Thursday, February 5, 2009

What Can I Do If I Dont Make My Sales Quota

Writen by D.M. Arenzon

As you know it can be very discouraging if you miss your sales quota! You may begin to doubt yourself and your abilities as a salesperson. This is where our negative self-talk can get the best of us and we may start to internalize thoughts like, "I'm not good enough" or "I just don't have what it takes." The powerful thing here is that you have a choice and that choice is your attitude. If you decide to feel sorry for yourself and doubt your sales abilities then you will be pushed down a very dark staircase that leads no where---that's self-destructive.

Or, the other option that you have is to take this time to reflect and analyze what you can do better the next time around so that you make and exceed your numbers. Here are five practical suggestions that you can use the next time you do not make your sales quota:

1. LEARN FROM TEMPORARY SITUATIONS.

When you miss your numbers it's a temporary situation in the big scheme of things. I suggest that you use this time as an opportunity to figure out what is working and what is not working. Thomas Edison once said, "Just because something doesn't do what you planned it to do doesn't mean it's useless." If you apply these words of Edison and compare them to the attributes of a successful marketer (and in your case a telephone marketer) you will see many similarities and they can be summarized in seven words: "Testing, testing and more testing equates to success." If you perceive this situation as a learning opportunity rather than as an obstacle to your success your results will be that much greater!

2. STOP NEGATIVE SELF-TALK AND REFLECT ON YOUR PAST SUCCESS.

A great way to avoid negative self-talk is by reflecting on your past success. You may want to internalize thoughts like, "I've made my numbers before, I've been successful in the past and I can do it again!" Once you have made these associations from your past it's now time to take action! Remember this Chinese Proverb: "Talk does not cook rice!"

3. TRANSFORM YOURSELF INTO A BALL OF POSITIVE ENERGY.

Ralph Waldo Emerson, American essayist, poet, and philosopher once said, "The person who sends out positive thoughts activates the world around him positively and draws back to himself positive results." Per Emerson, a positive attitude attracts positive energy and in turn creates opportunities for success. The question is how do you motivate yourself to be positive?

Based on my experience, you need to do things that make you happy. For example, you can go to Starbucks, go shopping, exercise or listen to motivational tapes. One interesting idea to "Transform yourself into a ball of positive energy" is to change the aesthetics of your office or cubicle. You could try adding a few plants, toys around your desk or advertise your favorite motivational quotes on signs around your office. Sometimes new environments can change your behavior and in turn inspire you to take action!

4. THE IMPORTANCE OF BEING PERSISTENT.

According to the National Sales Executive Association, 2% of sales are made on the1st contact, 3% of sales are made on the 2nd contact, 5% of sales are made on the 3rd contact, 10% of sales are made on the 4th contact and 80% of sales are made on the 5th-12th contact. Based on these numbers, if you are only contacting your sales prospect just a few times then you may want to re-think your prospecting strategy.

These statistics indicate that you need to be persistent to make the sale. However, another reason that you must be persistent is to gain the respect of your sales prospect. What do I mean here? The prospects that you are contacting should be very successful executives and these people did not get to where they are by being reactive, but rather by being proactive. They will draw from their past work experience and quickly associate with your tenacity.

As a result of your efforts, they will respect you for your persistence. In fact, your persistence may act as a catalyst that helps to reduce resistance and move you even closer to a sale! Finally, the next time you have contacted your prospect multiple times with no response please remember this line, "Pleasant persistence wears down resistance." Do you know what time it is now? It's time to go back and call some of the prospects that you have given up on!

5. DIVERSIFY YOUR CALL LISTS.

It's important to make sure that you have several different types of calls lists in your prospecting database. For example, you may have one list from a local chamber, another from a mailing that you did to potential prospects or a list of exhibitors at a tradeshow. You should have dozens or more of these lists and you need them as a way to diversify your day. As a final suggestion, when you complete a sale write down where you got the lead. This way you can quickly determine which lists are most effective and which ones are not!

Copyright 2006 MR. COLD CALL SEMINARS - All rights reserved.

