Monday, April 2, 2012

The Law of Advance Planning


The best salespeople prepare thoroughly before every call. This principle is so simple that it is often overlooked. The hallmark of the true professional is thorough preparation, reviewing every detail, before every sales meeting. The very best salespeople are those who review their presentations and study the details of their products, their competition and their sales materials repeatedly prior to every new sales contact.

The Customer's Situation
The salesperson with the best knowledge of the customer's real situation will be the one most likely to make the sale. The more time you take to thoroughly understand your prospective customer and your prospective customer's situation, the more likely you will be in a position to sell at the critical moment.

Sales Professionals Plan their questions in Advance
There is a direct relationship between the quality of the problem focused questions that you ask a customer and the likelihood of a sale taking place. The only way of assuring that your questions are clear and penetrating is by writing them out, word for word, in advance. Some of the most successful salespeople who have ever lived have been "question experts."

Notes
The power is on the side of the salesperson with the best notes. Plan your sales-call objectives thoroughly in advance of meeting the client. Write down and itemize exactly what you hope to accomplish in this visit. After the call, quickly write down everything that was said. Don't trust it to memory. Remember the Chinese saying, "The palest ink lasts longer than the finest memory." Prior to every sales call, and no matter how many times you have visited this same customer, take a few minutes to review the customer's file, the customer's situation, and your own notes on what has taken place in the past. You'll be amazed at how impressive you sound when you go into a sales interview having just reviewed the customer's file a few minutes before. And customers always know if you have done your homework.

Prior to Closing a Sale
The top salespeople in every field prepare exhaustively prior to selling, prior to their presentations, and prior to closing. They think everything through in advance. And they leave nothing to chance. Remember, it's the details that make the difference. The salesperson who has taken the greatest amount of time to acquaint himself or herself with the most specific needs of the customer is the one who builds the highest level of trust and the best sales relationship. Thorough preparation is the essential precondition for successful selling.
Key attributes to be a Successful Sales Person

Did you know that your self-concept is made up of three part, each of which affect each of the others? Understanding these three parts enables you to put your hands on the keyboard of your own mental computer. Think about it. When you learn to take charge of the development of a new and positive self-concept of selling, you can then control your sales destiny for the rest of your career.

Determine Your Direction
The first part of the self-concept is the "self-ideal." Your self-ideal largely determines the direction in which you are going with your life. It guides the growth and evolution of your character and personality. Your self-ideal is a combination of all of the qualities and attributes of other people that you most admire. Your self-ideal is a description of the person you would very much like to be if you could embody the qualities that you most aspire to.

Strive Toward Excellence
Throughout your life, you have seen and read about the qualities of courage, confidence, compassion, love, fortitude, perseverance, patience, forgiveness and integrity. Over time, these qualities have instilled in you an ideal to which you aspire. You might not always live up to the very best that you know, but you are constantly striving to be a better person in light of those qualities that you value so highly. In fact, everything that you do on a day-to-day basis is affected by your comparing your activities with these ideal qualities and your striving to behave consistently with them.

Clarity is Essential
Successful salespeople have very clear ideals for themselves and their careers. Unsuccessful salespeople have fuzzy ideals. Successful salespeople are very clear about being excellent in every part of their work and their personal lives. Unsuccessful salespeople don't give the subject very much thought. One of the primary characteristics of successful men and women in every walk of life is that they have very clearly defined ideals and they are very aware of whether or not their current behaviors are consistent with their idealized behaviors.

Set Challenging Goals
Part of your ideals are your goals. As you set higher and more challenging goals, your self-ideal improves and crystallizes. When you set goals for the kind of person you want to be and the kind of life you want to live, your self-ideal rises and becomes a greater guiding and motivating force in your life.

Your Future is Unlimited
Perhaps the most important thing for you to realize is that whatever anyone else has done or become, you can do or become as well. Improvements in your self-ideal begin in your imagination, and in your imagination, there are no limits except the ones that you accept.
What is your ideal vision of the very best person you could possibly become? How would you behave each day if you were already that person? Asking yourself these questions and then living your life consistent with the answers is the first step to creating yourself in your ideal image.
Action Exercises
Here are two things you can do immediately to put these ideas into action.
First, dream big dreams. Set big, exciting, challenging goals and ideals for yourself in every part of your life. Allow yourself to imagine a wonderful life ahead.
Second, think about how you would act if you were an outstanding person in every way. Then, practice being this person, as though you were acting a role in a play. You'll immediately notice a difference in your behavior.

Quote Of The Day!

"I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel."
-- Maya Angelou, Poet

Sunday, April 1, 2012

Quote of the Day!

