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Archive for the ‘Customer Relationships’ Category

Video: Sandler Rule #26: People Buy in Spite of the Hard Sell, Not Because of It


Countless people go through sales training seminars every year only to emerge with slick tricks, a few doses of confidence and a belief that they’ll be able to bully any prospect they meet into signing on the dotted line. While this may do just fine for the quick, lucky payday, it is not a system that builds long-term, profitable relationships.

The hard sell isn’t just about your demeanor, either. No matter how gentle you are with your words and interactions, you are still hard selling when you build your sales strategy around your needs–and not the prospect’s. Take the time to remember that the prospect buys for their reasons and not yours, and you’ll then be able to move toward deciding whether or not the transaction or relationship would be beneficial for all parties.

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Video: Sandler Rule #38: The Problem the Prospect Brings You Is Never the Real Problem


Wouldn’t it be wonderful for a prospect to accurately and honestly lay out all of their issues for you in your first meeting? This means no more seemingly-perfect deals to disappear, no more “perfect matches” to end with unreciprocated phone calls, and best of all, no more “What went wrong?”

The first part of any sales training program should teach you that your questions never end when the prospect first tells you what they believe to be their “problem.” When you refuse to take a prospect’s “diagnosis” at face-value, you’ve begun the process of accurately diagnosing their real problems.

That diagnosis, as outlined in Sandler Rule #38, is precisely why salespeople are paid for their services. A good sales professional listens to the prospect, probes further into their immediate symptoms and uncovers the prospect’s true pain–oftentimes revealing the actual problem to a prospect who couldn’t diagnose it on their own. When you treat their first symptoms with some skepticism, you’ll find that the real problem will later reveal itself–but only to those who know that the diagnosis doesn’t begin and end with “What seems to be the problem?”

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Video: Sandler Rule #49: Leave Your Child in the Car


Sandler Training’s Dave Hiatt explains Sandler Rule #49: “Leave Your Child in the Car.” No, we’re not advocating neglect. Just understand that the salesperson should be looking for neither approval nor acceptance from his or her prospect. Leave your emotions out of the equation.

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Ouch! That Stings: How Salespeople Got a Bad Rep


By Ken Edmundson

I’ve spent a lot of time considering why the occupation of selling has been given such a low approval rating over the past 40 years. It wasn’t always that way. Here’s a story that got me thinking about this again.

A cowboy named Bud was overseeing his herd in a remote mountainous pasture in California when suddenly a brand-new BMW advanced out of a dust cloud towards him.

The driver, a young man in a Brioni suit, Gucci shoes, Ray Ban sunglasses and YSL tie, leans out the window and asks the cowboy, “If I tell you exactly how many cows and calves you have in your herd, will you give me a calf?”

Bud looks at the man, obviously a yuppie, then looks at his peacefully grazing herd and calmly answers, “Sure, Why not?”

The yuppie parks his car, whips out his Dell notebook computer, connects it to his cell phone, and surfs to a NASA page on the Internet where he calls up a GPS satellite to get an exact fix on his location which he then feeds to another NASA satellite that scans the area in an ultra-high resolution photo. The young man then opens the digital photo in Adobe Photoshop and exports it to an image processing facility in Hamburg, Germany.

Within seconds, he receives an email on his Blackberry that the image has been processed and the data stored. He then accesses an MS-SQL database through an ODBC connected Excel spreadsheet with email on his Blackberry and, after a few minutes, receives a response.

Finally, he prints out a full-color, 150-page report on his hi-tech, miniaturized LaserJet printer and turns to the cowboy and says, “You have exactly 1,586 cows and calves.”

“That’s right. Well, I guess you can take one of my calves,” says Bud.

He watches the young man select one of the animals and looks on amused as the young man stuffs it into the trunk of his car.

Then Bud says to the young man, “Hey, if I can tell you exactly what your occupation is, will you give me back my calf?”

The young man thinks about it for a second and then says, “Okay, why not?”

“You’re a salesman”, says Bud.

“Wow! That’s correct,” says the yuppie, “but how did you guess that?”

“No guessing required.” answered the cowboy. “You showed up here like you knew everything; you want to get paid for an answer I already knew, to a question I never asked. You tried to show me how much smarter you are than me; and you don’t know a thing about cows. This is a herd of sheep.”

“Now give me back my dog.”

It’s a funny story, but there is a stinging sense of truth about what Bud the cowboy is saying; this is the image of the modern day salesperson to many people, and it should not be the case.  The title, “professional salesperson” should mean something. Selling is an honorable profession done by people who are very skilled and uniquely talented, and only the most focused, organized, driven, conscientious people achieve at the highest level in selling.

One of the mistakes made by many companies in hiring for their sales force is that generally they have low barriers to entry and low accountability for their sales teams. If you make it easy for people to get in and you don’t hold them accountable, you are destined to have a low performing sales organization. In any great organization–whether it’s a club, church, business or your family–the standards for membership must be high and the accountability must be rigid if you want results to be high.

Professional selling is not a game for cowards; it’s a tough business, it’s an honorable business, and if you’re good at it, you have one of the most secure jobs on the planet and probably rank in the top 5% of wage earners in the world. The word “professional” should be a noun, not an adjective. Think of what the word professional implies in every other context. A professional athlete, a business professional, a professional author, a professional painter, a professional photographer, or a professional plumber or electrician implies that they are the best, they are trained, they are skilled at their craft and art and usually they have chosen it because they have special talents or abilities which support their craft. Selling should be no less so.