Mr. Cold Call is the author of "How To Have Fun Cold Calling" and "114 Common Sales Objections, 153 Clever And Savvy Responses." According to Mr. Cold Call, "Your cold call success is dependent on 11 winning personality traits (known as your Telephone Persona Of Success! )." Collectively, these traits allow you to uniquely market yourself over the telephone so that you can inspire your prospect's curiosity and reduce their resistance. Are you interested in finding out more about Mr. Cold Call? Then sign-up for his weekly cold calling tips at http://www.mrcoldcall.com

Wednesday, February 4, 2009

How To Be A Cold Calling Superstar

Writen by Gavin Ingham

Our emotions and feelings are changing all of the time based on our interpretation of events. Does this mean that even a sales superstar feels bad if they lose a big deal? Of course they do. They wouldn't be human if they didn't. It's natural for your feelings to fluctuate as you go about your business.

Take a moment and imagine a bad day selling on the phone. It's been awful. You've been cold calling for over 3 hours and you've had rejection after rejection after rejection. You've had enough and you're bored and disconsolate. How would you be sitting? Most people would be leaning forward, hunched up. Your head might be down, your breathing shallow. You'd be speaking quietly and your hand may well be partly covering your mouth. You'd probably be looking down too and your facial expression would be boredom. But I didn't have tell you any of that. You already know what physiology goes with a bad day on the phone or in any selling scenario.

The quickest way to change the way that you feel in any given moment is by changing your physiology. Physiology is your changing expression through your physical body – how you breathe, stand, sit, walk, move, smile etc – and it's hard wired to the way you feel. Your physiology and your feelings are so interconnected that you can use one to change the other and vice versa.

Imagine now the next call. You start off the same but as you do the client starts to take an interest. He's quite perky and positive. You sit up a bit and your head comes up. He starts to ask you questions and show a real interest. You sit right up, smile and start to fill your lungs. You smile again. Finally, he asks you to tell him more about your flagship product. You stand up, push your shoulders back and confidently start to tell him about the product. Did you consciously decide to make these physiological changes? No! Your mind and body just knew that these were necessary to deliver the right message. But what about the 20 calls before? Did those clients get the right message? Probably not?

Whilst we all know that changing our physiology changes the way that we feel we rarely take conscious control of it. In order to change our physiology it's essential that we are aware of all of the key elements that make up our physiology. As already mentioned they are – breathing, posture, movement and facial expressions.

Breathing

Breathing is an unconscious action. At least, I hope that it is! I wouldn't want you to get really busy and forget to breathe. Now that really would be a mistake! Obviously, breathing must be an unconscious task and that is a major positive for the human race however there is a negative side to this. Because breathing is unconscious we don't generally choose to focus on our breathing.

When we are stressed or angry or we face confrontation we tend to breathe faster and more shallowly. As you start to breathe faster this sends a message to your feelings and they intensify, so you start to breathe faster still and so on in a loop. Certainly this reaction might be perfect if you need to fight a wild animal but if you want to deal professionally with a client then maybe it's not so suitable. Learning when to stop, take a break and breathe more deeply can really help you to break your pattern both during difficult sales situations such as cold calling, negotiating and presenting.

Conversely, when you are bored and tired your breathing gets slower and deeper. This sends a message to your feelings and you start to breathe even deeper and so on in a loop. This does nothing to help you to feel or sound energised. Certainly, if you're not energised and dynamic when you're selling your product you can't expect the client to be. Learning to recognise when either your physiology or your emotions change and to change your breathing patterns will considerably increase your energy levels when selling.

Movement

If someone walked into the office slowly and with little movement how do you think they feel? Conversely, if someone strode into the office purposefully and with a bouncing gait how do you think they feel? Not hard to guess is it! We all know that movement changes the way we feel. If you've been sitting reading for a while tell me where your energy is at the moment on a scale of 1 to 10. Try getting up and moving around the room a bit. Stand up a sit down, do some moderate exercise (health permitting!) for a few seconds. Have your energy levels gone up? Do you feel more energised? Of course you do.

