Posts Tagged ‘sales call’

Small Actions Can Make a Big Difference

Friday, May 28th, 2010

Selling in 2010, especially as the economy grows again, hinges on how you handle those critical junctures in your interactions with sales prospects. As I’ve said, what you say or do during those junctures can most impact the outcome, moving the deal more quickly to a close or immediately breaking it. The first 120 seconds with a prospect, whether on the phone or in person, is the most important or “golden” juncture — that’s when what you say or do you creates that first impression.

So, now you’re thinking, “Don’t I have enough pressure going into my sales calls?” While focusing on the critical junctures may seem daunting, it’s actually easier than you think to say and do what will win over the prospect. You don’t have to be a super-bright and entertaining conversationalist or wow the prospect with a slick PowerPoint and a stack of collateral. Mainly, you need to be prepared and you need to be proactive.

Your focus may be on your presentation of your company and its product or service, however you need to also keep in mind that minor behaviors during your interactions with the prospect can reveal more than your slides do and have more influence on the prospect’s ultimate decision to buy from you.

For example, I had sat down with a prospect in a conference room at their office to start our first meeting. To get settled in for taking notes and answering my prospect’s questions, I took off my suit jacket and neatly rolled up the sleeves of my shirt. I later won this prospect’s business and when I did the due diligence of asking them why they selected my company, they told me that removing my jacket and rolling up my sleeves (among other things) had made an impression. It showed to them that I was ready to go to work and that I was a true consultant and not some slick salesperson.

So you see how easy it is for the smallest action to have an impact on the direction your sales call or meeting takes. An action such as this demonstrates to the prospect that you are sincere about wanting to work with them and it can help you establish trust. Conversely, behavior that indicates you’re not listening (e.g., not answering the prospect’s questions or interrupting them), talking about irrelevant subjects, talking fast, and making poor eye contact gives the impression you are not totally engaged, disinterested, in a hurry to close the sale or trying too hard.

You want to proactively include behavior such as what I describe in the example as you interact with your prospect; but at the same time be yourself and make sure you are tuned into the prospect’s current mindset. It’s really easy to incorporate the behaviors that will have a positive effect when you remember to be prepared and be proactive.

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Nurturing Relationships is Key to Sales Success

Wednesday, May 19th, 2010

If there’s a sales professional you know who is consistently closing deals and exceeding sales goals, chances are that person is skilled at connecting with his/her contacts and nurturing those relationships. The essence of great selling is the relationships you establish and build, primarily with your prospects, but also with your current customers and with associates in your business network.

You don’t need to be a social butterfly or leave your specific human relations comfort zone to be great at relationship-building. All you need to do is employ the following tactics in your sales approach and you’ll see that making and fostering connections is a natural process which can lead to rewarding relationships with long-term advantages for both you and your contacts.

1. Find out what your prospects’ goals, issues and challenges are at the outset of your first call or meeting. By proactively inquiring about and learning your prospect’s needs, you demonstrate you care but also have the information you need to best respond to those needs and provide a solution.

2. Establish and maintain trust – this is very important to building and maintaining relationships. You want to make sure you protect the relationship you’ve formed by “walking the talk” — for example, if you tell your customers they can call you 24/7, be available to accept the call 24/7; or, if you promise to deliver something by a specific date or time, make sure you deliver on that promise.

3. Focus on what’s in it for them. As discussed in my last blog post, taking the opportunity to explain “what’s in it for them” is a critical juncture in every sales interaction. You need to convey to the prospect the value they’ll receive by buying from and working with you, and that point needs to be part of your core sales message in the early stages of your first call or meeting.

4. Listen. This is so vital to cementing your relationships and perhaps the greatest gift you can give any prospect. Your prospects are accustomed to having sales people talk at them and recite their product’s or service’s features without getting an understanding of their problems, needs or goals. By listening, you convey respect for what they have to say and in turn earn theirs.

The sales profession is crowded with people who are focused on just telling the customer about their product or service and making the sale — not on the customer. By interacting with your prospects in a heartfelt way, you’ll make that essential connection much more easily and help shorten your sales cycle. By continuing this approach as prospects become customers, you will strengthen that connection and create enduring relationships that will benefit you in multiple ways.

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The Golden Moments in Business Development

Thursday, March 4th, 2010

There are many companies (notably, those in the business of selling professional services) who have a business model structured around “business development.” They use the term “business development” rather than “sales” because their focus is growing the business through expanding the base of customers or clients using their service and finding leads on potential customers/clients. Meanwhile, there are companies who may have a “business development” person or team as well as people in a “sales” capacity. In either case, business development people are also in the practice of selling and follow the same procedures as salespeople.

Typically, the people who are part of a company or firm’s business development team are sales people by trade; they have a sales background and a sales person’s mindset. Also, they use a sales person’s approach and tactics, such as cold-calling prospects, scheduling presentations and engaging prospects in follow-up discussions to win the deal or business.

Although my book, “The Golden 120 Seconds of Every Sales Call” and my consultancy look at the “sales” process, the principles I discuss also apply to business development.

