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Sunday 26 August 2012

Its Important for us to Provide Account Management



It is my opinion that in order to maintain "ownership" of an account over a period of time the salesperson must maintain contact and document that contact. I would set expectations for the frequency and type of contacts required to maintain that "ownership".

Too often salesperson makes the sale and then moves on to concentrate on new clients or new accounts because they do not perceive a financial gain to be had by simply "maintaining" contact with an account they've already sold -- especially if they are no longer receiving commission or bonus from that account.

This short sighted but distressingly common approach leaves the customer wondering why they gave your company the business.

By maintaining contact and developing a relationship with the customer over time the salesperson positions him or herself to: gain referrals, add new business at the existing account, provide his or her company with valuable feedback regarding the customers perception of his or her company whether they are fulfilling commitments. This obviously greatly increases the chances that the company can retain that account over time. If you never lose a customer all sales become net gains and I've always viewed that as a very good thing.

If they salesperson does not maintain the required level of contact (email, phone, personal, etc.) then they have absolutely no right to regard that customer as "theirs". In that situation the customer is "up for grabs" -- a situation that can cause many problems and make growing that customers business a much more difficult task.


Any good,great salesperson will stay in contact FOR EVER. They can do additional business with the client and also obtain referrals. If they do not stay in contact the client will not have any loyalty.Therefore, no client, no follow up sale.

Charlie Rudd. Corporate Developments.

Wednesday 22 August 2012

Corporate Developments: How to keep consistent with Sales.

Corporate Developments: How to keep consistent with Sales.: The sales profession is a wonderful one, if you can deal with the psychological aspect of dealing with the constant pressure and the ups...

How to keep consistent with Sales.



The sales profession is a wonderful one, if you can deal with the psychological aspect of dealing with the constant pressure and the ups and downs of sales.
For those of you who know what I mean and have experienced those peaks and valleys, I have great news – There is a way to avoid the lows. It took me awhile to figure out the key to getting consistent results. For years I would experience the ups and downs associated with sales. The ups were of fantastic but the downs were excruciating. You have the pressure from your manager and feel as if you need to press more and more, only to get more and more “no’s”. Then comes the self-doubt…and the spiral downward begins. Once the confidence is lost, a salesperson goes from thinking, “I am going to get the sale” to “I need to get the sale!” Somehow, it comes across, the prospect senses it and in the long run, your pressing too much, you lose credibility and ultimately you lose the sale. 
How do you avoid this trap that is often the demise of many a sales folk?  It is easy; all you need to do is continue to feed the sales funnel. The best way to do that is to have consistent activity. Consistent activity leads to consistent results. In order to figure out how to have consistent activity, it is helpful to understand why there are often inconsistencies in your activity levels.
One of the reasons there tends to be inconsistencies is when the sales are high. A salesperson tends to divert their focus from prospecting to making sure everything gets set up properly for their new sales. They stop filling their pipeline and then come out of the great sales months with a very weak pipeline.  Again, when the pipeline is weak, the salesperson then starts “pushing’, often times trying to fit round pegs into a square holes. This is another destructive behavior, since close ratios go down and the confidence levels go down as well. Then it is hard to get back up that hill once again.
Another reason for activity levels to go down is the natural inclination for a sales person is to take their foot off the petal when the sales start coming in. They convince themselves that they deserve it and take a mental break. Unfortunately, often times it is hard for them to get it going again…, resulting in months of poor results.

You can get phenomenal results by just doing one thing, make sure all of your efforts are focusing on maintaining high activity levels and consistently fill your pipeline. By doing that, your results will be consistent, you will maintain confidence and you will ride the success wave for a very long time.  

Sunday 19 August 2012

Corporate Developments: Top 15 Ways to Use Facebook Fan Pages to Grow Your...

Corporate Developments: Top 15 Ways to Use Facebook Fan Pages to Grow Your...: Below is a list of 15 ways to use your Facebook Fan Page for business. Some of them will require apps and others just clever mark...

Top 15 Ways to Use Facebook Fan Pages to Grow Your Business





Below is a list of 15 ways to use your Facebook Fan Page for business. Some of them will require apps and others just clever marketing and a passion for your business.

1-Populate your 'Info' Tab fully with your company name, tag line, mission statement, products and services, contact information AND Website link(s). This is often the first link I click when I visit a Fan Page. Make sure that you utilize this space fully with all the pertinent points about your company.

2-Have a special Welcome Tab that all new visitors will see when they visit. It can be the image of a flyer promoting your business. It can be your logo, tag line and core products and services. It can have a call-to-action to get people to like the page and/or opt in to your email list. Many have utilized this special Tab by embedding a video with a welcome message. There are many apps that you can use to install and customize a Welcome Tab.