When I run coaching sessions I can usually tell who the positive members of the team are from the way that they walk across the car park on their way to work. I don't use this information as it could be misleading but it is usually spot on. People who do regular exercise know the value of movement for changing the way that they feel and for creating energy. As a sales person you need to use movement to control your emotions and to maximise your sales success.

Facial Expressions

I have recently become a very proud uncle. I haven't had the experience of being around babies before and it is very interesting for someone who is so intrigued by human potential and development. Liberty is nearly 4 months old and one of the areas of her development that has really interested me is watching her use her facial expressions. She seems to have been born with some of them but not others. Certainly, she could pull a screaming face straight away but smiling took a few weeks. I wonder if she knew how to smile already and just couldn't physically do it or whether she copied it. In any case, her facial expressions are now firmly hardwired to the way that she is feeling. How do I know? Because she never smiles and screams at the same time and she never coohs and pulls her pained face! Even at her age she doesn't make mistakes in this – not any! In fact, if you can get her to smile or laugh when she's screaming she will stop screaming instantly and start cooing again!

Surely it's not that easy? Indeed it is! Think of the habitually miserable people in your organisation... do they smile all of the time? Nope. And if you now think of someone who you'd describe as positive and happy I'd like to guess that they smile quite a lot of the time. Would you go around with a friend who didn't smile at you ever? I doubt it. Taking time to be aware of your daily facial expressions is well worth the effort. Interestingly, many of the salespeople I work with are unaware that they don't smile that often and when they do this (silly) exercise they find themselves winning more new clients. Now isn't that strange.

Posture

Posture is the way that you sit and stand. Our posture says a lot about us. I first became aware of this through an old work colleague who was particularly negative and depressed. He always saw the bad side of everything. His shoulders were forward, his back not straight and his chin down all of the time. When he did telesales he would be hunched up like a weather beaten sack of spuds! When he visited clients he used to shuffle in like an old man. On the other end of the scale thing about how a sales superstar would sit and stand in similar situations.

Working with salespeople and telesales teams I often know immediately where they are through their physiology. Once I have built rapport with them one of the first things I do is change their physiology through exercises and games. Not only is this the quickest way to change the way that they feel but it supports the deeper changes that often need to be made.

Exercise: Physiology Benchmark

Think of the best telesales call that you've ever made. Remember it in as much detail as you can. Who were you speaking to? Why did you do such a good job? What was so great about it? Now imagine yourself making a call twice as good. Go on! I dare you! You can do it!

As you imagine this amazing call I want you to take the time to think about your physiology. In your logbook take the time to describe it in detail or draw a picture (go on – have fun!). It's incredibly important that you benchmark this physiology so that you know what you are striving for.

Top 5 Tips for Maintaining a Positive Telesales Physiology

1. Put a mirror on your desk so that you can monitor your habitual facial expressions. I know, I know – people are going to laugh at you! If you knew this would double your sales would you do it? Of course you would. So how much does it have to help before you do it and why do you care what average performers think anyway? Go get one!

2. Keep your head up. When you raise your head and eyes above the horizontal line you will feel much more empowered. Try it. When I work with telesales teams and individuals I often put a banner or a slogan on the wall about two feet above eye level. Make it motivational and make sure that it means something to you and your team. If you're a sales manager and you see a call start to go awry get the sales person to look up.

3. Stand up periodically when you are doing telesales, particularly at the start of calls. If you don't like talking on the phone and standing up try standing up between calls occasionally. Standing up changes your whole physiology. It also changes your ability to utilise your whole voice and it's whole range.

At the end of a live telesales training I was once running a coaching session where the delegates were ringing live contacts to set up appointments. One of the delegates was on a particularly strong call and was standing up. He was just coming to the point where he was going to close for the meeting and he would have got it. As he realised that this was coming up he pulled up his chair and sat down. As he did so, his whole physiology, tone and confidence fell. It was obvious to even a non-trained observer. He half-heartedly tried to close the client and the client objected. His head lowered and I could see the opportunity slipping away.

