Meeting Objections Head On by Mike Brooks, Mr. Inside
Sales
|
Let me tell
you something about objections -- most of the time they are smokescreens
hiding the real reason your prospect isn’t moving forward.
You know this
to be true. Most of the time when your prospect puts off making
a decision, they will give you some objection that you can't overcome
and when you try you just get a whole new objection and have to
start over.
Isn't that
the way it usually goes?
There
are a couple ways of dealing with objections, and the most effective
is to question and isolate before you answer it. That was last
week's article and if you missed it, Click Here to visit my blog.
There is also
another way to deal with smokescreens and objections, and that
is to meet them head on. In other words, to call your prospect
bluff. Here's how this works with the objection, “I want
to think about it."
When you get
this objection, say:
“You
know ________, whenever I say that to a sales rep I really mean
one of three things. I either don't fully understand it, or I’m
interested but not sold on it yet, or I’m not really interested
isn't, or I have something else in mind, or the timing isn’t
right or something else.
Which is it
for you?"
This is a
great way to handle this objection because it gives them the way
out. They will either tell you they really are interested and
what they need to think about, or they will level with you and
so keep you from wasting any more valuable time. Either way you
win.
I recommend
you use this kind of approach whenever you get an objection you
feel is a stall or serious smokescreen.
Meet it head-on!
Wouldn't it feel better to know the truth now than to spend weeks
chasing and begging?
Of course
it would!
So script
this out to match your product or service and begin using it today.
You’ll feel so much better, and you’ll close more
business. And that’s what’s you’re looking for
isn’t it?
About
The Author:
If you found this article helpful, then you can get 10 more GREAT
TECHNIQUES for FREE by downloading my Special Report, “10
Techniques to Instantly Make You a Better Closer.” You can
read about this by clicking
here: http://www.mrinsidesales.com/report.htm
and you can get it for FREE by signing up for my FREE weekly Ezine,
“The Secrets of the Top 20%” by clicking here: http://www.mrinsidesales.com/ezine.htm
Mike Brooks,
Mr. Inside Sales, offers FREE Closing Scripts, and a FREE audio
program designed to help you double your income selling over the
phone. He works with business owners and inside sales reps nationwide
teaching them the skills, strategies and techniques of top 20%
performance. If you want to Close Business like a Top Closer,
then learn how at: http://www.MrInsideSales.com
Mike Brooks
http://www.MrInsideSales.com
(818) 999-0869
|
Take
Out the Trash by Kelley Robertson |
Is your head
trash piling up? The term "head trash" came up during
a conversation with a colleague and he used the phrase to describe
the mental garbage that affects the performance of most sales people.
Head trash is a collection of limiting thoughts or ideas that prevent
you from taking specific action that will help you generate better
results. Here are a few examples of how head trash can affect you.
In a sales training
workshop I conducted for a specialty retailer, several people stated
that they didn't bother trying to close any business before 11:00
AM because they "knew" that everyone who came into their
store before that time was just comparing their price with one of
their competitors located close by. A sales person in a manufacturing
company told me that her customers would not pay full price for
her products because a major competitor sold similar products for
less money. As a result, she consistently offered her customers
a discount even before they asked. Another sales rep confided that
he believed that the lowest possible price was the only thing his
customers wanted from him and his company. He had held this belief
for so long that nothing could dissuade him from this line of thinking.
Head
trash can affect you in different ways. During a morning workout
I caught myself thinking that I could not complete a particular
exercise and this self- limiting thought prevented me from continuing.
Yet, on most other days, I breezed through the workout with much
less strain and effort. From a sales perspective, if you believe
that a prospect will not be receptive to a new product, idea or
solution, your ability to present that idea in a positive manner
is greatly reduced. I have seen sales people talk to customers at
great length and at the end of their conversation ask, "You
don't want to order this do you?" They have convinced themselves
even before they ask for the sale that the customer will not be
interested.
The cause of
head trash varies. Extreme fatigue from lack of sleep or illness
is one common cause because your physical well-being contributes
to a less- than-optimistic outlook or mindset. Another cause is
associating with negative-minded people. I once worked with an individual
who always saw the glass as half-empty instead of half-full and
after even a brief conversation with him, I always felt drained
and pessimistic.
