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7 Secrets for Sales Success
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| Guest post by: Loretta Love Huff |
Article Overview: Sales professionals sometimes make the simplest mistakes that keep them from being successful. This article identifies 7 simple things you can do to dramatically increase your success in sales.
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Free Download - Create Passive Income: Stop Trading Time for Money By Loretta Love Huff |
7 Secrets for Sales Success
People mistakenly think that effective sales involves convincing people to buy whatever is being offered. Exceptional sales people however realize that's not the case. They utilize these sometimes counterintuitive approaches to distinguish themselves from the herd.
1. Focus on doing the right behaviors
Understand which sales behaviors drive your business. Is it cold calling? Cold walking? Warm calling? Building referral partners? Speaking for visibility? Advertising? Attending tradeshows?
If you're not sure, you need to find out. Keep track of the activities get you "closer to the money" the most often. (Hint: it's probably not organizing your files or business cards.)
Do those activities consistently. Set short-term goals based on behaviors you can control rather than hoped-for results (e.g. number of sales) that are under someone else's control. Keep your short-term attention on the right activities and the long-term results will naturally follow.
2. Act like you don't need the business
There's nothing worse than a desperate sales person. Even if you're dead broke, never let a prospect sense that. Act like you're in demand and sought after. Play hard to get.
If someone is stringing you along tell them know you sense they've lost interest. Offer to return any documents they've given you. They'll either quickly exclaim their interest or bow out gracefully. Either way, you win.
3. Make sure you know what your prospects want & need
Many sales people feel they have to convince prospects they need what the sales person has to offer. Before you start touting the benefits of your product, find out what's important to them. Everyone does not need what you have; most people won't even care.
Focus on identifying their needs first. Keep reminding them of what they want to accomplish then help them understand how your product meets those needs (if it does). If it's not a perfect match, acknowledge that and move on to someone who needs you more.
4. Have a customizable script or outline
Anticipate the likely concerns or problems (not objections) different prospects might have for which your product is a solution. "I help business owners who are frustrated by... fed up with ... and concerned about..." By customizing your conversation, your prospects will feel like you really understand them and their situation and will be more open to what you have to say.
5. Always know what the next step is
Don't ever end a call or meeting without knowing exactly what's going to happen in the next two steps. If they've asked you to submit a proposal (step 1), find out exactly what happens after the proposal is in (step 2).
6. Sell to the highest person possible
While it may be more comfortable talking with people lower in the hierarchy, they are rarely the decision maker. Your sales will go a lot faster if you start at the top. Even if the CEO doesn't make decisions about products you offer, it's still better getting introduced to the VP of Widgets by the CEO that trying to convince the VP that he or she needs you.
7. Never give up
According to the National Sales Association:
2% of sales are made on the 1st contact
3% of sales are made on the 2nd contact
5% of sales are made on the 3rd contact
10% of sales are made on the 4th contact
80% of sales are made on the 5th - 12th contact!!!!
A classic study of sales calls made by Dartnell and McGraw Hill
produced the following fascinating statistics:
48% of all salespeople give up after the first contact
25% give up after the 2nd contact
17% give up after the 3rd or 4th contact
This study confirmed that 80% of all sales are made only after 5 or more contacts.
These statistics show that 90% of the salespeople give up before 80% of
the sales will ever be made! >>
Stand out from the crowd and build an extraordinary business.
Article Tags: sales professionals, sales success, sales tactics, sales techniquess, sales training
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About the Author: Loretta Love Huff RSS for Loretta's articles - Visit Loretta's website Celebrating 10 years in business, award-winning executive/business coach and performance improvement consultant, Loretta Love Huff, The Dream Leader for BusinessTM, helps people and teams EXCEED their dreams. Loretta has made several appearances on the local Fox10 Morning News show, radio shows across the country and has been featured in business publications including the New York Times, the Arizona Republic, The Phoenix Business Journal, Arizona Woman, and Working Mother. She is the author of two books, Leadership without Limits: Inspiring the Best in Yourself, Your People and Your Organization and 6 Keys for Dissolving Disputes: When ‘Off with their Heads!' Won't Work. Loretta is Past President of the National Association of Women Business Owners, Phoenix Chapter. She is also one of the 2010 Phoenix Business Journal Top Women in Business. Loretta holds a B.S. in Psychology from Howard University and an M.B.A in Finance from the University of Chicago. http://www.EmeraldHarvest.comhttp://www.IWantMoreClientsNow.com http://www.LorettaLoveHuff.com Click here to visit Loretta's website Need More Time 5 Top Tips on How to Get More Done Why You Must NarrowCast to a Tight Target Market Create Passive Income Stop Trading Time for Money Is Your Lone Ranger Act Killing Your Effectiveness The Oscars and the Art of Business Leadership |
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