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Casual Articles - Three Ways to Improve Your Sales Calls
Good Customer Service Turning Refunds Into Big Profits ows that many sales calls are too general and unfocused to be useful to buyers or sellers. Do your homework and manage your selling time. Understand their business. What are their challenges? What are they trying to fix, accomplish or avoid?Customer refunds can be such a big issue for both small and even large companies. Most companies just don’t like giving money back that they believe they have already worked hard for and to them it is just a drain on profits. Wrong, Wrong, Wrong!Customer refunds are not a drain on profits and in fact it has been the experience at my company that customer refunds actually add to the bottom line net profits. My business 3. It's a Good Reason: Not your reason. The customer's reason - for taking time out of a busy schedule for you, rather than spending it on other p The Power of Successful Logo & Branding You've got a hot prospect. You need a face-to-face opportunity to sell your product and services. So you stop by, without an appointment, hoping to make it past the receptionist and catch the decision maker in a rare unscheduled moment. "I was in the vicinity, and thought I'd just stop by to say hello." Well, at least you tried.Tips For Creating A Memorable Logo Everyday consumers are bombarded with millions of marketing and advertising brands. Typically you will only remember a handful of them and more than likely they are big business names. Competition in the logo world is difficult, but with these tips your businesses will shine.Take Time To ResearchDiscover what your competitors have alrea Of course, there is a place for pleasantries and the social aspects of business, but let's not confuse those with a sales call. Many salespeople focus on their own comfort area, on social calls and lunch dates – or the product pitch. And as a result, the sales process never gets off the ground. Before you try to meet with someone, you must ask yourself "What is the reason this person is meeting with me?" At Miller Heiman we call it a Valid Business Reason. It gives the potential buyer a reason for spending time with you. Having a Valid Business Reason for every sales call, whether in person or on the phone, is the considerate way of doing business. It tells buyers, no matter how long you’ve known them, that you've given some thought to their current challenges and that you're looking for solutions that are "valid" to them. Top sales performers understand the challenges of their customers 21% better than the competition. (Source: 2006 Miller Heiman Sales Performance Study) What is a Valid Business Reason? 1. It's Valid: It's all about the customer. Valid to customers means it's worth making time to hear about how you can help solve a problem that keeps them up at night. 2. It's Business: Research shows that many sales calls are too general and unfocused to be useful to buyers or sellers. Do your homework and manage your selling time. Understand their business. What are their challenges? What are they trying to fix, accomplish or avoid? 3. It's a Good Reason: Not your reason. The customer's reason - for taking time out of a busy schedule for you, rather than spending it on other pr History of Corporate Performance Management cts of business, but let's not confuse those with a sales call. Many salespeople focus on their own comfort area, on social calls and lunch dates – or the product pitch. And as a result, the sales process never gets off the ground. Before you try to meet with someone, you must ask yourself "What is the reason this person is meeting with me?"It was not possible for businesses to properly collect and analyze data before the 20th century. In 1970, decision support systems were introduced in business. Decision support systems can analyze one department at a time. In 1980, executive information systems were introduced. The executive information system can effectively summarize ongoing transaction within an organization. By 1990, business intelligence improved with At Miller Heiman we call it a Valid Business Reason. It gives the potential buyer a reason for spending time with you. Having a Valid Business Reason for every sales call, whether in person or on the phone, is the considerate way of doing business. It tells buyers, no matter how long you’ve known them, that you've given some thought to their current challenges and that you're looking for solutions that are "valid" to them. Top sales performers understand the challenges of their customers 21% better than the competition. (Source: 2006 Miller Heiman Sales Performance Study) What is a Valid Business Reason? 1. It's Valid: It's all about the customer. Valid to customers means it's worth making time to hear about how you can help solve a problem that keeps them up at night. 2. It's Business: Research shows that many sales calls are too general and unfocused to be useful to buyers or sellers. Do your homework and manage your selling time. Understand their business. What are their challenges? What are they trying to fix, accomplish or avoid? 