Posts Tagged ‘sales buying’
Content Marketing Begins with Relevant Value
Content marketing begins with relevant value which emanates from strategic planning as demonstrated through market research. Potential customers, prospects, centers of influence or strategic partners are seeking new information. Your goal is to become one of the top resources in this quest for this endless flow of information. Sales Training Coaching Tip: To engage in content marketing without having a strategic plan has you in the role of Captain Wing It where you spray your efforts all over the place and then pray something will stick.
Of course there is a problem with all you can eat information, there is just too much of it. This is why relevant value is so critical.
Value as Marc Miller writes in his book A Seat at the Table truly comes from the client or prospect’s viewpoint. In other words, people buy on value unique to them. This is my sales buying rule #3.
Yes, there may be some generic value in specific industries or specific roles, however each organization has a culture of decision making based upon certain usually unknown values. The challenge for those in sales is not to have their perception of value supersede the potential customer’s reality of value. Sales Training Coaching Tip: Miller’s book is probably one of the best books on how to increase sales in today’s market place as well as to how to understand value.
Relevancy specific to value is what is most critical at this point in time and works with the two sales buying criteria of commitment and urgency. For example, if the organization is looking at compliance costs even though they also believe in building customer loyalty, what is more important to them right now? For whatever is more relevant will also be where there is greater urgency and a greater commitment to take action.
Writing numerous postings on this sales blog as well as a weekly column for the Post-Tribune of Northwest Indiana, regular contributor for NBiz Magazine based out of Houston, Texas, not to mention thousands of other articles, I am continually reviewing what the readers are seeking based upon metrics such as reads, retweets, etc. Even though I sincerely believe in strategic planning, leadership, business ethics and consistent goal setting, those articles do not receive as much attention as ones on:
7 Top Tips to Car Salesmen’s or Car Saleswomen’s Success – 52,583 reads published April 25, 2007
7 Tips to Real Estate Agent’s Success – 41,978 reads published May 16, 2006
What is Passion? – 17,630 reads published May 29, 2005
Content Marketing a Competitive B2B Advantage – 307 tweets since January 8, 2012
Uniting See Level with Sea Level to Reinforce an Engaged Workforce of Thinkers and Doers – 31% click through rate since August 1, 2011
Can Your Business Ethics Stand the Newest Wave of Bombardment, Social Media? – 7 reposts through EzineArticles since August 17, 2010
The challenge even though relevant value may work in tandem with two of the 5 sales buying criteria, it doesn’t necessarily guarantee a sale. Returning to the example of the first two articles about car sales people and real estate, many of these sales people do not have the allocated dollars to hire a sales coach. However the article still gives provides the opportunity to attract more attention and build more relationships. Yes I have earned dollars through these articles. Sales Training Coaching Tip: Determine your niche in content marketing.
To determine relevant value begins by listening to what your customers are saying; by listening to what others are saying; by listening to what is happening within your market place, your community and even the world. Also engaging in keyword research supports relevant value in content marketing. Keyword research can be your secret weapon to Be the Red Jacket, to stand out in the crowd with your blog postings to articles to even keynote speeches.
In today’s very crowded market place, does demand that you do stand out if you wish to increase sales. Content marketing based upon relevant value just may help you stand out a little quicker, may increase sales and may expand your market influence.
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How to Increase Sales Tips & Snippets #20 – No We or I as the Seller
Once again in the quest of how to increase sales, I received another marketing effort that was not about me as the potential customer or client, but was rather all about “we” or “I” as the seller. Maybe it is me, but such a message is a strong emotional turn-off. Sales Coaching Tip: Sales Buying Rule #2 – People buy first on emotion; justified by logic.
Here is the message as part of a LinkedIn request to connect:
Hello Leanne,
We (insert company), specialize (insert products or services) etc. If people are looking for your products over the Internet, we can help increase your sales.
Please let me know if we can help you with our Services.
Best regards,
(LI member’s name)
Beyond indicating we were friends as I did not know this person as they say from Adam, the message starts out all about their company. Sales Coaching Tip: LinkedIn allows members to research each company and telling me what “we” do is a waste of time and somewhat insulting as to my intelligence.
This message reminds me of what I wrote in Be the Red jacket about the 3Ps of price, product or proposal being spewed in the first few moments of any introduction. Total turn off.