If you’re a trained professional salesperson, you have a tremendous business advantage.

I get to meet a lot of salespeople. If you’re privileged to be one of the 18 million salespeople in the U.S., are you a professional?

Ken Edmundson is the CEO of the Edmundson Northstar Institute, a Sandler Training franchise based in Memphis, Tennessee.

Illustration by Rob Green

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Ban Your Proposals and Close More of Your Sales


By Bill Bartlett

I propose a ban on proposals! I find them to be an enormous waste of time as no one has ever in the history of sales purchased anything solely based on the proposal.

We unwittingly taught all prospects that they simply have to ask and we will provide them with all the information they need in order to deal with their problem.

Proposals are time consuming pages usually filled with features, benefits, rhetoric, justifications, marketing data and, oh yes, let’s not forget your lowest price. By the way, there is usually enough information in each document for the prospect to fix the problem without you. I call them “unpaid consulting” because you won’t be paid for these efforts.

In this economy, I receive no less than five requests per week for proposals that are nothing more than the opportunity to provide free consulting. I guess they’re counting on the “law of big numbers” for success. That is if enough requests are sent out surely someone will be desperate enough to supply the information that is required.

In most cases the perpetrators do not even want to meet with me nor do they have any intention of doing business with me. They just want my recommendation so they can compare it to their existing trainer or shop it around to the trainers they are really considering.

One was so bold as to say he just wanted me to fax him my best price to train his organization of ten salespeople. I sent him a piece of paper and the only thing on it was $10.2 million, certainly a lot more than I charge for training, but enough to make my point. He called and said he was extremely offended by my action. When I asked why, he said, “Your price is way out of line.” I explained my deed by saying that he probably would have said that to whatever number I gave him so I just saved myself a lot of wasted effort assembling the document.

He thought about it for a moment and asked if I could teach his people that “move,” as they spend their days and the company’s resources sending out proposals that go nowhere. He invited me in for a meeting during which he vented his frustration at the amount of time his estimators wasted sending out proposals that closed at an 18 percent rate.

It would be interesting to analyze, whether you are a salesperson or business owner, how much of your company’s resources are eaten up by proposals that won’t ever close. What would happen to a prospect, serious about doing business with you, if they couldn’t get a proposal? How would that change your sales call?

That said, if you choose to ignore my recommendation to ban all proposals, here are some steps you can take to protect yourself from those who want to steal your information:

·         Commit to building stronger relationships so there is less reliance on the proposal. Weak relationships usually mean that the only way to close the prospect is with a lowball price.

·         Do not submit proposals if there are more than two other competitors who will also submit them. Your odds diminish as more proposals are reviewed. It used to be that the average was three proposals per project and now I find there are between five and 12 in the mix.

·         Get a commitment for a decision–yes, no or “clear future”–before you submit the proposal. You have the most power before they review your information and there is nothing worse than getting a “think it over” at the end. “Think it over” is simply a veiled NO given by a prospect who didn’t have the guts to say it to you personally or who wishes to shop you around.

·         Once a week, conduct a “close the sale or close the file” meeting with your proposals. In this meeting, determine what you should do to move this proposal forward to a sale or close it out as it is dead.

·         Develop the mindset that “knowledge is power” and place a monetary value on your information. It has taken years to gain the knowledge and industry insights that lie within your brain. Make prospects earn it instead of giving it up because you are flattered that they want it.

Bill Bartlett is the president of Corporate Strategies & Solutions, a Sandler Training Center in Naperville, Illinois.

Image by Rob Green

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Going from a Typical Salesperson to a Trusted Advisor in Three Easy Loops


By Ken Edmundson

Recently I was working with a company’s executive team in reviewing the progress we had made together in solving a longstanding, difficult problem that had stunted their growth for years and slowed their momentum. It was rewarding to see their excitement as we reviewed the results of our efforts together. It was a good team meeting and an encouraging feeling to share our successes. I should have left well enough alone, yet I recognized that the true learning and best growth had not gone far enough. I posed three follow-up questions: (more…)

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Email Is Not a Sales Strategy


By Ken Edmundson

I don’t like emails!

Thought I’d get that out on the front end so there’s no mystery as to where I am heading. Now you’re wondering what in the world has happened. What did he do wrong? What caused such a negative reaction to something as simple, routine and harmless as email? (more…)

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Wake Up Call


By Bill Bartlett

I have been doing a lot of traveling during the last two months. In spite of Chicago’s brutal weather and some minor inconveniences, my flights and hotel reservations have gone remarkably smoothly and I have experienced a high level of customer service.

I had, however, an out-of-the-ordinary encounter at my hotel last week. It was late when I checked in and the woman who registered me was unusually chatty. During the 15 minutes that it took to register me she expressed enormous curiosity about my company and the sales profession in general. At the time I didn’t think much about it, left a wake-up call, and retired for the evening. I don’t require much sleep, but I do sleep soundly so when the phone rang at 5AM, I was startled to be awakened by a personal message from the woman who checked me in the night before. (more…)

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Call Higher or Die Slowly


By Ken Edmundson

In today’s environment we have to stop acting and looking like beggars with briefcases and begin to recognize that the name of the game in 2010 is taking business away from our competitors. Let the others wrestle it out at the procurement department and with the low-level influencers.
(more…)

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Before You Approach a Prospect, Consider the Lifetime Value of the Relationship


By Ken Edmundson

If your sales objective is to make the sale regardless, get the biggest order possible and structure the best deal for your company, then your entire focus is really on you. (more…)

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