The person engaged in “business development” (he/she could be the business owner or someone in the role of heading up business development) is “selling” themselves, their company, their brand and their value proposition as well as the key features of their service or product. They’re trying to make an impression as, like the salesperson, they are often trying to set themselves apart from companies who are competing for the business.

For those of you in business development, there are also those critical junctures with a prospect — those golden moments — in which what you say and do can impact whether you win the prospect’s business. These junctures are brief and can come and go before you have recognized them and grabbed at the opportunity and acted upon them.

Like the sales person, preparation prior to a call or meeting is crucial, including planning how you’re going to engage the prospect in the first 120 seconds. You need to employ proactive behaviors to move things forward in your business development interactions, however you want to make sure you observe proper protocol for dealing with and winning over prospective clients.

By using the approach of acting on “The Golden 120 Seconds,” you can gain the confidence, the focus and the edge you need to close more business.

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The Golden 120 Seconds When You’re On the Road

Monday, February 15th, 2010

The critical junctures in which sales people can make or break the sale don’t necessarily occur during the actual sales call or meeting. As I’ve discussed in prior blog posts and in my book, “The Golden 120 Seconds of Every Sales Call,” preparation — what you do in advance of the sales call/meeting — is vital, as is remembering that the sales call begins the moment you drive into your prospect’s parking lot and doesn’t end until after you drive away.

It’s this later point I now want to focus on.

When traveling to a prospect’s office, you may not be just using a car — you may be also taking public transportation such as a train, plane or bus. If that’s the case, watching your behavior starts as soon as you enter the terminal, occupy public waiting areas and especially once you are on the plane/train/bus itself.

My public relations person recently shared with me this scene she witnessed on a flight from Boston to Florida: Two gentlemen sitting in the aisle seats across the aisle from her (one was seated behind the other) were talking quite loudly about the meeting they were going to with a well-known company. It was clearly a sales presentation and the man in the front seat had a laptop open and sticking out in the aisle so the man behind him could see it. They were working on their presentation and discussing their strategy for closing the sale, frequently mentioning the company’s name and the names of individuals who would be attending the meeting. There were a couple times in which the tone of their discussion with respect to this prospect sounded less than positive.

So many things occuring in this scenario are terribly wrong!

1. These men were talking publicly about their sales prospect.
2. They were mentioning the prospect company and meeting attendees by name (again, publicly).
3. They were displaying their sales presentation so others could see.
4. They were discussing publicly their strategy for closing this sale.
5. They were allowing a derogatory tone to enter their discussion which others could hear.

What if someone from the prospect company was on the plane (which is very likely since the two men were traveling to the prospect’s location)? Or someone who knew the company, the people who worked there or the people who were mentioned in the two salesmen’s discussion?

Just like the parking lot scenario in which the two salesmen were spitting in full view of the prospective client’s office, you need to watch your behavior when traveling via public means to a sales meeting. You just never know who might see (or hear) you.

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To Close the Sale – Your Sales Team Must Be On Their Best Behavior

Friday, January 15th, 2010

I can’t emphasize how important it is for salespeople to be on their best behavior.  As obvious as that sounds, I’ve seen deals lost after a great meeting because the salespeople are spitting in the parking lot.  Don’t leave the customer with a bad impression or you’ll lose the sale.  In this video, I talk about how my sales team lost a big contract after a fantastic meeting with the client.  We had nailed it, and the key internal champion of the organization pulled me aside afterward and said, “Peter that was really good.  We want to move ahead to contract and implementation.  We’re going with you.”  Watch the video to find out what went wrong!

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The Power of First Impressions: The Most Important 120 Seconds of Every Sales Call

Tuesday, January 12th, 2010

I talk about “The Golden 120 Seconds of Every Sales Call,” yet there are several junctures during a sales call or meeting that can be considered “the golden 120 seconds.” And none of those junctures is more important than the first 120 seconds of the sales call.

We all know how important first impressions are in a new relationship or situation. They can truly make a difference in how the relationship proceeds and the situation unfolds. But there is probably no instance in which making a first impression is more important than a sales call. A poor first impression will have you trying to dig your way out of a hole, and you probably won’t sell anything — no matter what you’re selling.

I know this fact may be intimidating! The good news is you have complete control of the situation and through preparation, practice and confidence building, you can be sure you are putting only your best foot forward and making an impression that will get you off to a positive start with the prospect.

Preparation involves a number of steps — the most important of which is creating a framework of what you’re going to say and how you’re going to say it during those first 120 seconds. Preparation involves both mental and tactical preparation and should include the following elements:
• Researching the prospect beforehand;
• Determining objectives for the meeting;
• Knowing who will be at the meeting;
• Developing the meeting collaterals; and
• Setting the agenda and forwarding it to your prospect before the meeting.

With these elements in place — as well as the elements of body language discussed in my December 30th blog post — you can produce a flawlessly-executed opening during the all-important first 120 seconds of your sales meeting. Those two minutes will be the springboard for the rest of your meeting, so make sure you have water in the pool before you jump in. Because how you present yourself will not only set the tone for the meeting, but will make or break your selling opportunity.

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