Additionally, I begin to think am I going to get more of these type of messages by connecting with this person who I truly do not know? Sales Coaching Tip: Sales Buying #1 Rule – People buy from people they know and trust.
When marketing, selling or sales messages (call them what you will), begin with “we” or “I,” this indicates these individuals are not interested in their potential customers. Another valid reason for not beginning any marketing message this way is the seller immediately is constructing sales objections. Not smart in any language.
To be successful in sales requires leaving your ego at the door and truly being authentic and caring about your potential customer, center of influence or strategic partner. Using the words “We” or “I” during the first contact is not how to increase sales and will leave you pocket poor.
Sales Cartoon
Sales Quotation
“Without passion in business, you are one step away from being legally dead.”
Gus Olympidis President & CEO of Family Express
Share on FacebookSocial Media Goes Beyond The Keyboard
Social media is very much about the keyboard. Connecting with people happens with a few strokes of the key and sometimes just by one stroke when you indicate you like a post. Yet, many crazy busy small business owners fail to understand that social media is not a substitution for face to face meetings.
People buy from people they know and trust (sales buying rule). By meeting them, you as a potential vendor, strategic partner or even center of influence have an incredible opportunity.
Reach out and touch someone extends in the social media environments to an actual handshake.
Now with social media being a global event, it is difficult to reach out across the world, but with Skype and video cams you can connect with others and truly interact with them. Since there is still a lot of local business, meeting others face to face over a beverage or meal is a great way to truly get to know them and continue to build that trust. Sales Training Coaching Tip: Do not confuse a business to business networking event with having a one on one meeting with someone.
This morning I had an early meeting with two local Facebook friends over at another local business here in Northwest Indiana, The Uptown Cafe. Over the past year, we had interacted, but never had met each other face to face. What a pleasant opportunity to spend 60 minutes to physically meet these two individuals. One is a local realtor, Valarie Kucaki and the other Eric Wignall had a marketing firm. Sales Training Coaching Tip: Marketing is not selling, but the goal to increase sales can be achieved through effective marketing.
Discussion never once was about what each other did, but rather about points in common. From the conversation, I was able to gain a sense about the individuality of each person as well as their business ethics and values. The time invested was well worth it and I am glad that I scheduled and made time.
In fact, Eric shared one of his marketing goals is to have more of these face to face meetings with other small business owners in 2012. Sales Training Coaching Tip: Business is conducted locally as well as globally.
So as you continue to stroke the keyboard to keep connecting with others be it through LinkedIn, Google+, Facebook, Twitter or some other social media site, remember to invest some time to go beyond those keys.
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Emotional Intelligence Required Even in Email Marketing Business Strategy
Email marketing is suggested to be a proven way to increase sales. Each day in boxes are loaded with email messages of sign up for this, let me help you increase sales or buy this to ease your challenges. From my observation, most are poorly written, embrace a transactional selling perspective and totally lack emotional intelligence. Sales Training Coaching Tip: Understanding emotional intelligence as defined by Daniel Goleman is job one for those engaged in relationship selling.
Yesterday, I received the following totally unsolicited email (I have removed any direct reference to the source of the email to protect the innocent):
I run the #1 site on Google for the search term (listed one key word) and wanted to see if you would be interested in listing your business in our directory and home page?
The site also ranks well for these following terms:
(Listed 4 separate keywords)
We currently receive up to 5000 visitors a month from these search terms and I am sure you know that Google can be pretty expensive charging upwards of $10 per click for these search phrases. Being listed on our site will give you a consistent presence for the people searching these terms for a fraction of the cost. If you care to learn more please visit:
URL to the sender’s website
I look forward to your feedback.
Best,
Name of sender followed by phone number”
The first problem with this email is this individual failed to use my name. This tells me he doesn’t know me. Sales Training Coaching Tip: Not using the person’s first name breaks sales buying rule #1 that being:
People buy from people they know and trust.
Starting the first sentence of the first paragraph with the letter “I” suggests the email is all about the sender and not about the receiver. Sales Training Coaching Tip: Your message must be emotionally engaging otherwise you violate the second sales buying rule that being:
People buy on emotion first; justified by logic second.
Then because this person did not do his homework, the statement about 5,000 visitors per month failed to generate any value to me the potential customer because my site currently gets 8,000 visitors per month. His message broke the third sales buying rule of:
People buy on value unique to them.
