Sales Head Office // Prospecting

Posted on Mar 24, 2007. Digg It . Del.icio.us It. 1 comment.

2 Right 2 Left Prospecting

If you are doing business in an area of town, an office building or an industrial complex, you should always take 10 minutes and visit each 2 companies to the left and right of the company you are there to see. If you keep some information packages in your car, you will have everything you need, to walk in and have a very brief, informal meeting with the companies around your customers. Don’t be afraid to tell them why you are in the area - visiting customers. Very often, the receptionist is not necessarily the decision maker however when faced with a live person and not a phone call, will be much more inclined to give up information. If you generate a good list of opening questions to ask the “gatekeepers” you should have good success at getting a brief, impromptu meeting with the person who you want to speak with.

If you did this with a portfolio of 70 clients, you will hit about 280 additional prospects during your regular visits. If you close 5% of those, you have just found 14 new accounts. The 14 new customers would represent approximately $xx,xxx in net new business for your region.

Keys to success:

1. Always have marketing packages in your car
2. Make it a daily habit
3. Make a good first impression
4. Find out the best person to speak with in the company
5. Follow up with the customers you visited

 

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Posted on Mar 24, 2007. Digg It . Del.icio.us It. 0 comments.

3 Wide 3 Deep

Expand Your Knowledge and Sphere of Influence

With any account or prospect there is almost always more than one point of contact that you can be working with. The goal of this program is to find as many of these people as possible to increase your penetration and ownership of the account. By focusing your efforts on expanding relationships to 3 different departments and speak to at lest 3 people in each of the business areas, you have a much better chance and maximizing the potential of your accounts.

When speaking to your customers, remember that all departments have document needs; you just need to find out what they are. If you have existing relationships to work with, once they are qualified, use these relationships to help you penetrate new areas of business.
Some areas of business to focus on are:

  • Marketing
  • Human Resources
  • Training
  • Corporate Office (Executive Assistants)
  • Purchasing/Procurement/Strategic Sourcing
  • Logistics
  • Customer Service
  • Sales
  • Promotions
  • Corporate Relations

 

 

Listed in : Prospecting

Posted on Jan 6, 2007. Digg It . Del.icio.us It. 0 comments.

I read a book review in the Globe and Mail on a book from an author named Seth Godin called Small is the New Big. In the review the author is quoted, and I wanted to share the quote with you:

“Hard work is about risk. It begins when you deal with the things you would rather not deal with: fear of failure, fear of standing out, fear of rejection. Hard work is about training yourself to leap over this barrier, tunnel under that barrier, drive through the other barrier and after you’ve done that, to do it again the next day”

What rang true for me in the quote is how relevant it is to the everyday life of successful sales professional. Four hours of focused, proactive prospecting is much harder work than ten hours of reactive selling!

Our success as sales professionals is dependant on Godin’s definition of hard work; personal risk taking and constantly stretching outside your comfort level.


Check out Seth’s blog: http://sethgodin.typepad.com/seths_blog/2005/06/small_is_the_ne.html

 

 

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Posted on Oct 28, 2006. Digg It . Del.icio.us It. 0 comments.

Sometimes I see a sales guru in print suggesting a technique so unrealistic and outrageous I don’t even bother to get upset. I know most sane people would dismiss it.However, here’s one I’ve seen at least three times within the past month, each attributed to a different person, each time in a different publication or on-line source. I must address it.

The tip is always aimed at outside reps setting appointments by phone. These goofball “authorities” suggest when you’re having a difficult time reaching a buyer and getting screened, or they’re not returning calls . . . leave a message on voice mail saying,

“I’m having a difficult time reaching you. I would like to meet with you to show you what we can do for you. I’ll be in your area, and unless I hear from you otherwise, I’ll interpret that as a sign of interest, and I’ll stop by at 9:00 a.m. on Friday.”

You’ve got to be kiddin’ me! Heck, why stop with the appointment? Why not say,

“Since you haven’t returned my messages, I assume you want to buy from me. I’ll ship 30 cases right out to you unless I hear from you before Friday.”