3-Enable a 'Videos' Tab that shows your promotional, instructional or product/service videos.

4-Install a Twitter Tab to show people that they can connect with you on Twitter as well, plus they can see your latest Tweets. Involver.com is a popular provider of this application

5-Install a 'Reviews' Tab where people can write Reviews or Testimonials about you, your product or service or your business. There is actually a separate applications that I found for Reviews and Testimonials. However, you can do a simple Facebook search and find them both. Then you can do your own research on each of them to see which is the best fit for your business.

6-Populate your Photos section with photos of your products, photos of your team performing services, photos of appearances, sponsorships or product placements.

7-Update your status regularly with product or service tips related to your business or industry, positive quotes (fans always welcome a positive tone), news items related to your business or industry and of course, information about Product or Service specials, etc.

8-Install a Contact Tab for people to get in touch with you via your Facebook Fan Page. Makes you seem more accessible and could increase business leads.

9-Install a Blog tab to show your latest blog posts which helps to position you as an expert and build your credibility. Some blog tab applications also update your Facebook Fan Page status as soon as a new post has been published.

10-Install an Events Tab to publicize special events, appearances at Expos or Seminars to your Fans and Followers.

11-Conduct formal surveys with apps such as the Survey Monkey App. You can also do informal surveys by asking leading questions for your Fans to answer on the page itself.

12-Take product orders on your Fan Page. I installed an HTML App for a client and then inserted the code for a form that allowed users to place orders via the Fan Page.

13-Install an Opt-in form on your Fan Page to help build your list. Of course it helps to have a free gift like an e-book, e-report, video series. If you already have an opt-in form with a freebie on your website, you can use the same one here.

14-Install a documents application like Scribd to showcase presentations. This is especially helpful if you are a speaker.

15-Use Facebook AS your Fan Page. Once you are logged in to Facebook and you visit your Fan Page, there is an option on the right that allows you to 'Use Facebook As [Your Fan Page Name]. This has enormous value because it allows you to expose your Fan Page to persons in your target market. You can 'Like' other pages as [Your Fan Page Name], make comments and share advice. Be mindful to use this feature with integrity. Add real value to conversations on other's pages. Don't try to self-promote and of course, don't spam.
Corporate Developments.

Friday 17 August 2012

“When I started Out, All I Had Was The Yellow Pages & A Phone”





There are certain topics that we all know to stay away from because history has shown us that people go from zero to nasty right quick. It’s the fun topics like religion or politics and now amongst the sales brethren its cold calling.
I thought it might be interesting to “go there” today and present what I feel are misunderstandings regarding the beloved cold call.

1) How We Define “Cold Call”:There are lots of people out there who define any form of phone call to a prospect as a cold call. Its used in a generic context like if you were to “Xerox” something or “Google” someone. There are others who feel that a cold call is calling any business “cold” as in working straight off a list, no pre call planning etc. And there are still more who believe that all calls are cold calls because whether you pre call plan or not, you are calling someone who isn’t expecting your call using an interruption strategy. All I can say is that you know its going to be a fun discussion when no one can even agree on what the heck a cold call is in the first place.

2) The Anti Cold Calling Theory of Working Smarter Not Harder:One way this is misunderstood is by the people who embrace the theory in too much of a literal sense. I’m all about working smarter. In fact, I’m one of those idiots who believed that all you had to do was make a kazillion calls and statistically speaking you had to win. My issue with this statement is that too many times “working smarter” becomes an excuse for not getting our uniforms dirty. In many cases we are preparing to prepare instead of working. For example: I’ve interviewed sales professionals who do more along the lines of 15 targeted calls per week and that’s it. I’m here to tell you that if that’s all you do, you aren’t working smarter. You simply don’t have enough activity to make it. My feeling is that I can research the heck out of 15 companies but if between caller id, assistants, voice mails etc I only connect with 3, even with a perfect score, I only have 3 appointments.

3) The Researching A Prospect Is An Excuse Crowd: These are the ones who feel that all you should do is “smile and dial” More specifically, they are the ones who believe that you are slacking if you are researching clients and its basically an avoidance strategy. Depending on the rep, they could be right or wrong. Here’s an easy solution; when its “game time” we play the game, not research the game. Therefore, it makes better sense to do the research during off hours instead of money hours. Problem solved. I’m here to tell you that if you don’t take the time to research there are tons of prospects who are going to call you out on it. I’m also here to tell you that you gamble when you don’t take the time to research . You gamble in thinking that your competitor hasn’t prepared better than you. That my friends is a suckers bet every time!