The most common
cause of head trash is the experience you have had with a particular
task or assignment. For example, you may be required to cold call
to generate new leads and prospect. However, if your experience
with cold calling has not been positive and you have failed to find
qualified leads then picking up the telephone will be a grind and
you certainly will not enjoy making the calls. And, when you do
eventually pick up the telephone, your tone will not convey the
desired message to your prospect.
To achieve the
results you deserve and are capable of it is essential that you
dump your head trash. While this is easier said than done, applying
a few techniques will help.
First, focus
on what you CAN do. With a positive outcome. Instead of thinking
of the negative aspect of the task, concentrate on the best possible
outcome. Let's return to the cold calling example for a moment.
If you put yourself into the mindset that making these calls will
generate new business, or at the very least, that they will help
you connect with new and interesting people, your willingness to
invest in this task will dramatically improve.
Next, take action
immediately. Most people procrastinate when head trash invades their
thinking and this prevents them from moving forward. However, taking
one step or small action supersedes the desire to remain complacent.
I believe it was Confucius who said, "A journey of a thousand
miles begins with a single step." I have learned from experience
that making a difficult telephone call eliminates the need to procrastinate
and stimulates my desire to take further action throughout the day.
And, as I continue to take action, the trash that may have collected
in my head is emptied.
It is also important
to associate with action-oriented people who support your goals
and objectives. I start the week by talking to a good friend of
mine every Monday morning. During our conversations we discuss the
challenges from the previous week and explore options and ideas.
I also belong to a Mastermind group and when we meet each month,
we help each other look for new opportunities within our respective
businesses. All of these conversations help eliminate my head trash
and motivate me to try new approaches and apply different ideas.
Take out your
trash and watch the difference in your results.
© 2008
Kelley Robertson, All rights reserved.
About
The Author:
Kelley Robertson, author of The Secrets of Power Selling helps sales
professionals and businesses discover new techniques to improve
their sales and profits. Receive a FREE copy of 100 Ways to Increase
Your Sales by subscribing to his free newsletter available at www.kelleyrobertson.com.
Kelley conducts workshops and speaks regularly at sales meetings
and conferences. For information on his programs contact him at
905-633-7750 or Kelley@RobertsonTrainingGroup.com.
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3 Hard-Earned Sales Lessons from the School of Hard Knocks
by Jill Konrath
|
The pathway
to sales success is strewn with lost opportunities, embarrassing
moments and downright stupid mistakes. In my opinion, one major
difference between top sellers and average ones is their ability
to turn these disasters into growth opportunities.
Painful though
it might be, top performers revisit their gaffes to figure out
how they can avoid similar outcomes in the future. Scarred, but
not beaten, they gradually learn what it takes to be successful.
I know. I've
been there. Over the years, I've had more than my share of blunders.
And just the other day, some of my biggest ones came flooding back
to me as I was driving to do a training program for a local printing
company.
When I exited
the highway onto Como Avenue, I was immediately transported back
to my days as a Xerox sales trainee when I covered the 55414 zip
code. It's where I learned many invaluable lessons that I still
embrace today.
Lesson
#1: How to Get Unstuck
After finishing the Xerox training program, I was assigned to follow
Jim Farrell for several weeks to learn the ropes. But finally the
day came when I was sent out on my own.
At 9 a.m., I
pulled up in front of Quality Products to begin my cold calls. But
I couldn't get out. I was terrified and tongue-tied, convinced that
my sales career was over before it even began. After nearly 30 minutes
of being paralyzed in my seat, a song wiggled its way into my mind:
"I Have Confidence" from the movie, The Sound of Music.
I started singing
to myself, quietly at first, then louder and louder. I was particularly
enamored with the refrain, "I have confidence in confidence
alone, and as you can see, I have confidence in me."
I really didn't
believe the words, but they got me moving off my "stuckness."
I pulled out my cold call plan that I'd studiously prepared the
night before and reviewed it. I practiced my opening lines again
and again. Then I got out of the car and went in. By the end of
the day, I'd made over 20 cold calls and uncovered some potential
prospects.
Over the years,
I've been confronted with many tough situations that I didn't know
how to handle because I lacked the requisite knowledge or experience.
