May 15th, 2017

Learning How To Overcome Sales Objections Is Key To Your Professional Growth

There is nothing more disheartening for a sales professional than to go through what looks, feels and sounds like a well-received sales presentation only to end up with an objection.

 

A sales objection can take on many forms depending on the relationship the customer believes he or she has with the sales rep. A good relationship may result in a more gentle type of objection such as “maybe next month” or “we don’t have the budget right now, but it is an interesting product.” For a more distant relationship or no relationship at all you may get a “not interested” or “your competitors offer better pricing, perks, service, etc.”

The key is to remember the type of objection doesn’t matter; it is all a way to say “no.” How you react after a sales objection is going to be critical to turning an objection into a successful sales closure. Learning how to overcome sales objections can help you make more sales and can also give you more confidence going into your sales calls.

Silence is Golden

Most sales reps go into hyper drive when they hear a sales objection. They immediately begin repeating key factors, sales points, and benefits of the product or service.

This is usually accompanied by the customer shaking his or her head in the negative and immediately moving to wrap up the meeting. This effectively shuts down the discussion and leaves you fumbling for a way to ask for another meeting.

A better option is to avoid this impulse completely. Take a deep breath, keep your face neutral and make eye contact with the customer. Count very slowly up to five.

Most customers will immediately move to provide a reason for the objection. That reason for the objection is a starting point for the next part of your sales presentation. In other words, they are telling you just what has to change for them to be able to make the purchase.

While silence after the objection may seem counterproductive, it is very helpful. This additional information provided by the customer allows you to ask a few more questions, getting a full understanding of the objection and allowing you to make another sale offer to eliminate the objection and move the sale forward in the right direction.

Learning how to overcome sales objections is key to your success as a sales rep. It is your responsibility to get past the standard objections that you come across in order to take your sales to the next level.

The Sales Coaching Institute is here to assist sales professionals and managers to become more effective at what they do. Visit our website to see our list of courses, coaching, and training option.

 

May 10th, 2017

Sales Leadership 3.0

Leaders in the sales industry are not born with some special genetic makeup or a particular set of skills. Rather, leaders in sales are the same as leaders in any other industry and have developed their skills in this specific area of professional growth.

Leadership means having more than just an idea of what is necessary. It involves being able to create a specific target and then motivate the sales team to achieve that target. To achieve this goal, the sales manager has to have a drive for success, have an ability to prioritize and also have the self-discipline to manage their goals effectively.

communication-graphic-two-people

The Communication Factor

Just having these attributes isn’t all that is required. The additional factor that turns great salespeople into top sales leader is the ability to communicate that vision in terms that are inspirational, motivational and crystal clear to the team.

Everyone has worked with a top sales professional that made a terrible manager. Not only were they unable to communicate their goals and their action plans, but they may have lacked the ability to connect on a relationship level with their team. Connecting well with your team and clients will create more open doors for you in the long run. Communication and relationship building are two of the next-level sales leadership skills developed by top leaders.

Intuition Balanced with Process

process-graphicAnyone who is effective at sales is effective in the sales process. This may not be identical to the steps used in the CRM (Customer Relationship Management) system used by the company, but it is consistent and within company policy. A top sales leader is able to work with the sales process in a way that is consistent, predictable and proven to boost sales.

With this in mind, a top sales leader is also intuitive in understanding where sales team members are struggling and how to provide support. Implementing mentorship and coaching programs and providing support to each team member on an individual and group basis is another task that great sales leaders get done.

Related Article: Top Qualities of Top Sales Earners

The Sales Coaching Institute provides group training and one-on-one coaching for those involved in sales leadership roles. To find out more, visit the website – SalesCoach.us.

May 1st, 2017

The Seven Deadly Sins of Selling

As a sales professional with any level of experience, there are several mistakes that, once made, turn even a promising sale into an uphill climb. These seven deadly sins of selling are easy to make, even by an experienced professional, so by recognizing the sins, you can create a plan to avoid them so that your future meetings will be more successful.

 

To help sales professionals, here are the seven deadly sins of sales and how they impact the customer and their willingness to make a commitment to a sale.

 

  1. Wasting the customer’s time

Small talk, repetition, redundancy and “fluff” in the conversation is going to turn off prospective buyers, particularly if you are selling into the C-suite. Keep the sales pitch streamlined and specific to avoid this sin.

 

  1. Not being fully prepared

There is no excuse today with information readily available online and in social media to not be prepared for your customer, the business, and trends in their industry. Of course, you also need to know your product. Take the time to do some extra research and refresh your knowledge of the products and services. 

 

  1. Telling rather than selling

Selling is about filling a need, solving a problem and creating a benefit in the mind of the customer. Just reciting facts and numbers won’t accomplish this goal.

