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Part Five - Prospecting for More Sales



Part Five - Prospecting for More Sales
   

So what are the three types of prospecting calls? There are:

Cold Calls You don't know them, they don't know you.
Warm Calls You know then, they don't want you.
Hot Calls They know you, they trust you, they have a need.

Remember, selling is a numbers game. What I mean is, you need to pay attention to a
lot of numbers and we'll look at some a little later on; but here it is worth remembering that each time you are out on a cold call it is costing you whatever your “dollar per hour” value is. Have you worked out your dollar per hour value? It is a good idea to do that. It puts some definition to what you do - you need to be producing an income in excess of that to "keep your business".

The next step on from cold calling is pre-call planning. Pre-call planning puts you in the classification of warm-to-hot.

Pre-call planning means doing your homework before you call on your prospect. This type of call puts you in control - it's also much more cost effective than just grabbing your briefcase and heading off for a few "drop in and see" calls. Pre-call planning saves hours on the road. Instead of hitting the road, hit the research and find out information on your prospects.

Where can you get information on your prospects?

 The media
 Personal friends
 Business Contacts
 Telephone books
 Keeping your eyes and ears open

Pre-call planning also allows you to control your time with a particular prospect.

If used effectively:

 You decide before the call if you want the business
 You control your time.
 You make the moves to get the business.
 You use persistence to win the customer.

Continued in Part Six


Part Five - Prospecting for More Sales - To learn more about this author, visit Lawrence Atkinson's Website.

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About the Author


Lawrence Atkinson
(Visit Lawrence's Website)
Lawrence specialises in sales training and sales coaching, with over 20 years experience as both a trainer and a coach. He has lived and worked in the UK, Europe, the Middle East and more recently the Pacific Islands. He is a Fellow and former Director of the Australian Institute of Training and Development and holds Fellowships with the Australian Institute of Company Directors, the Australian Institute of Management, and the Financial Services Institute of Australasia. He is also a Justice of the Peace. His many experiences in a variety of sales situations present an interesting background for his training and coaching interventions and provide Lawrence with an ability to relate to and train people at all levels, across a variety of cultural and industry settings. This includes, for example, training and coaching business owners and managers, senior relationship managers, business banking managers, financial advisers, retail sales people, electrical sales engineers, accountants in PNG, new Australian exporters, importers and exporters in Fiji, and a video production company in Bahrain! A Rotarian and Paul Harris Fellow, he loves to work with people to see them succeed.
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Part Two Prospecting for More Sales
Part Nine Prospecting for More Sales
Developing Your Business Plan
Part Four Prospecting for More Sales
Part Ten Prospecting for More Sales
Part Seven Prospecting for More Sales
Part Six Prospecting for More Sales
Part Three Prospecting for More Sales
Part Five Prospecting for More Sales
Part Eight Prospecting for More Sales
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