3. It's a Good Reason: Not your reason. The customer's reason - for taking time out of a busy schedule for you, rather than spending it on other p Hey Mr Client, You're Fired! It gives the potential buyer a reason for spending time with you. Having a Valid Business Reason for every sales call, whether in person or on the phone, is the considerate way of doing business. It tells buyers, no matter how long you’ve known them, that you've given some thought to their current challenges and that you're looking for solutions that are "valid" to them.Have you ever had the client from hell? The one who has been with you for some time, maybe from the beginning, that every time you do a project for them they put you through so much grief that you feel like taking a flying leap from the top of a freeway overpass?Well my friend, DON'T JUMP - FIRE THAT CLIENT!It may sound like an unusual bit of advice, fire a client, but let's take a look at what a very difficult Top sales performers understand the challenges of their customers 21% better than the competition. (Source: 2006 Miller Heiman Sales Performance Study) What is a Valid Business Reason? 1. It's Valid: It's all about the customer. Valid to customers means it's worth making time to hear about how you can help solve a problem that keeps them up at night. 2. It's Business: Research shows that many sales calls are too general and unfocused to be useful to buyers or sellers. Do your homework and manage your selling time. Understand their business. What are their challenges? What are they trying to fix, accomplish or avoid? 3. It's a Good Reason: Not your reason. The customer's reason - for taking time out of a busy schedule for you, rather than spending it on other p Barking for Referrals understand the challenges of their customers 21% better than the competition.
(Source: 2006 Miller Heiman Sales Performance Study)Many sales people have no idea of what to do to be successful. Their employer has trained them in the product or service information, but hasn’t spent time teaching them how to sell. The worst companies just say, “Here’s the yellow pages, now go call people for the rest of this afternoon.”Jan has just been licensed as a financial planner. From her previous life as a dog groomer, this is a huge change, but one that What is a Valid Business Reason? 1. It's Valid: It's all about the customer. Valid to customers means it's worth making time to hear about how you can help solve a problem that keeps them up at night. 2. It's Business: Research shows that many sales calls are too general and unfocused to be useful to buyers or sellers. Do your homework and manage your selling time. Understand their business. What are their challenges? What are they trying to fix, accomplish or avoid? 3. It's a Good Reason: Not your reason. The customer's reason - for taking time out of a busy schedule for you, rather than spending it on other p Young Entrepreneurs - Ensuring Future Business Success During Childhood ows that many sales calls are too general and unfocused to be useful to buyers or sellers. Do your homework and manage your selling time. Understand their business. What are their challenges? What are they trying to fix, accomplish or avoid?At what age should children be taught entrepreneurial skills? According to Dutch Postbank, any age is a good time to start for young entrepreneurs.Dutch Postbank is providing children that open a new bank account with a briefcase full of supplies to help them start their first business. The briefcase includes materials for printing t-shirts, stickers, letterhead, flyers, and business cards. Dutch Postbank website also 3. It's a Good Reason: Not your reason. The customer's reason - for taking time out of a busy schedule for you, rather than spending it on other priorities. Tell the customer what you'd like to meet about and why you think this could be of value. It's about solutions. How can your solution help what they want to fix, accomplish or avoid. You are specific, because you've done your homework. Now, write it down in 25 words or less, so it can be left on a voice mail or with a receptionist. And remember, it's always from the customer's point of view. By defining your Valid Business Reason, you'll never again make a "cold call". You're doing strategic planning before every call – even the first visit to a new prospect. And your ability to get "face time" is improving dramatically. For a deeper look, and to learn how to create winning Valid Business Reasons, the Miller Heiman Conceptual Selling® workshop shows you how to:
These recommendations are based on Miller Heiman’s proven sales system. Our system provides a repeatable approach to use with every opportunity to close more deals, fast. If you’d like more information on this topic, or would like to discuss the results you'd like to improve, visit us at www.millerheiman.com and we'll recommend a solution that will best address your needs.
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