Archive for May, 2007

You Can Make Money or You Can Make Excuses

“Do or do not. There is no try.” 

              -Yoda, Jedi Master

How do you react when you are unsuccessful in your attempt to make a sale? Do you blame external factors or do you accept personal responsibility for your lack of success?  In selling you can either make sales or you can make excuses but you can’t make both. Here are the top 25 excuses sales people make for poor performance. How many of them are you guilty of?

1.  My quota is too high.
2.  My territory is too small.
3.  My company doesn’t advertise enough.
4.  Our marketing material is out of date.
5.  Our price is too high.
6.  We don’t get enough leads.
7.  I got undercut on price..
8.  The gatekeeper won’t let me through.
9.  Money is tight.
10.  The economy is slow.
11.  Businesses are not spending money.
12.  My prospects lie to me.
13.  We have a long sales cycle.
14.  Prospects need time to think about it.
15.  I don’t like making cold calls.
16.  They are happy with their current supplier.
17.  Rejection wipes me out.
18.  We’re not competitive.
19.  They’re comparing us to the competition.
20.  They just signed a new contract.
21.  I can’t get through voice mail.
22.  They won’t return my call.
23.  They have to take it to the committee.
24.  They were just shopping price.
25.  They used my proposal to get competitive pricing.

 In this modern era of increased competitive pressure, globalization and technology old school selling methods and processes are not good enough. If you want to join the ranks of the sales elite quit making excuses for poor performance and accept the fact that your sales skills are not good enough; not nearly good enough. When you accept this truth you can begin to make real progress.

Want to know how to get started?

What Kind of Sales People Do You Have Working for You

Like the optimistic goal of finding the perfect husband or wife, the hunt for the perfect sales person goes unfulfilled.

For as long as sales people have roamed the earth there have been “winners” and “losers.” For just as long, sales managers have been searching for the elusive “perfect sales person.”

Sales managers perspectives must change. Instead of looking for the perfect person, they must learn to identify and hire sales candidates that have the basic skills and talents to become successful, and then apply superior sales management practices to compensate for the shortcomings new hires have. The ability to recognize, communicate, coach and motivate each of the four types of sales personalities will ultimately determine a manager’s success.

Let’s take a look at the four types of Account Executives and how to manage each:

Hunters

These types are resilient when it comes to rejection. They have a sense of urgency and close hard and fast. They push for the sale, collect the check and move on to the next kill. They’re competitive, positive, high energy, dynamic, fast passed, results oriented and they have very high egos.

They are not good relationship builders or team players and they are demanding.

They have a psychological need to convince others to their way of thinking and their greatest strength in selling is closing new business. They can be your biggest advocate or your worst nightmare.

Management Key: Have them stay out of the office and work on their own where they won’t have to interact and upset the rest of the staff.

Farmers

Farmers have a retail sales mentality and would rather respond to customer requests than initiate contact. When they do respond it is in a low key-key friendly manner. They do not really consider themselves to be sales people. They take rejection very personally and spend a lot of their time trying to work through their feelings of rejection. Farmers will not cold call because they cannot psychologically tolerate rejection. They view cross selling or up selling as imposing on the customer. Their belief is that if someone wants to buy something they will initiate the contact. They value their customers and take wonderful care of existing clients. They are reliable order takers and make great customer service representatives.

Management Key: Give them accounts that require a lot of customer service and relationship building.

Account Penetrators

These sales people are superb long term relationship builders because they possess great patience. They are able to balance the sense of urgency to get new business with the patience to develop new relationships. Their emphasis is on creative problem solving and they excel in consultative selling environments.

They create customer loyalty because of their relationship skills. They are wonderful cross sellers and up sellers and will pursue those opportunities once they have penetrated an account.

Penetrators are political animals who can read who the players are and successfully navigate the political bureaucracy within organizations. They have boundless energy for socializing and networking and see themselves as consultants not sales people.

Their shortcomings are that they are not prospectors and will resist cold calling unless made to do so.

Management Key: Give them prospects and accounts that typically have long sales cycles and multiple layers of decision making.

Charismatics

These folks seem to be living on the edge and almost out of control. They have limitless energy and are in a constant state of movement. They are great initiators of contact or action. They are excessive in every thing they do. They start lots of things but never seem to finish any of them. They are well liked, friendly, social, and outgoing. These folks are master prospectors and will burn up the phone lines and fill up the pipeline. They appear a lot like a Hunter except they are lacking in the ability to close.

They lack focus, are impulsive and overextend themselves to the point of exhaustion. They have a tendency to over promise what you can deliver because they think any thing is possible. They continually shoot themselves in the foot by being totally disorganized and are terrible time managers.

Their sales forecasts are often not worth the paper they are written on. They are the company leaders in pending files and deadwood and they are the mortal enemy of the accounting and traffic departments.

Management Key: Provide strict accountability for their activity and provide plenty of structure and processes for them.

Each of these types of sales people need to be managed differently. A sales manager must not only be able to recognize who she has working for her but she must know how to manage each style and temperament for maximum performance. The management style that works well for one of these types will not work for the others. In order to become more effective, sales managers need to spend time upgrading their knowledge and skills of psychological typing, human relations, coaching and communication. Sadly, most of them are unwilling to do so.

If You Don’t Know Where You Are Going…You’ll Probably Get There

Imagine going up to the airline ticket counter and telling the ticket agent you would like to purchase a ticket to go on a wonderful vacation, but you aren’t sure where you want to go or when you want to go. What do you think their response would be? Maybe something like, “When you figure out where you want to go and when you want to go come back and I’ll help you. Now please step aside so I can help the next person in line.”