 

  1. Personal accountability

Take the time to review your sales process and know what you are going to do in the sales meeting. Be accountable to yourself for setting goals and achieving them.

 

  1. Lose faster (Get to Next)

don’t dwell on a point once it is made. Engage the customer or client, explore the possibilities of the product or service as a solution and move on to the next part of the process. Bogging down will lose momentum and interest.

 

  1. Don’t internalize rejection

Avoid feeling personally rejected with a “no.” Instead, look towards the next meeting and plan for a new, creative approach to working with that client based on new information gleaned from this meeting.

 

  1. Close at every customer touch point

Don’t wait until the end to close an order. Close and confirm on all points of agreement as they occur in the meeting and the conversation.

 

Another key factor to remember is that listening is a critical part of sales. By listening to the customer, you will gain insight into their needs and problems, helping you to avoid several of these deadly sins.

 

At The Sales Coaching Institute, we provide training and support for new and experienced sales professionals. To find out more, visit us online at salescoach.us.

April 26th, 2017

Breaking Bad Sales Habits

Breaking Your Bad Sales Habits Is Possible

 

A habit is something that you start frequently doing, whether you were taught it or learned by trial and error. Many salespeople get into the habit of doing the wrong things, whether they realize it or not. If you wonder about bad sales habits and breaking them, you’re not alone. Many top salespeople have worried that they’re falling into a rut or doing the wrong things.

 

Poor/No Follow Upremember-follow-up-sticky-note

 

One of the biggest bad sales habits includes not following up after the call or doing so incorrectly. Breaking this habit is something that should work hard on as soon as you notice that you’re slipping. Why would you bother to start something if you weren’t going to finish it? The follow-up is how you gain control. If someone doesn’t seem that interested, a follow-up could be just what they need to decide to buy.

 

Related Article: The Power of Positive Sales Habits

Busyness Instead Of Business

Almost everyone knows how to seem busy without doing anything. You may act like you’re cleaning the equipment at a fast-food restaurant, but you’re really leaned over playing with your smartphone. Every moment of your work day should be productive, excepting breaks and lunch hours, of course. Time is precious, and most people squander it away, not realizing how much it hurts their productivity and output, as well as their income.

comfort-zone-quoteComfort Zone

There are times to be within your comfort zone and times to get a little uncomfortable in selling. However, always selling inside your comfort zone is just one of many bad sales habits that should be broken. You can’t achieve progress or growth if you never branch out and expand your mind. There are times when you want to work within the comfort zone, but it’s just as important to realize when to step outside the area and get a little uncomfortable.

Related Article: How Successful Sales People Grow

 
Contact us today if you are interested in breaking your bad sales habits for good.
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April 17th, 2017

How General Patton Would Lead a Sales Team! How To Become a Sales Rainmaker

If you were asked to list top professionals in the sales field in their industry and then asked those professionals to list their biggest influencers, you may be surprised to find out who makes it on those lists.

General-PattonOne name you may not expect to see is General George S. Patton. The methods he used to lead in the military can be transferred across lines to be extremely useful in the sales field. Just like Sun Tzu The Art of War is commonly referred to in the world of business.

General George Smith Patton Jr. (November 11, 1885 – December 21, 1945) was a senior officer of the United States Army who is best known for his leadership of the U.S. Third Army in France and Germany following the Allied invasion of Normandy in June 1944.

To see how General Patton would set up a sales team for success, consider his principles of command for every battle and every campaign he entered.

  • Be a Leader
    • Patton understood that to be an effective leader you had to truly be in command. This meant to make a plan and take responsibility for ensuring everyone understood and could be successful at his or her job on the team.
  • Make Accountability Mandatory
    • Everyone under Patton had to accept accountability for the tasks they were assigned. There was no passing the buck; rather the buck stopped here when it came to assessing both failures and successes.
  • Always Delegate
    • Patton was not a micro-manager. Instead, he used officers (supervisors and managers) to carry out the required tasks. If the manager is bogged down in the minuscule details there is no time to plan, organize and set the roadmap to the big picture goal.
  • Anticipate Problems
    • Proactivity looking for weak links or areas where there is or could be poor performance, problems are quickly recognized, corrected and moved past. This is very different than reacting to poor numbers or sales process problems after the results are tallied.

Finally, General Patton saw everyone, including himself, as replaceable. For sales, this means actively encouraging the team to constantly keep growing, developing and challenging themselves to do better and achieve more.

Related Article: Ronald Reagan’s Top 5 Motivational Quotes For Sales Professionals

The Sales Coaching Institute works with sales leaders and sales teams to develop basic and advanced sales skills to boost sales and exceed goals. Click here to learn more.