4) You Suck If You Don’t Cold Call:These are the people who believe that there is no other way and if you don’t want to cold call, you have a poor work ethic. To that I would respond with a simple question “Why would you care how I get my sale as long as its between ethical and legal?” If I’m making my numbers or I have a solid plan on how I will generate the revenue, why is that not valid? Furthermore, when I bring home the bacon (and I will) does it count less because it didn’t originate from cold calling? Also, what if I truly suck on the phone but I’m a brilliant public speaker or master blogger or social networker? Why would you discourage me from using those venues if I get the results? Note to Sales Managers: Sometimes we are so busy trying to convert a rep into something they aren’t that we fail to help them shine in the areas where they are in fact, quite strong. I want to make sure that I’m crystal clear on something. As a trainer, I wholeheartedly believe that we have to face our fears and step outside our comfort zone. I also believe that we have to really look at ourselves in the mirror (the unforgiving full length one) assess ourselves and work on the areas that need some fixing up. The challenge with that is when we spend so much time on weaknesses that we don’t enhance or work with our strengths.

5) It’s a Numbers Game: Let’s say this is 100% true and in this context the phone is a stand alone new account acquisition strategy. Utilizing a well thought out “sales mix” will improve those numbers. When I say “sales mix” I’m talking about email, snail mail, creative things, networking, social networking, blogging, E-Books, lunch and learns, speaking engagements, referrals, webinars etc. Saying that the phone is a numbers game, a “contact sport” if you will, can also force us to be so focused on the number of calls that we fail to communicate a compelling message.

6) Here’s A Huge Area We Are Misunderstanding: The fact that everyone has a preferred communication venue. For some it’s the phone, for many it’s email, others its through social networking etc. The plot thickens folks because we need to really look at the Gen Y’s that are moving into influencing/decision making positions. What do you think their preferred communication venue is? They love to email, text, communicate through social media and the phone is usually ranked last. When we embrace the phone as a stand alone strategy, we limit ourselves to say the least.

7) Cold Calling vs Social Media: I have a simple answer to this. Why? As in why does it have to be one vs the other? Why can’t they both exist together as part of that well balanced “sales mix” we discussed earlier?

8) “When I started Out, All I Had Was The Yellow Pages & A Phone” From now on, if anyone says that to you, I want you to pat them on the head and give them a “bless your heart” for good measure. That used and abused line is nothing more than a justification for being too cheap and/or lazy to invest in Sales 2.0 Technology or in training you to be more lethal in your craft.

9) The Sales 2.0 Enthusiast: This is the person who relies so much on the shiny new object or is so busy talking about Sales 2.0 that they fail to realize that sooner or later, this will most probably come down to a phone call, in real time (as in not virtual or more specifically one where you aren’t communicating on a computer screen) For some, they have a bad habit of clinging to the virtual world where they feel safer, for others they understand that all of these virtual relationships have to transition. When we do transition or to that end of transitioning, we’re going to need those tried and true skills that some feel are now antiquated.

10) The Cold Call Is Dead: We could debate this one all week. Some of the misunderstanding goes back to how we define a cold call to just calling it like we see it because we know what works for us.
And maybe that’s what sales is all about. You and I having lots of cool choices, the willingness to try different approaches and the wisdom to know what works best with our particular style.

So what say you Sales Playbook community. Is the cold call misunderstood?

Thursday 16 August 2012

Can You Rule The World of Sales Using Your Imagination?

Can You Rule The World of Sales Using Your Imagination?
Napoleon once said,” Imagination rules the world. “

In some industries, imagination is essential to success. Designers, writers, photographers, illustrators and others need constant creativity and ingenuity to stay ahead of the competition. Without it, they and their businesses fall flat.

The very same prinicple applies to sales. While most people don’t consider business a creative industry, imagination is just as important in business as in other fields. The best salespeople look beyond the obvious to generate good ideas, then work and strategize to make them come to fruition and utlimately their company more profitable.

Imagination is one of the most important things a salesperson can have, and the benefits go beyond dreaming up new ventures. Successful salespeople are also imaginative in problem solving. They see multiple solutions to a problem, even when some may not be obvious, and their creative solutions usually generate better outcomes than would be possible otherwise.

So, what can you do to put your imagination to work for you? When talking to a prospect, use your imagination to help them visualize the ease of doing business and all the profits they’ll make when they use your products or services.

Tell them a story that weaves in the facts about your dedication, your services and your willingness to send them ideas and help fulfill their needs.

A constructive imagination will sweep away your competitors like yesterdays trash. Imaginative stories and ideas will seem like a breath of fresh air to customers who’ve only been “entertained” with dry details, facts, figures and me-me-me-ness by your competitors.

If you’ll develop your imaginative powers to the utmost, you’ll develop your sales numbers in the same proportion.