Posts

MAKE UP YOUR MIND AND IMPROVE YOUR SALES - PART 4

Image
The third piece in this five-part series zeroed in on the importance of honesty with our customers and channeling our efforts intelligently to obtain maximum results. I also pointed out some ideas on how to create win-win encounters with customers. These encounters lead to successful business results for the customer and for you. Here, in part four, I will cover why simple, straightforward presentations and proposals help you win more business. I’ll also discuss why helping and guiding your customers in an organized way will lead to solid customer relationships and higher levels of customer satisfaction. These are points 7 and 8 from the Make Up Your Mind Essay… 7. That the power of your sales presentation will always lie in its simplicity. All business segments have their unique “speak.” People who might be listening to a conversation between two individuals in the digital printing industry may think they are speaking in code. To them, the conversation might as well be in another la...

MAKE UP YOUR MIND AND IMPROVE YOUR SALES - PART 3

Image
The second article in this series continued to elaborate on the key attitudes salespeople should adopt if they want get to the top and stay there. It focused specifically on the importance of managing, versus being managed by your time. The piece then went on to discuss how critical it is to know precisely what your time is worth. In the third installment of this five-part series, I will cover why honesty and intelligence in our sales efforts will result in financial and professional rewards. I’ll also discuss why each sales interaction with your customers must be a win for both of you. These are points 5 and 6 from the Make Up Your Mind essay… 5. That honest, intelligent effort is always rewarded. Each year a survey is conducted among customers across a diverse number of industries. These surveys are focused on what customers value and demand from the salespeople they decide to work with and trust. Guess what attribute tops the list year after year after year? Honesty. None of us wan...

MAKE UP YOUR MIND AND IMPROVE YOUR SALES - PART 2

Image
In the introductory article of this five-part series, I introduced a sales motivation piece I uncovered years ago entitled  Make Up Your Mind  and the positive impact it’s had on me as a sales professional. I elaborated on the importance of being sold on yourself, your company and your products as a foundation for sales success. I also covered how critical it is to focus on the needs of your customers versus any compensation you might receive from them for doing business with you. In this installment I want to cover the importance of efficient time management and knowing what your time is worth. These points, which are the third and fourth points in the  Make Up Your Mind  essay, are the next key building blocks you need to put in place as you work to join the elite corps of sales professionals. 3.  That time is money and that learning to manage your time productively will be one of your most profitable achievements. Many salespeople make the f...

MAKE UP YOUR MIND AND IMPROVE YOUR SALES

Image
I’m a big reader. I was fortunate enough to have worked for a company early in my career that put me through a rapid reading course. Their one-time investment in me has paid life-long dividends for my career. I’m able to read and digest large amounts of information efficiently. Why tell you this? Because I’ve used the training I received to find and read a ton of excellent articles on how to be a sales professional and not just a salesperson. One brief, yet impactful piece I’ve come across during my 32 years in sales and sales management is entitled Make Up Your Mind. I’ve never been able to identify the author of this little gem, but following the simple advice it provides transformed me in several important and valuable ways. The benefits it has given to me pale in comparison to the resulting value it has delivered to my customers. You’ll find the piece below. Over the next five weeks I will highlight and expand on two bullet points contained in the article per week. I hope it...

SELLING BEYOND PRICE

SELLING BEYOND PRICE By Gene Lambert “Your price is too high.” These are five words that can strike fear into the heart of many sales people. Yet it’s a known fact that the lowest priced quote most often doesn’t win the business and that low pricing doesn’t keep the customer long-term. Why? What are the key differentiating factors you must be able to communicate to your prospective customer? How do you deliver this message so the customer will fully understand your added value? Let’s take a closer look at this important issue and how to win the business and keep it, not buy it and lose it. Price, Cost, Value You’d be surprised how many salespeople believe these three terms mean the same thing. They don’t. Let’s take a moment to look at the actual definition of these important words in the world of sales: 1.       Price – the sum or amount of money or its equivalent for which anything is bought, sold or offered for sale. What did I pay to obt...

BUILDING A "MOAT"

Image
In my last article, I shared some of my experience on a number of the things that make great sales professionals great. The topic of this piece deserves exclusive attention as a vital characteristic of top level sales performers. Attention to the details involved with helping your customers will build a defensive “moat” around your customer’s castle that the competition will find very difficult to breach. Not everything is an emergency, unless of course your customer thinks it is! Being there when your customer needs you is a key component of your value proposition. Think of it as making your moat as wide as possible. Schedule a specific time with your customer to discuss your plan for being accessible to them. TALK My advice is to make voice contact with you easy for your customers. I like to pick one number for them to use as my contact number. Since I’m always in and out of the office, I use my cell phone number. If I’m in the office I forward my cell there. If I’m out or on ...

THE 80/20 RULE

Image
Most of us in the sales profession have heard of the “80/20 Rule.” The rule states that 80% of the business in a given industry is done by 20% of the salespeople. After 32 years as a salesperson and sales leader, I’ve found this rule, as a rule, is true. In my role as a sales trainer and consultant I’ve taught many salespeople across several markets and these stats have held true. What separates the 20% from the 80%? Do they put in more hours? Maybe. Are they smarter? Sometimes. Is it company politics as the 80% often believe? Rarely. Sales winners share a common set of fundamental skills that get them to the top and keep them there. What are these sales fundamentals and what role do they play in getting a salesperson to elite status? Let’s take a look at what I like to call the “L’s” of professional selling. LISTENING It might come as a surprise to many sales folks that the 80/20 rule comes into play here too. Elite salespeople spend 80% of their time listening and only 20% of ...