In Lewis Carol’s Alice in Wonderland there is a wonderful passage where the Cheshire Cat addresses this same issue by saying to Alice, “If you don’t know where you are going any road will take you there”.

In my coaching practice, one of the issues I am constantly presented with is that business owners and salespeople don’t have specific answers to the questions: “Where do you want your business to be?” and “When do you want it to be there?” When I ask these questions the answers I hear are things like: “I want to make more sales,” “I want to make more money,” “I want my business to do better” or “We want to grow our sales and profits”.

Those answers are not good enough. They are vague, non specific and non measurable. They are not realistic or attainable. Successful people always begin with the end in mind. They answer the questions where, when and why before they start trying to figure out how. Failing to follow this process your efforts and activity produce the same results as a dog chasing his tail.

Where To Begin

Spend some quality time developing a written blueprint for your future:

Grab a legal pad and begin writing a description of your ideal career. Of all the kinds of work you could be doing, what do you want to do the most? How many hours do you want to work each week? How would you like to divide up your working time? Then think about what kind of people you would like to interact with. Who are your ideal clients, customers, colleagues and employees? Next imagine the physical environment in which you would like your business to operate. What would it look like? How large a space would you want? What would it look and feel like? What level of business would you have? How much revenue and profits would you want? How many clients, billable hours etc. would you have? What would be the mix of clients or services that you would provide?

Write your answers in present tense. Don’t worry if your picture is a little fuzzy or you can’t answer all of the questions. You are striving for process not perfection. This exercise will help you develop the focus necessary to achieve your hearts desire. You will find that this exercise is not easy because it takes a lot of time and effort, and some deep soul searching.

Put it aside and let the ideas percolate in your mind. After a few days, read your draft again. New thoughts and ideas will surface, along with a clarity and focus that was not present earlier.

Fine tune the original, then repeat the process. Continue the process over and over until you can clearly articulate your business plan. Share your thoughts and writings with trusted friends, mentors, and family. Each time you repeat the process, you will become more focused and energized to achieve what you have written.

How Does This Work?

The process of writing ideas down activates an unconscious part of the brain called the reticular activator. This part of the brain is responsible for allowing external stimuli that is consistent with your vision and goals to enter the prefrontal cortex, the seat of planning, judgment, and decision making. In the absence of clearly defined goals, the brain has no mission, and will act in an undisciplined, lazy manner. If you want your brain to serve you and help you attain your dreams, you must learn to discipline it by giving it clear instructions.

Now that you know what top performers do, you have a choice: You can consciously choose to become one of the top 3 percent of people who pursue personal excellence; or by default you can join the 97 percent of mass of humanity that spends their lives tolerating mediocrity. I hope you choose to become one of the 3 percent.

More Effective Sales Management

Please join us for a 90-minute interactive seminar that will show you how to recruit and hire top sales performers. Your expert presenter will give you proven tips and techniques that you will be able to implement immediately in your organization.
In this no-holds-barred presentation you’ll learn:

• How to Improve the Hiring and Recruiting Process
• The Four Pillars of Effective Sales Management
• The 7 Characteristics of Top Producers
• How to Implement Effective Accountability
• How to Motivate Your Sales Team to New Heights
• How to Become a Better Sales Coach
• How to Determine If Your Sales People Have the “Right Stuff”

When: Tuesday May 15th, 8:15 to 9:45 AM.

Where: The Murrieta Chamber of Commerce located at 41870 Kalmia Street, Suite 135.

Investment: $59 for two or $45 for individuals

Included: Hot coffee, warm muffins and a peek at a recruiting, training, motivating and retention approach which will quietly tilt the axis of your sales management world. You may even forget to finish your donut!

You’ll also be armed with a copy of our CD “Golden Keys to More Effective Sales Management” just to remind yourself that you heard everything correctly!

Even if you are not in management the concepts we will discuss will help you understand yourself as you grow in your sales career.

Are you itching to grow your sales? Do you have friend itching to grow theirs? Please call or email me today to reserve your seat. Attendance is limited to 25 and we sold out last month.

Wishing you the gift of over-achievement,

Wes Schaeffer 714.369.8004
“The Sales Whisperer” wes@newschoolselling.com

www.NewSchoolSelling.com

“Great spirits have often encountered violent opposition from weak minds.”
Albert Einstein

“Prospecting to Fill the Pipeline” Murrieta, California

Attend this workshop and you will gain new insights that will help you gain control of your prospecting fears and turn a potential problem into an opportunity.

Learn how to avoid rejection by building a bullet-proof prospecting plan. Develop new strategies and techniques that will help you use voice mail as a prospecting tool and turn gatekeepers into friends

In this workshop you will learn proven skills and methods that will help you:

Gain More Trust and Credibility
Increase Your Confidence
Eliminate the Fear of Rejection
Design a Personal Prospecting Plan
Develop an Effective 30 Second Commercial
Use Voice Mail As a Prospecting Tool
Turn Gatekeepers Into Friends

When: Tuesday, June 5th 8:15 to 9:45 AM.

Where: Murrieta, California Chamber of Commerce located at 41870 Kalmia Street, Suite 135.

Investment: $59 (2 for 1), $44 individuals, $25 for past attendees

Call: 714.369.8004 to register

Included: While you’re sipping on hot coffee and chewing on warm muffins you’ll get a peek at a sales prospecting approach which will quietly tilt the axis of your world. You may even forget to finish your donut!

You’ll also be armed with a copy of our CD “Prospecting To Fill The Pipeline” from the presentation just to remind yourself that you heard everything correctly!

Please reserve a seat for your best friend and yourself today. Attendance is limited to 25. Register early because the last two workshops sold out.

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