The client was getting into objection mode and was really questioning the validity of having a meeting. I snapped my fingers above and to the front of the sales person's face to break his pattern and get his attention. As he looked up, I gestured at him to stand up and as he did so I moved his chair away so he had to continue his call standing. His physiology changed again, he rapidly took control of the call and he set the appointment.

Results may not be quite so dramatic and obvious for you but they will be there!

4. Wear a headset. I heard your cry of horror so I'll repeat it, wear a headset. Don't make excuses, try it. If you're thinking anything about it being uncomfortable, unnatural or weird I will repeat myself again. Wear a headset. I have always recommended the wearing of headsets and it always seems to have been in the top 5 most debated pieces of advice I give! I think this is because we are all conditioned to pick up the phone and it seems unnatural to not do so. Until wearing a headset feels natural you haven't yet experienced the benefits of using a headset. I guarantee that if you try it for long enough it will feel natural and it will improve your calls.

If you think about it for a moment it's obvious why wearing a headset will improve both your feelings and physiology and the quality of the call. It's because it frees you up to move and act naturally. You get totally into the call without this little plastic barrier wedged up against your ear.

Another spin off benefit of wearing a headset is that in my experience your call rate will go up by as much as 20%!

5. Make cold calling sessions a maximum of 45 minutes long! You weren't expecting that were you! I believe cold calling and telesales is something that you should perform at 100% and to do this you need to work in concentrated bursts. Now don't get me wrong, I agree that telesales is a numbers game however you can also explode your performance by making more impactful calls. 100 useless calls is no better than 50 useless ones! Neither are satisfactory. Far better that you make a good number of powerful calls.

As an individual or a team leader what you need to do is have a 2 minute session to set mini-objectives for your telesales session. Then you focus 100% on the sessions for 45 minutes. You don't send out literature, take incoming calls, talk to your neighbour or get disturbed. You ring clients. At the end of the session you have a quick 2 minute session to measure your performance, take a short break and then decide what to do next.

I sometimes work with clients who "say" that there is no way they could endorse this as their salespeople cold call all day. When we run these high intensity sessions I prove time and time again that most sales people do more in 45 minutes than they normally do in a whole day! In any case, there is nothing stopping the trained professional who has run several empowered sessions and who can stay focused for the whole 45 minutes to run several sessions in a day. The key is to focus on staying at high intensity for the whole of the 45 minutes. I would always prefer that my teams ran two of these at this level in a day than they spent the whole day cruising at 50%.

Note: In my experience very few people make anything like 45 minutes worth of high intensity, cold calls each and every day.

For the last 10 years, Gavin Ingham has been helping sales people to explode their sales performance by turning self-doubt, fear and lack of motivation into self-belief, confidence and action. With his inspirational approach to sales performance and motivation Gavin combines commercial experience, personal excellence and communications technologies in delivering personal and business sales success.

For a free 9-part objection handling course, more articles, free downloads and to join Gavin's newsletter visit http://www.gaviningham.net now.

Tuesday, February 3, 2009

13 Million Found With This Sales Strategy

Writen by Leslie Buterin

The story you are about to hear is true.

With the implementation of one well-crafted sales tactic, Gene surprised himself by making one phone call and getting a meeting with a senior executive. A man Gene and his team had been pursuing for more than one year!

The contract ended up serving the executive so well he had no reason to renew current contracts with eleven of Gene's competitors.

What a day that was! Better yet, the days that follow continue to be lucrative with a steady flow of sales coming from the powerful strategy used that day.

One cold call, one meeting, one $13 million contract … ba-da bing, ba-da boom!

Play-by-play reports of big sales bring shivers of delight to sales professionals. We meet. We talk. We share our stories of success. After all, that's where we get out jollies! We thrive on closing the deals ... and no one appreciates the sophisticated subtleties of these stories like other sales professionals

The best-of-the-best know that within each story are nuggets of learning that will …if unearthed and applied … add greatly to their own success.

Gene decided to try calling this executive cold, without a "warm" introduction. His reasoning was, "I've spent months trying to get a hold of this guy. I have nothing to lose by calling his office myself."