I've learned that you can't know everything before you start. And
I've also learned that "movement" is key to discovering
the answers.
Lesson
#2: How to Get to Higher Level Decision Makers
One of the prospects
I uncovered while cold-calling was Trussbilt, a company directly
across Como Avenue from Quality Products. They've been gone for
many years, replaced by the printing company where I was doing the
training. The deja vu I felt when I walked into their offices was
palpable.
Back then, I
was working with Tinsey, a very articulate woman who told me she
was in charge of the copier decision. Shortly after our first meeting,
I read a book that said salespeople should only work with the top
dogs - not their underlings.
Since my contact
was an administrative assistant, I realized I needed to rectify
the situation immediately. I called Mr. Big directly and set up
a time to meet. Then I prepared like crazy to ensure I did a great
job.
Unfortunately,
I never had a chance to capitalize on this opportunity. Tinsey came
to the lobby to escort her boss's visitor to his office. When saw
me, she demanded to know why I was there.
"I'm here
to see Mr. Big," I replied, suddenly not so sure if the tactic
I'd taken was appropriate. I was right. She proceeded to yell at
me like I've never been yelled at before.
I was appalled.
Mortified. And suddenly very light-headed and shaky. I fainted
dead away right there in the middle of the lobby.
As you can imagine,
I never did business with Tinsey or Trussbilt. But I sure did learn
that once you're working with someone it's never appropriate to
go around them without their knowledge. They'll get mad. Furious.
It's a normal human reaction.
Today, to ensure my ability to work with whomever I want in an account,
I always tell prospects, "Usually when I'm working with clients,
I need to talk with the VP of Sales, Regional Sales Directors and
sometimes even Marketing." Doing it this way prevents the people
problems that can derail your sales efforts.
Lesson
#3: How to Cut the Crap & Net it Out
The Kaplan Company
was just down the street and around the corner from Trussbilt. When
I walked in the front door, there were at least 30 desks filled
with women who were busy doing order entry and handling customer
service issues.
I told the receptionist
that I wanted to speak to the person who made copier decisions.
After a quick check with the boss, she escorted me past all those
working women into his office.
"Sit down,"
he said gruffly. "You've got 5 minutes. Talk."
"If you're
busy, I'll come," I said, trying to be gracious.
"Nope,"
he stated. " 5 minutes. Tell me why I should buy your product.
Your 5 minutes is starting now."
I mumbled. I
stumbled. I tried to engage him in conversation. I tried to explain
that I needed more time. He wasn't one bit interested. After 5 minutes,
he arose and said, "Your time is up. You can leave now."
That ticked
me off. I told him he was rude and obnoxious. Then I turned and
stormed out of his office past all those women, shouting back
at him, "I'll never sell you a Xerox machine. You don't deserve
to work with Xerox."
I know it's
hard to believe, but I really did lose my cool. And I'm also sure
that guy never wanted to work with Xerox again. But he had a point.
I couldn't concisely state why he should listen to me.
I wanted to
build a relationship and warm up the call. That made me feel better.
He was a busy man who chose to use his time judiciously. I didn't
respect his needs. After that cold-calling disaster, I learned to
net it out. That lesson is even more important today than it was
years ago.
The School of
Hard Knocks can be brutal. If you're making sales calls, you know
how tough it can be. Every time you're knocked down or out, you
have to make a choice about how to react. Are you going to get up
again? Will you learn from the situation?
The hardest
thing in the world is to look at your own complicity in the situation,
yet that where the maximum growth is for you and ultimately, the
key to your long-term sales success.
About
The Author:
Jill Konrath,
author of Selling to Big Companies, helps sellers crack
into corporate accounts, shorten sales cycles and win big contracts.
She is a frequent speaker at national sales meetings and association
events.
For more article
like this, visit http://www.SellingtoBigCompanies.com
. Get a free Sales Call Planning Guide ($19.95 value) when you sign
up for the Selling to Big Companies e-newsletter.
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Know When to Quit... But Don't Quit Too Soon by Brian Jeffrey,
CSP
|
Most salespeople don't know when to quit. They don't know when to
quit talking... when to quit selling... and when to quit trying.