Since I had some free time, I decided to respond with the following email:
“Yes, that is pretty appalling. I reread it a few time and the dude just seems pretty stuck in getting you in his directory – which by the way never seems to work.”
What Makes A Great Salesperson?
We have all heard “He or she could see ice to an Eskimo” or a similar statement about great sales people.
About once a month or so, in some social media website or in some syndicated online business column discussion invariably flows to this question:
What makes a great salesperson?
As sales are the life and breath of any organization, having a sales team that delivers a continued revenue stream is critical from small businesses to Fortune 100 organizations.
Now some firms look to competencies. Yet what may be a strong skill set for one individual may be lacking in another. However both may consistently exceed their sales quotas. Sales Training Coaching Tip: For a better understanding of a competency based model versus a results based model, the book Fail-Safe Leadership is a great springboard.
Then there are those who deliver their results, hit those sales goals, but their methodology may be somewhat suspect. Some pushy salespersons are quite successful.
And of course there are those who are just plain tenacious. They never give up, keep calling and calling very much like the energized bunny.
So what makes a great salesperson?
As to the answer to that question, I am not totally sure. My sense is the person requires at least these three characteristics and I am not sure characteristics is even a good word.
First, having a positive core sense of values (ethical behaviors) is job one. People buy from people they know and trust. Those sales people who honor their commitments to even turn down business when it is not the right fit are great individuals first and great sales people second. Sales Training Coaching Tip: Embracing the 3 sales buying rules helps to increase sales.
Second, knowing oneself with crystal clear clarity. Until you actually know your talents (meaning having some sore of performance assessment), then there is the potential for directing energy to vague or even moving targets. What I have learned is many people truly do not know what they do well, but they have far more accurate knowledge about what they do not do well. Sales Training Coaching Tip: Winning teams win because of the strengths (strong talents) of the team, not the weaknesses or non-talents.
Third, employing a consistent sales leads process from that initial meet and greet until after delivery of the solution is essential. Technology through the use of a customer relationship management system such as Landslide, Sales Nexus or Sales Force to even mobile computing through applications on smart devices enhances that sales leads process. Sales Training Coaching Tip: With more sales people having to wear more hats, working without a proven process is a recipe to remain pocket poor.
Then within each of these three characteristics are the subset traits including specific sales skills (technical), people skills as well as organizational skills. All of these traits, characteristics or talents support the goal to increase sales.
Being a great salesperson is not a one size fits all nor 3 top sales skills holder. People are unique and bring their own experiences and values to the sales process from marketing (meet and greet) to selling (overcoming objections). Also the culture within any organization can make even a poor sales person good and a great sales person bad.
So what makes a great salesperson?
Well that question will continue to be asked and answered until people stop selling.
Share on FacebookHow a People Friendly Web Presence Will Increase Sales
Having a web presence is critical to increase sales. How your site is constructed is part of being people friendly. Yet one missing and key puzzle from many websites is the person’s name. The reason for this missing piece is that many websites are owned by non-employed businesses (businesses without employees) or what is called “Single Office Home Office” (SOHO). These dedicated entrepreneurs in their desire to appear bigger than they actually are will talk in generic terms about their team, but do not provide specifics such as their real names. Unfortunately, this mindset violates the first two of the three sales buying rules and immediately begins to create sales objections.
For example, today I received a Twitter follower notice. I clicked on the website and was taken to a site that had very little traffic (presuming this from Alexa.com ranking). Then I attempted to learn who the actual person was behind the Twitter handle. I had to go to Amazon.com to find the book that was being promoted to learn the author’s name. (The graphic of the book was so small I could not read the name.) Then I did a quick “Google” search and very little appeared. Even though the website had social media links, in the first 10 hits, 7 hits were about the book with one being social media, Facebook. LinkedIn, GooglePlus and the primary website did not show up on page one. Sales Training Coaching Tip: To be the Red jacket requires 100% alignment between all marketing mediums.
If I was searching for leadership training or leadership development, this site leaves out the Who and Where on its primary website even though its Twitter ID indicates Washington, D.C. In a few quick strokes of the key I did manage to locate the individual on LinkedIn and possibly he does not need to have alignment between his marketing messages. His LinkedIn profile shows his corporate logo and not a face which is a big No No for LinkedIn. (I am surprised he has not been reported.) And again, if people buy from people they know and trust, not having a real picture is like waving a the Red No Trust Flag. Sales Training Coaching Tip: If your name cannot be easily found, most people will not make any additional attempts to learn more about you.
