by Mike Anderson, on February 10, 2014
by Mike Anderson, on February 4, 2014
It might be those first few moments after you get back to your car following an important presentation. It could be while you’re riding to the airport after a critical needs analysis. Perhaps it is those minutes that immediately follow a conference call or an online meeting where a big renewal was discussed.
Yes, every client-facing meeting is critical, whether it happens online, on the phone, or face-to-face. The time you spend with any target or key account is likely to impact your top line revenue, and therefore, your income. But those minutes are mostly important to a specific sale or client relationship. Reflecting on how the meeting went—the first five minutes after you’ve met with a target or key account—are important to your career. Because you’re using this experience to get better, build on success, and note mistakes so you can avoid them in the future. Bottom line: You’re improving the very next meeting or client interaction you have.
by Mike Anderson, on January 30, 2014
This is going to sound way over-simplified, but that’s okay. The way to avoid a sales wreck is the same way you avoid a crash on the highway: Avoid distractions, pay attention to the highway signs, and follow the rules. In sales, you and the client establish the rules early and often (this is called contracting and partnering). But you also have to avoid distracted selling, and pay attention to the signs your prospect or client is giving you. Even when you’re supposed to be the one who’s presenting.
You would never get almost all the way to your destination, and decide it would be okay to stop steering your car. You can’t just focus on the instruments of your dashboard and hope to arrive alive; you have to keep your eyes on the road, and even drive for the other guy, at times, to make sure you get where you want to go.
by Mike Anderson, on January 16, 2014
I came across an interesting quote the other day: “Instead of trying to explain how valuable you are, demonstrate how you add value.” That sounds like a simple nuance, but it is at the heart of what we teach at The Center for Sales Strategy: Instead of preaching about why to buy your product or service, you should focus on how a prospect should use—and extract maximum value—from it.
So what is value? Who decides what is valuable? And what determines how valuable a valuable thing is? If you answered, “The Customer,” I like you: Your heart is in the right place.
But you’re wrong.
by Mike Anderson, on January 10, 2014
We all know the goal of a needs analysis is to uncover a need the customer has… not just fill-up a precious appointment with a long list of questions. But when a need first reveals itself during the client needs analysis, should you change course and immediately pursue the revenue opportunity that first need might represent?
Not so fast.
by Mike Anderson, on January 2, 2014
There are millions of salespeople around the world… and every one of them is impacted by the simple law of supply and demand. When supplies are low and demand is high, prices are forced upward. When the supply of a product or service is plentiful, buyers on the demand side start chiseling you on price, which has the effect of turning your offering into little more than a commodity.
So how can you adjust your sales strategy when the supply of almost everything is limitless?
by Mike Anderson, on December 27, 2013
Think of the thousands upon thousands of sales associates out there; those you compete with directly, as well as those who sell in a product or service category outside your own.
And you want the prospect to meet with… you.
How to Take Advantage of your Awesomeness
Seems like a daunting request to justify, especially when dozens of those other sellers are clamoring for the appointment you want. Placed in that context, it is easy to understand why—just like any other product or service—it is important that your brand stands out in comparison to the other alternatives. So let’s think of a few ways you’re special (just for starters):
by Mike Anderson, on December 18, 2013
I don’t know how you use your email inbox, but here’s how I use mine. Nothing gets filed until I have responded to or acted on the message in some way. Then, it’s placed into a folder where I know I can refer back to the note later. Usually, I try to keep my inbox down to under fifty active conversations or tasks.
Recently, I’ve had a hard time getting my email inbox down to a manageable level. In fact, I’ve been hovering near 100, even at the end of the day. It occurred to me that I had several messages that were not pressing at all. They were just interesting, and I told myself, “I’m going to reply to this note or use it in some way when I get time. Eventually, of course, notes like these wind up at the bottom of my email stack (I sort my messages by most recently received).
by Mike Anderson, on November 29, 2013
Most of us can think of a few great customer experiences we’ve had… and maybe a few bad ones that range from totally frustrating to completely hilarious. But for a minute, don’t think of customer satisfaction from the customer’s point of view; think of it from the seller’s perspective.
Are you satisfied with your customers?
Do you invest way too much time for the ultimate revenue that account will generate?
When you pick up the phone to call them or get in your car to head to that appointment with them... are you stressed, or excited?
by Mike Anderson, on November 22, 2013
When it comes to crafting a proposal, there is a very real temptation to include whatever one thinks can be sold. C’mon. Fess up.
Let's Be Honest
At one time or another, most sales folks have considered tossing something into a package that may not actually contribute to solving a client need. This temptation is driven by too much focus on income, whether to the organization in the form of revenue, or to the seller in the form of commissions or other incentives.
Improve your sales performance. Sales managers can gain unique perpsectives on hiring and developing more effective sales teams. Salespeople can improve their approach to getting more appointments with target prospects, uncovering desired business results, and engaging clients in a collaborative process that leads to the sale.
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