Gene called, spoke with his prospect's executive assistant, and requested a 20-minute meeting.

When the gatekeeper asked the question asked by all gatekeepers, "What's this meeting about?" Gene responded, "I want to know why he's using eleven companies to do what his competitor across town just uses us to do."

Those words prompted the executive to call Gene and schedule a meeting. During their face time, Gene outlined the benefits of: doing business with one vendor in terms of reduced paperwork, having easy access to one contact, and reducing expenses with volume discounts.

That's the sales call that resulted in a staggering $13-million contract.

Yes, such deals are as simple and complex as all that.

There are important lessons to learn from that brief phone message. A few sentences can result in a tremendous increase in your meetings with high-level decision makers.

First of all, Gene called the executive's office and let him know he wanted to meet.

Sounds pretty basic doesn't it? Now, ask yourself, how many executives have you called this week, better yet, today? That's the question Gene asked himself.

For months on end, he and his super sales team worked their contacts hoping for warm introductions right on up the organizational ladder. Contacts who had assured Gene they'd get him and his team in to see the President. Frustration mounted, as those folks inside the company were unable to follow through on their commitments. Twelve months after going down this path, Gene still wasn't in.

When introduced to the concept of successfully cold calling executives, the light clicked on for Gene. He could clearly see a new solution for an old problem. He returned to the office, called the executive, and gave a good reason why the executive would want to meet with him.

Let's take a few minutes here to scrutinize the few words that led to such powerful profits. You'll find several tactics you can easily implement!

* State the purpose of the call … a 20-minute meeting with the executive.

* Leave a compelling message.

* Speak directly to the executive's interests in bottom line terms with numbers the executive can sink his teeth into.

Then, take note of what Gene did not do. Take note, he did not "burn daylight" elaborating on:

* Who he was

* The name of his company

* What his company does

* How long the company has been in business

* And so forth … there was no fluff!

His words, information, and delivery positioned him as an important player in the executive's world. Those very words compelled the executive to act quickly so as to capitalize on a timely opportunity.

Now, it's your turn to give it a go. Call the top executive of a company you've been prospecting for awhile, follow-through with these tactics, and get ready to be awed by the spine tingling stories of success that come your way!

Forward this article to friends—they'll thank you for it!

For your FREE mini-course "Jealously Guarded Secrets to Cold Calling Company Presidents" visit http://www.ColdCallingExecutives.com! Or call Your Sales Coach for Extreme Profitability, author/speaker Leslie Buterin (like butterin' bread) at (816) 554-3674 9-3 CST (that's Kansas City/Chicago Time).

Monday, February 2, 2009

How You Can Avoid The Worst Cold Calling Mistake Made By Sales Pros

Writen by Leslie Buterin

Sales pros frequently ask, "What's the #1 change I need to make, as I prospect by phone instead of face-to-face?"

Here's the emotional truth behind this seemingly innocent question …

Most sales pros confess they'd rather have their toenails pulled out with pliers than cold call prospects by phone. Took me a couple of years to figure out for myself why my stomach knotted up into a queasy ball every time I glanced at that gray lump of plastic on my desk and thought about dialing-for-dollars.

How do you make sense of it? You're bigger than the phone, smarter than the phone. So, how can a talented sales professional be totally paralyzed by the thought of using the darned thing to prospect?

Here's what I finally figured out. When on the phone, you no longer see the whites of their eyes.

Before you roll your eyes, shake your head and say, "Duh!"…

Think about it. The phone keeps us from reading the prospect's body language. For folks like us who take pride in our ability to quickly glance at and assess a situation, overturn every objection, and close a sale on the spot … the loss of visual input is quite frankly, unnerving.

This does not compute unless you know that ...

More than half of face-to-face conversation is communicated through the eyes. So, as funny as it sounds, during an in-person sales presentation you'll "quickly hear" your prospect with your ears AND your eyes—at the speed of light.

According to Roger Ailes, in his book "You Are the Message" 55% of an interpretation of face-to-face conversation is determined by nonverbal cues, 38% by our voice and 7% by the words themselves."