How pompous. How idiotic. When I read nonsense like this, everything else the author says has no credibility with me, since I must assume he’s not speaking from experience.

Recommendation

So why does any salesperson not get calls returned, or get screened out? Simple. Their listeners do not perceive returning the call (or, putting the call through in the screener’s case) as worthwhile, containing anything of value to them.

Many sales people create errors of omission (not saying anything of value to persuade the listener otherwise, or being evasive with a screener) or commission (leaving messages that are salesperson-oriented and product-centered, which scream out, “I only care about selling something!”

As we’ve talked about so many times here, when attempting to reach a buyer be certain that you have a results-oriented statement that will pique curiosity. You don’t need to sell them; just get them curious enough to want to spend a little time with you by phone. You can and should use the same ideas you’d present in an opening statement.

For example,

“Mike, the reason I’m calling is that I understand you’re now considering upgrading your office network. Depending on how far you are in the process, I might have a few ways to streamline that upgrade as well as make sure you don’t overspend on hardware. I’d like to ask a few questions to determine if it would be worth our while to spend some time together. My number is . . .”

Trickery and outrageous tactics only contribute to the stereotype of the typical “salesperson.” Articulate the value you can potentially deliver, and you’ll earn the right to speak with more people who can and will buy from you.

About the Author

Art Sobczak, President of Business By Phone, is a highly respected author and trainer who specializes in one area only: providing business-to-business salespeople–both inside and outside–with the very best tools, tips and techniques they need in order to effectively use the phone to prospect, sell and service. To see what he can do for your business and sign up for FREE weekly TelE-Sales Tips, go to: http://www.BusinessByPhone.com

Listed in : Prospecting

Posted on Sep 29, 2006. Digg It . Del.icio.us It. 0 comments.

I have a great success story from one of my reps that I want to pass on! This fellow met with a large corporate prospect of ours today; the client has 160 stores and 3,000 employees and is one of the biggest opportunities in his territory. The call went well and it looks like we will be providing them products and services on a go forward basis - enough business that they should end up as one of our top ten accounts over the next 12 months.

After hearing about this win, I logged in to our CRM to take a look at the length of the sales cycle with this client. I knew that we had been persuing them for the past three years and wanted to find out why this particular rep had succeeded where a previous rep had failed. The key to closing this client was patient persistance. The previous rep had ultimately found the buyer but had only put 4 activities (calls/emails) in over a 2 year period to try and book a face to face sales call. The new rep, on the other hand, logged a persistant 18 activities over a 5 month period before booking the first meeting. 

I would encourage you to take a look at your stuck accounts/prospects and ask yourself if you have exhausted every possible avenue to gaining an appointment. Throw another call in (and let them know you will be following up on the message if they don’t return your call), send a letter, use their company internet to find a new contact or drop in in person. Eventually you will be rewarded and your sales will grow substantially.

Listed in : Prospecting

Posted on Sep 29, 2006. Digg It . Del.icio.us It. 0 comments.

I’m a firm believer that activity is the key driver behind sales results. There is never a bad time to reach out to clients you haven’t talked to in a while to ask ‘what’s up’. In our sold accounts, sales people can become complacent, not realizing that our end users have short memories. End users and buyers get in buried in their business, running projects, attending multiple meetings and a?short email can secure the opportunity to bid on a good sized project that will drive your numbers up.

I encourage my sales team to have some short, easy email templates set up in their CRM software that simply ask a client ‘hows it going?’. The idea is that every week they take an hour, use an email template, and touch 30 dormant accounts to see if they can scratch up some interest. Where as a call will most likely get screened and go to voicemail and ultimately deleted, a soft email touch will put the reps contact info at hand and easily accessible if something comes along.

It is critical that as a team someone is watching and monitering neglected accounts on an ongoing basis and keeping your businesses’ contact info fresh in your client’s minds. In a lot of cases clients buy based on convenience, and will often send a job to the last person that puts a call into them. Make sure that you are that last person!

Listed in : Prospecting
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