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The Center for Sales Strategy Blog

I Don’t Know, Let Me Get Back to You 

Sales_Questions

You've spent weeks trying to get a meeting with an important prospect, you've gotten past the gatekeepers and have given him or her a valid business reason (VBR) to have a meeting with you. You're halfway through the presentation that you worked on for hours over the weekend, and your prospect stops you dead in your tracks with a question you have never heard before. What do you do? Do you fake it? Do you dance around the question and minimize it?

If you are truly looking to better yourself as a salesperson and to make a solid and lasting client relationship, you don’t do any of those things mentioned above. You stop and turn to your prospect and say, “That’s a great question and one I have never heard before. I don’t know, let me get back to you."

It might not work on a test in college or in politics, but admitting you don’t know the answer to a question in business can work to your advantage in 3 ways. The first way is that it gives you the opportunity to follow up with your prospect after the meeting with information the person is interested in receiving. Secondly, it gives you a chance to display your expertise in a well-thought-out manner. And lastly, it helps you build credibility and trust (especially if you follow up in a timely manner). Let’s look at how each of these ways can benefit you.

Topics: Sales

When Is the Last Time You Presented a Bright Idea That a Prospect Loved?

Big_Idea_Sales

One of the most exciting things in selling is when a prospect leans forward with excitement and says, "Tell me more." To put yourself in that position, you must first get a clear assignment (something the prospect wants help with) and then you must define the problem or opportunity well. 

Once you’ve done that, you can come up with possible solutions and turn one into a bright idea (with the prospect's help). The foundation of this is coming up with the right problem statement. As you are interacting with a prospect, float some potential problem statements and ask them to pick the one that could yield the most interesting ideas. 

Sales Signals: Sometimes You Have to Take the Extra Step

Sales_Signals

Most times when you find yourself at a crosswalk, you simply stand in front of the "don't walk" signal, and the light will eventually say "walk." Sales can be a lot like that. You just show up often enough and someone eventually buys something.  

At important, busy intersections, corners where some extra caution is required, you can walk up to the crosswalk and watch the lights cycle through for the cars over and over, but you just keep getting "don't walk." After a while, you'll look behind you and see there's an extra step you need to take to get across: there's a button you need to push to get the "walk" signal you want. It's an easy thing to do, but if you don't notice it, you could stand there all day waiting.

Topics: Inbound Marketing Sales

What You Need to Know to Effectively Grow Sales Performance

Growing_Salespeople

When my husband and I first moved to Dallas almost 25 years ago, I bought a Mary Engelbreit magnet for my fridge that said, “Bloom where you’re planted.” It was a daily reminder for me to make things happen in my life, wherever I was.

As a Talent Analyst, I am highly invested in helping others to bloom where they’re planted as well, working to maximize their natural strengths and help them grow as a result. This is fairly easy as long as the right people are planted in the right places. When they’re not, all of the nurturing in the world won’t help them thrive.

Topics: Sales

This Week, I Became a Salesperson’s Problem

The_Gatekeeper

This week, it occurs to me that I’ve become the kind of person many of our clients find most challenging. You see, there’s this guy—I’ll call him Doug—who’s been reaching out to me by email, asking me to tell him who’s in charge of printed materials at The Center for Sales Strategy.

Over the past few of weeks, he’s sent me several notes, each one demonstrating another degree of persistence. Most recently, he came out very directly and said, “I going to be even more persistent than you are busy,” as if this was a war of attrition that he would eventually win. So I sent him a response, but not the one that he wanted.

I sent him a note explaining that my lack of response had less to do with how busy I am than the fact that his email did not earn a response. He found my name, and somehow, my email address. Other than that, his notes demonstrated little knowledge of my company and zero knowledge of my role in it. I wrote to him that he was asking for a referral, in a way, that he had not earned… asking me to identify the person in charge of buying printed materials for my company. (We don’t really have anyone in charge of that. We print our own.)