"We all have dreams. But in order to make dreams come into reality, it takes an awful lot of determination, dedication, self-discipline, and effort."
-- Jesse Owens, Olympic Athlete

Wednesday, January 25, 2012

Eight Steps to Problem Solving

There is a simple eight step method for systematic problem solving. By solving problems in an orderly way, you can dramatically increase the power of your thinking.

Proceed With A Positive Attitude
First, approach the problem with the expectant attitude that there is a logical practical solution just waiting to be found. Be relaxed, calm, confident and clear in your mind.

Second, change your language from negative to positive. Instead of the word "problem," use the word "situation." Problem is a negative word while situation is a neutral word. "We have an interesting situation", is better than, "We have a problem."

Define the Situation Clearly
The third step in systematic problem-solving is to define the situation clearly, in writing. "Exactly what is the situation?" Then ask, "What else is the situation?" Sometimes stating the problem in different words makes it much easier to solve.

Fully 50% of situations can be resolved by accurate definition.


Identify Causes and Solutions
Step number four is to, ask "What are all the possible causes of this situation?" Failure to identify the causes or reasons for the situation often causes you to have to solve it again and again. Fully 25% or more of situations can be effectively dealt with by discovering the correct causes.

Step number five is to ask, "What are all the possible solutions?" Write out as many solutions or answers to the situation as possible before moving on. The quantity of possible solutions usually determines the quality of the solution chosen.

Clear Decisions Are Key
Step number six is to "Make a clear decision." Usually any decision is better than none.

Step number seven is to "Assign clear responsibility for carrying out the decision and then set a deadline for completion and review." Remember, a decision without a deadline is just a fruitless discussion.

Finally, step number eight is to follow-up, monitor the decision, compare actual results with expected results and then generate new solutions and new courses of action.

Action Exercises
Now, here are two ways you can apply this technique to think more creatively.

First, state the problem clearly, in writing, so that you know exactly what it is that you are trying to solve. Ask, "What else is the problem?"

Second, develop as many solutions as you possibly can, including doing nothing, before you make a decision. Quality of ideas is in direct proportion to the quantity that you generate.

Saturday, October 9, 2010

The Power of Word of Mouth
One of the most powerful determinants of the future success of your business is the little understood phenomenon of word-of-mouth communication. Fully 90 percent of dissatisfied customers will not do business again with the company that fails to meet their expectations. The same study also concluded that, on average, each dissatisfied customer will share his dissatisfaction with at least nine other people. What this means is that the dissatisfaction of just one disgruntled customer ends up poisoning the minds of forty five other people.

Creating a “Golden Chain” of Referrals
A satisfied customer will share “delight” or “amazement” with nine of his friends and relatives and associates, who will in turn pass the good news on to five others. In his book Word-of-Mouth Marketing, Jerry Wilson claims that the number of customers who will tell a positive story of their experience with you, your company or your product is one-tenth of the number who will share a negative story. In other words, while excellent customer service is essential in reducing or even eliminating negative word of mouth, you cannot rely on positive word of mouth to produce a stream of referrals.

Asking for Referrals
Referrals do not just happen. Waiting for the phone to ring is a lousy marketing strategy! If you want to build a pipeline of referrals, you must create it yourself. This means you must ask for them. That's right—ask! And your most productive source of referrals to start with is your existing customer or prospect list. The closing of a sale is often accompanied by an emotional high for your new customer. This is a wonderful time to ask for referrals. With each step, your new customer becomes more and more involved in the process and, subconsciously, more committed to helping you. Your goal should be to leave with two or three referrals from each sale.

Asking for Referrals from a Satisfied Customer
If you have done a good job of servicing your customer after the sale, you can be confident you now have a satisfied customer—one who will buy from you again and who represents a potential source of excellent referrals. Contact your satisfied customer and begin the conversation by inquiring if they are happy with their purchase and if there is anything more you can do for them. If they make a request, then treat this as a customer service call. If not, say to them, “I'm so pleased you're enjoying your new (product or service). Can you put me in touch with anyone else who would appreciate the same experience that you are enjoying using it?” The wonderful thing about a highly satisfied customer is they often want their relatives, friends and associates to share their experience.

The Follow-Up
Within one day or receiving the referral, drop a quick note to your customer, thanking them for their recommendation and again reassuring them that you will treat their friend with respect. This is an important part of cementing your relationship and will pay dividends in the future in the form of repeat business and further referrals. After you have followed up with the referral, be sure to call your customer. Again, thank them for the introduction and report your results. Remember, the referral is someone who is meaningful to your customer, so they will naturally be interested in what happens. A further way you express your gratitude and to reinforce your relationship with your customer is to send them a gift after you have closed a sale with a referral they provided. Your gift should be appropriate to the size of the sale.