They talk too much, sell too long and give up too soon.
What's worse,
not only do some salespeople give up too soon, they often don't
even get started! In a survey which SalesForce conducted at a major
trade show, we found that 85 percent of the companies visited didn't
follow up on the lead we left at their booth.
The
Rule of 45
These salespeople are obviously not familiar with the Rule of 45
that says 45 percent of all leads turn into a sale for someone.
Better that "someone" be you. Unfortunately, a lot of
salespeople believe only 10 to 15 percent of their leads result
in sales. Why? Because they give up on the opportunity and quit
selling too soon.
Buy
or Die
Professional salespeople stay with an opportunity until the prospect
either "buys or dies." They don't quit too soon.
Here are some
interesting statistics compiled by the Sales & Marketing Executives
Club of Los Angeles.
Number
of calls to close a sale:
- 2% close
on the 1st call
- 3% close
on the 2nd call
- 4% close
on the 3rd call
- 10% close
on the 4th call
- 81% close
on the 5th call
Notice that
only 19 percent of the sales were closed by the fourth call. The
majority were closed during the fifth call. Is five the magic number?
Not necessarily, but these statistics tell us that the longer we
hang in, the better our chances are of closing the sale.
So why don't
we hang in longer? Who knows, but the majority of salespeople don't.
Just look at
these statistics from the Dartnell Corp.
When salespeople
quit:
- 48% quit
after the 1st call
- 24% quit
after the 2nd call
- 12% quit
after the 3rd call
- 6% quit after
the 4th call
- 10% quit
after the 5th call
See what I mean
by quitting too soon -- 81 percent of sales are made after the fourth
call, by which time 90 percent of salespeople have quit calling!
Why
Do We Quit?
In some cases, it's that four-letter word--FEAR--that holds us back.
Fear of rejection. Fear of being too pushy. Fear of making a pest
of oneself. Fear of annoying the prospect. You get the idea.
On the other
hand, some salespeople quit because they're just plain lazy. But
the main reason many salespeople quit working a sales opportunity
is because they lack discipline and persistence.
The
"P" Word
Persistence is the key. It's the ability to hang in after others
would have given up. It means being like a postage stamp and sticking
to the job until it's done. This doesn't mean wasting time with
a non-opportunity. It means staying with a properly qualified lead
until the prospect buys or the opportunity dies. Keep in mind that
the older the sales lead, the less competition you'll have because
most others will have given up. The odds are in favour of the persistent
salesperson.
Being persistent
does not mean being a pest, another "P" word. The best
way to make sure you're not being a pest is to have a reason for
your call or visit, other than just following up on the opportunity.
Never sell (or follow up) empty-handed.
Using value-added
selling techniques will ensure you get a warm reception from your
prospect. So make sure you have something of value to offer your
prospect when following up. That "something" might be
a relevant article, additional or new product information, a revised
quotation, or simply some information that is of interest to your
prospect.
Give
Them An Out
What if you've persisted, but the prospect still hasn't bought or
told you it's a no-go? Many prospects don't like to be bearers of
bad news and will avoid telling you that they have no intention
of buying. One way of finding out is to simply ask your prospect.
If you suspect that your prospect might be inadvertently stringing
you along, try the following tactic.
Call your prospect
and say something like this, "Steve, I've been following up
with you for some time now and I don't want to be a pest. Should
I close my file until a later date or would you prefer I continue
to monitor the situation with you?" This gives your prospect
an out without him feeling he is offending you.
On the other
hand, if the opportunity is still alive and you are being considered,
the prospect is more likely to tell you to stay in touch. And now
you have his permission to continue with your professionally persistent
efforts.
Persistence
Pays
Selling is difficult. It's easy to give up too soon and many salespeople
do. But persistence pays, and it can pay big for those sales professionals
who know when to quit but don't quit too soon.
-0-
About
Brian Jeffrey
Brian Jeffrey is a sales trainer, sales management consultant, columnist,
and author of numerous e-books as well as over 100 articles on sales
and sales management. His company, Salesforce Assessments Ltd, helps
sales managers avoid costly hiring mistakes by providing specialized
sales assessments and other tools to better match the salesperson
to the job. For more information visit www.SalesforceAssessments.com.
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