In this age when people can write anything on their blogs and websites, establishing first glance credibility through your web presence is critical and must include your name. From a quick review of this particular business, it appears this individual is leveraging existing government relationships and does not need to actively market his services. His website is more of a billboard than an inbound marketing channel. This reminds me of the old story about putting all your eggs in one basket as well as build it and they will come.
Yes, your web presence must be people friendly to increase sales. What that means is to make sure you include your real name in your site whether it is under the tag “about” or “about us” some other descriptor such as internal hot links. Remember people friendly means first people and second friendly. People from my observations and own personal behaviors do not buy from robots or vague businesses.
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Match Business Ethics and Values to Increase Sales
If people buy from people they know and trust, then maybe it is time to match your business ethics and values with your potential customers (prospects) as you look to increase sales. Sharing high business ethics and values have been an important criteria for me in my executive corporate consulting and small business coaching practice. Sales Training Coaching Tip: Know the three basic sales buying rules.
David Logan author of Tribal Leadership addressed this issue in a recent blog over at BNet. Even though his posting is more about internal customers (employees), the same applies to external ones.
There are some clients who have a high PITA factor either from the very beginning or actually due to be spoiled by the salesperson’s attention the PITA factor grows. Now depending upon the profit margin, some PITA customers are worth keeping while with others their are no dollars that can justify having this customer. Sales Training Coaching Tip: PITA – Pain in the _ _ _
One of my clients, Rick Gosser, shared with me he recently fired a client. I asked him how he felt about this and his response was great. He further stated the client was a nice person, but this person’s values and his values were clashing after the second order. The grief and aggravation was not worth the nice profit margin. Sales Training Coaching Tip: Discovering this early in the sales relationship is far better than discovering it later.
Over the years I too have had to fire a client. Thanks heavens those firings and have few and far between. What I have learned is that I accepted the client because I wanted to increase sales or that I had not invested enough time in learning about the client’s core positive business ethics and values. From these firings, I have added this qualifying sales criteria: Must be committed to taking action.
Sometimes even with the best due diligence, salespersons secure “stinky,” demanding over the top clients. Nothing is ever right. Continued redo’s and additional solutions are expected without cost to the customer. Sales Training Coaching Tip: By spelling out what you are going to deliver in your statement of work or proposal helps to avoid what is called “scope creep.”
One of the first actions to take before meeting with a potential client is to do some research regarding his or her business ethics and values. By checking out the customer’s website, reading the corporate values statement, looking at some social media sites such as LinkedIn, all help to understand the prospect’s surface business ethics and values. Then after meeting him or her you can better determine the extent of his or her business ethics and values.
Yes times are tough and no one wants to lose a client. However, sometimes by ensuring your business ethics and values match your potential customers’ will not only help you to increase sales, but may potentially help to reduce stress and stay even more focused with those customers that appreciate you.
Share on FacebookHow to Increase Sales Tips & Snippets #14 – Be Human
If you are looking for a how to increase sales tips, then start with a “Be Human” belief or attitude. People buy from other people they know and trust – humans – not robots. How many times a day do you receive an unsolicited email or even an email from a business acquaintance where your first name is never used? Sales Training Coaching Tip: If you remember the three sales buying rules, this may help you to begin to overcome the five sales objections.
This past week I connected with another sales coach on LinkedIn per his invitation and sent him a message about setting an appointment just to learn more about each other. His second message to me did not even include my first name. I could tell this was a cut and paste message. Talk about being impersonal or not human.
One of my colleagues, Dan Waldschmidt said:
“We do not have a selling problem,
we have a caring problem.”
I could not agree more. How many times do we attend business to business networking events and suddenly we find ourselves in the pump and dump interactions as coined by another colleague Jeb Blount? Sales Training Coaching Tip: Get a copy of People Buy You to better understand how to be human.
President Theodore Roosevelt said:
“No one cares how much you know
until they know how much you care.”
So next week as you continue to work your goal to increase sales, embrace the words of Roosevelt, Blount and Waldschdmit, Start demonstrating you are a human being instead of a self serving, self promoting salesperson. Possibly the reason you are so crazy busy is you are working too hard selling and not working hard enough to truly care?
Sales Cartoon
Sales Quote
“You cannot sell yourself to others;
you have to get others to buy you on
their terms.”