In his emails, he claimed that he could help, but offered little understanding of how he could help. I couldn’t tell if he was selling printers, printer ink, or printing services. So I responded to his email, but not in the way he was hoping. Instead, I explained why I wasn’t getting back to him and what he’d have to do to change that outcome. (I gave him a free coaching session on VBRs, I suppose.)

Before you click “Send” on your next introductory message, please scrutinize it with these kinds of questions:

Topics: Sales

Insanity or Innovation? How to Navigate the Changes in Media Sales

Innovation_in_Sales

In case you haven’t noticed, things are changing in media sales. Almost faster than we can keep up with. More and more local accounts are now being handled by the national rep. Technical dollars, those that we have little control over and are basically bought just on your ratings, are declining. There is little a local staff can do with strictly technical dollars when the salesperson doesn’t even know what the out-of-town buyer looks like, much less have a relationship with him or her.

Topics: Sales media

Could Something Be More Important to Sales Success than Having the Right Strategy?

Sales_team_culture

It turns out there’s something much more important.

Let’s start by acknowledging the essential nature of strategy to the success of any venture, old or new, commercial or non-profit. Strategy is the grand plan, how your solutions fit with the problems they’re intended to solve, your path to market, your role in the competitive landscape, and the relationship you seek with customers. Important? Heck, yes. We built the name of our company around that word. 

Too many sales organizations don’t have a strategy, don’t believe their strategy, don’t understand their strategy, and/or don’t follow their strategy. Their daily activities are a mish-mash of ill-fitting, often contradictory, tactics, programs, projects, and promotions—Band-Aids to cover the gaping hole where strategy is supposed to be. They create a “the hurrier I go, the behinder I get” environment that wears everyone out and leaves the organization well short of its dream, its potential, even its short-term goals, quotas, and budgets. No wonder Sun-Tzu, writing 3,000 years ago in The Art of War, called tactics without strategy “the noise before defeat.”

Topics: sales strategy Sales

Are Long Sales Cycles Messing with Your Pipeline? (Part 2)

Sales_Pipeline

In Part 1 of this two-part series, I discussed some of the reasons why the sales cycle is getting longer for many deals (sales cycle is the term that describes the time that elapses from the first contact between salesperson and prospect to a done deal). These longer cycle times are gumming up the sales pipeline for many companies, postponing revenue, adding expense, increasing uncertainty, and making life miserable for a lot of sales executives.

Some of this slowdown in the sales cycle is unpreventable. But that’s no reason to overlook the many things salespeople can do to counter the trend and speed things up. Here are some ways that smart salespeople keep opportunities moving:

Topics: Sales sales cycle

Are Long Sales Cycles Messing with Your Pipeline? (Part 1)

sales_cycle

Most people define sales cycle as the time that elapses from the first contact between salesperson and prospect to a done deal. The sales cycle varies radically for different types of products and services, for different prospects, for deals of different size and scope, and for quite a few other variables.

Topics: Sales sales cycle

Your Communication Sales Strategy: Nice to Know vs. Need to Know

Email_Communicaton

My job includes constantly searching for industry and consumer trends, so I subscribe to a voluminous list of trade and news publications… more than I could possibly read thoroughly on any given day. However, I’ve taught myself to speed-scan the headlines rapidly, and separate the important stories that I need to know from the merely interesting stories that might be nice to know (if I had more time).

Chances are, you do precisely the same thing as you’re checking email, your Facebook page, or your Twitter feeds. At rapid-fire speed, you visually sift through hundreds of messages… “Junk, junk, junk, junk… Oh! This one looks like something I should read!”

I don’t raise this issue because I care about the way you prioritize the information you consume. I raise it so you’ll stop and think about the information you send.

When your client or prospect receives your message, logic tells us that it resides among hundreds—perhaps thousands—of other messages and issues that are screaming for that person’s attention.

Topics: email content marketing sales strategy Inbound Marketing