What's important to you about these statistics is …

When you're prospecting by phone, you and your prospect "slowly hear" only with your ears –at the speed of sound. This is a very big deal.

Why? Because, a whopping 55% of the information you normally take in and process in the blink of an eye—is gone, unavailable, poof. Critical information vanishes the instant you transition from face-to-face to phone communication! And immediate loss of that much information, my friend, would disorient anyone.

So, how do you compensate for the loss of visual cues when you're on the phone talking "blind" to a "blind prospect" doing your best to sell-ice-to-an-Eskimo?

Let's start with what not to do …

Don't do what most folks do when talking to unsighted people … talk loud and fast as though the person was deaf instead of blind!

If you're like me, you'll function from one of two extremes. Your brain will freeze and leave you speechless or you'll spray hundreds of words at the prospect and pray that some comment will compel them to invite you in to see them.

This may come as a shock but, prospects on the receiving end of "spray and pray calls" report in focus groups their incredible frustration and irritation with the assault of words coming through the phone, directly toward them, in rapid-fire succession. They admit they never really "hear" the sales pro and generally hang-up rather than do the work to make sense of the call.

The worst cold calling mistake you'll make is to …

Talk too fast and shut down your prospect's ability to hear you. For a smooth transition from in-person to telephone prospecting you're going to have to do an unnatural act. You're gonna have to talk slowly … excruciatingly slowly, so your prospect can hear, register, and process your words. Even though you'll feel awkward and uncomfortable, if successful cold call prospecting is your goal, you must make this adjustment.

How can you get objective feedback as to whether or not you articulate well, you articulate clearly, and give a compelling benefit statement on the phone?

An inexpensive, private way to observe yourself is to dial your voice mail: leave your name, phone number, and state the purpose of your call. Then, listen to your message and ask yourself, "Based on your ability to clearly understand what you said, would you do business with you?"

Forward this article to friends—they'll thank you for it!

For your FREE mini-course "Jealously Guarded Secrets to Cold Calling Company Presidents" visit http://www.ColdCallingExecutives.com! Or call Your Sales Coach for Extreme Profitability, author/speaker Leslie Buterin (like butterin' bread) at (816) 554-3674 9-3 CST (that's Kansas City/Chicago Time).

Sunday, February 1, 2009

Telemarketing Vendors Cant Compete With Internal Operations

Writen by Andrew Rowe

Lots of companies look to outsource their lead generation to telemarketing vendors that provide turnkey services for calling into prospect accounts and qualifying leads. In fact, our own company has experience providing these services to clients. I'm here to tell you today that this process of outsourcing your telemarketing to a tele-services firm probably is not a very efficient or cost effective way to do business in today's day and age.

Why? Well, it's been proven that telesales and telemarketing is a strategic part of most companies' competitive arsenal today. Companies that outsource telemarketing or telesales typically pay a much higher price per lead and gain a lot lower lead intake, than companies that actually perform those functions in-house.

If your company has been outsourcing its lead generation to a teleservices firm, you might want to consider taking this function in-house. If you're concerned that you don't have the expertise to do telemarketing, consider employing the services of a good inside sales consulting firm. The good ones have experienced inside sales managers who are capable of setting up the process, recruiting the people, training them to the process and managing them to a defined set of outcomes or metrics. A good telesales consulting firm can help you to take a core competency away from your telemarketing vendor and convert it into a core competency within your company. In the process, you'll improve your overall sales efficiency and gain improved oversight and the ability to continuously improve your selling model. You'll also lower your cost per lead.

Cube Management helps companies accelerate their sales, by providing the Sales & Marketing talent they need to grow their business. Cube is a leading recruiting and consulting partner to mid-market and emerging growth companies in the technology, manufacturing, healthcare and business service sectors. We work across the spectrum of Sales, Marketing and Business Development, providing holistic solutions that drive revenue and profit success. Cube Management combines Strategy, Process and People, to produce great results. Download the Cube Management Recruiting Guide and the Cube Management Inside Sales Guide.