Jeb Blount
Share on FacebookVision, Innovation and Emotion a Winning Increase Sales Formula
The passing of Steve Jobs for me reflects how vision, innovation and emotion when united can increase sales, develop very loyal customers and ultimately be the winning formula for business success.
Vision
Vision to see what others have failed to see is the first step. There have been many visionaries in our history from the early scientists who were punished for what they saw to the Founding Father of United States of American to individuals such as Mother Theresa.
Years ago I came across this Chinese Proverb and it is one I repeat regularly to my sales coaching and strategic planning clients and when I am asked to deliver a keynote speech.
Vision without Action is a Daydream;
Action without Vision is a Nightmare.
Each of us can be visionaries like Steve Job. Our success financially may never equal his, but that should not stop us from thinking towards the future.
Innovation
Innovation is truly about having a vision and taking action to as Captain Picard of star Trek so often said:
“Make it so!”
Yes, others created the successful products of Apple. However, Jobs role was to be the forward thinking leader who challenged what could not be done.
Emotion
Jobs understood the second sales buying rule extremely well:
People buy first on emotion; justified by logic.
Technology customers wanted products that were reliable; that were cutting edge; that worked with their lives and that were functional and yet had a unique form. This want was 100% purely emotional and that emotion created a very strong and loyal customers’ bond between Apple and the users of Apple products.
Job’s complete understanding of this second buying rule worked not only with the third sales buying rule, but helped to overcome the fourth sales objection – Price. Customers were willing to pay more for an Apple product.
By uniting an incredible vision, innovation and emotion, Jobs was able to craft a winning increase sales formula. And beyond being an individual of value, my sense is this is his greatest legacy.
Do You Truly Have A Sales Problem?
Many times sales coaches or business improvement consultants are hired because there is a sales problem. Yet, after the dust settles, the real problem is not how to increase sales (even though there is always room for improvement), but rather marketing. Part of this reasoning is that confusion still reigns as to what is marketing, selling and sales.
Marketing is not glossy brochures or “fancy, dancy” websites or thousands of direct mail pieces. These are the actions of marketing. The purpose of marketing is pretty straight forward:
- Attract attention (positive is usually better than negative)
- Build a relationship
The end result of marketing is:
- To make a friend
- To be asked back for that first 15 to 30 minute one on one face to face meeting (phone calls permitted as well)
This past week I have devoted considerable time and energy to marketing from how to increase sales tips through free PR to today’s business column over at the Post-Tribune where I wrote about the 3 Bs of business and the cascade effect of poor marketing messages:
- Boring
- Befuddled
- Broke
Also later today, September 26, at 9am, 2pm and 7pm eastern time, I will be sharing some thoughts on marketing over at the Michigan Business Network. In all instances, the focus is on creating an emotional engaging marketing message especially the response to this question:
What do you do?
The key word here is emotional because as the second sales buying rule states:
People buy first on emotions; justified by logic.
This week I am giving a presentation over at the Hammond Innovation Center on Fourth Quarter Scramble. Again, this presentation will focus more on integrated marketing rather than on selling. Sales Training Coaching Tip: Effective marketing will pull you closer to your potential customer or prospect.
For the past 6 years I have been learning more and more about marketing especially within this digital 2.0 world as well as traditional marketing. Yes for some very savvy Internet marketers they will say it is beyond 2.0. However for the sake of those who are not as nearly as experienced, 2.0 is still an accurate designation. What I have learned is that without a solid and firm integrated marketing plan supported by an incredibly emotional and engaging marketing message, small business owners will still remain pocket poor (translated as no increase sales).
One way to determine if you have a marketing problem is to look at how many people (sales leads) you connect with and how many people becomes your friend and ask you back for that coveted get to know you first time appointment. A sales problem would be you have the first time to second time appointments to sixth time appointments, but cannot earn the close the sale. Sales Training Coaching Tip: Knowing your numbers is critical to business and sales success.
The goal to increase sales is critical for surviving and thriving in today’s global market place. However, make sure you truly have a sales problem (meaning you are not converting your sales leads) to ensure your ultimate goal that being to increase sales.
P.S. In my book, Be the Red jacket, I devote considerable time to this confusion between marketing, selling and sales. Reading this book may help you better assess your awareness, create greater clarity and energize your sales execution. The book is also available in a Kindle edition.
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