 5 contacts normally), you'll increase that 20 to 30% with a good second shot effort.
Of course, even though this sounds good, it doesn't come for free. You have to have a game plan. You need to anticipate common objections, have responses ready, and be very focused on the conversation. That requires a lot of thought and preplanning, and it also requires a focus on generating an appointment, not a sale.
This technique doesn't limit itself to cold calls, either. Final objections, job hunting, getting a raise, getting a date - all of these can be improved by focusing on the second shot. Just keep in mind these steps:
- 1. Be prepared. Know the objections and the common responses.
- 2. Create a "win" for the other party by accepting your second shot.
- 3. Take extra shots with great care. Two makes you persistent, more can make you a pest, depending on the situation (the farther into the sales process you are, the more persistent you should be).
- 4. Finally, remember that there are some objections that cannot, and should not, be overcome. Use good judgment, and don't sell bad business.
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Free PDF Download The Most Valuable Commodity You Can Market - By Troy Harrison |
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About the Author: Troy Harrison RSS for Troy's articles - Visit Troy's website SalesForce Solutions is owned and operated by Troy Harrison. Troy has been a top salesperson and sales manager for over fifteen years, and has turned around territories and entire sales forces. While working for a national managed services provider, he turned one of the company's worst sales forces into a two-time consecutive National Champion, with six President's Club salesperson awards and two National Champion Sales Manager awards. From there, he has worked as a "turnaround specialist," producing as much as 67% annual growth in sales and profitability. A track record of consistent overachievement against quota, and a thirst for selling knowledge, has produced one of America's finest sales consultants and trainers. This knowledge becomes yours when you retain Sales Force Solutions! Not an industry specialist, Troy has produced success in industries ranging from mass merchandise to industrial equipment, from managed services to building materials, and in companies from $2 million in annual sales to $1 billion in annual sales. If you have an underachieving sales force, we can fix it. If you have a good sales force, we can make it great! Click here to visit Troy's website. Im a Relationship Salesperson Producing Excellent Sales Letters You Read it You Like it What Are You Doing About It Are You Giving Thanks or Begging For Dimes The First Rule of Selling Have a Plan |
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