Inside Sales Buzz Blog

Inside Sales, Scripts & Cold Call Techniques from Michael Pedone

5-Step Plan to Help Good Salespeople Become Great

by MichaelPedone 29. August 2011 13:29

Sales Question:

“I've have over 7 years of sales experience (not all with the same company) but have yet to reach that "Top Sales Rep" status based on my numbers… What do I need to do?"

Sales Answer:

Everyone "wants" to be considered one of the best but only a few are willing to do what it takes to get there. If you're one of the few with a deep desire to be in that top 10% category here's a five step plan that can help separate yourself from the rest of the pack.

5-Step Plan to Help Good Salespeople Become Great

1. Love What You Sell / Believe in What You Do

This does not mean “trick” or “fool” yourself into loving what you sell / do. It means take a real hard look at yourself and be honest… is what you are doing / selling right now where you are supposed to be?

If the answer is “No” then the odds of you reaching the top are slim. And even if you do, so what? You still won’t be happy.

A house divided against itself cannot stand. Loving what you do and peak performance / results go hand-in-hand.

Sometimes the first step to becoming a top salesperson is having the wisdom to admit you’re in the wrong place and the courage to make a change.

2. Accountability

Hold yourself accountable for your success.

Take responsibility for when things don’t work out and praise others for when they do. Just because the economy is bad doesn’t mean you can’t make more money than you ever have before. Who says you can’t have your best year ever?

Too many potentially great salespeople sabotage their chances by placing limits on themselves and blaming outside forces.

Currently, the “economy” is the reason for poor results. When the economy is back on its feet, it will be that the “leads are bad” or “our competitors have a better product / service / pricing” etc.

Realize that you alone are responsible for your own success and there is enough business to go around for you and your competition.

3. Find a Mentor

Now that you’re in the right spot (or confirmed you were in the right place to begin with) and have committed to holding yourself accountable and responsible for your own success (or failures), the next step is to find a mentor who is willing to take you under his/her wing.

Mentors, in my opinion are different from coaches / consultants etc and the best mentors I ever had didn't cost me a dime.

They were usually top salespeople at the company I was working for at the time, or a VP of Sales or even the CEO. I would seek out those who had already achieved what I was after and asked for their advice. Don't be afraid to ask for help... Successful people like to share their knowledge with those who want to be successful. What they don’t want to do is waste their time with those who only “say” they want to be successful.

4. Do What Others Won’t

Get to work early, listen to motivational tapes on the way to work, role-play in the morning, read sales books, jump at the chance to go to sales seminars and/or attend sales webinars that your company is willing to pay for - and be willing to pay for them out of your own pocket if they won’t.

There’s a reason why the top salesperson category is a small group… the majority isn’t willing to do what the few are willing to do.

If you are going to run the race, run through the tape rather than give up 90% of the way.

5. Become a Mentor

Share what you’ve learned. Not only does it keep the cycle going for the next generation but it also helps you stay sharp.

Sincerely,

Michael Pedone
Chief Sales Scientist
SalesBuzz.com
(888) 264-0562 Ext. 1


Categories: General

Why Salespeople Should Be Held Accountable for Missing Quota

by MichaelPedone 22. August 2011 15:11

Sales Question:

“With the Up & Down Economy, Should Salespeople Still Be Held Accountable for Missing Sales Quota?"

Sales Answer:

Sales quotas are the yardsticks most salespeople are measured with.

Most companies have been soft on holding reps accountable for missing quota the past couple years and although I do believe that quotas for the most part needed to be lowered to adjust for the economic down turn, the accountability issue (or lack there of) is and was, in my opinion, a big mistake.

Not because “punishment” was in order for those who missed their numbers, but because a great opportunity has been missed for the salesperson and the company to make corrections and experience financial gains.

Missing Sales Quota Isn’t the “Problem”… it’s the SYMPTOM

It’s been too easy to buy into the “economy” for the reason why numbers haven’t been met on a consistent basis (Assuming that the “numbers” that were set were based on real criteria and not just “pie-in-the-sky” quotas that we all know companies can sometimes set)

Sure, the worst economic down turn in our lifetimes history has made it tough on all of us but what’s missing is the fact that bad sales habits and poor phone sales techniques that “worked” during the boom times are being overlooked or are going unrecognized as the finger get’s pointed everywhere except at the person who is missing quota.

Two Types Of Salespeople

There are two types of salespeople… those who blame others for their failures and those who use their failures as fuel to get better.

All of us have failed at one point and time in our careers and all of us have missed quota before. The difference is average salespeople blame others and top salespeople take responsibility and turn it into a learning opportunity to get better. It really is that simple.

Sincerely,

Michael Pedone
Chief Sales Scientist
SalesBuzz.com
(888) 264-0562 Ext. 1


Categories: General | Sales Questions

Have Prospects WANTING to Take Your Sales Calls

by MichaelPedone 15. August 2011 06:05

Sales Question:

“I want to build long term relationships rather than close transactional sales. One challenge I have is that many of the accounts I close do very little business with us. Once they are signed on I don't want to do the whole "Just calling to check in" bit. What's the most effective way to "check in"?

Sales Answer:

Let’s break this down into several parts…

For starters, when you say you want to "build long term relationships rather than close transactional sales" I take that to mean you want clients that will re-order from you on a more frequent / regular basis as opposed to “one-and-done”. And if that is the case, this starts prior to ever picking up the phone to make your first sales call on a lead.

Know Your Prospects DNA

Take the time to identify what your ideal clients DNA looks like and then only add prospects to your hit list that match that DNA.

Examples could be: company size, employee size, vertical, annual revenue etc (these are just the basics)

But trying to turn a frog into a prince so you can reap the benefits of tailoring clothes made for a prince is not a successful business strategy. Know what your ideal client looks like and then build your prospecting list around that.

“I don't want to do the whole "Just calling to check in" bit, what's the most effective way to "check in"?

You are right to follow your instincts and stay away from the "just checking in" routine. It's a waste of time for you and becomes annoying to them.

The solution is to become a valuable resource / industry expert in their eyes…

Don't be just a product specialist; be an industry leader who can help them help their business grow. Learn what some of the toughest challenges they have that is related directly or indirectly to what you sell to them.

Keep them informed and up to date about changing markets / technology / products / services… what ever applies…

But the ultimate goal is for you to help them grow their business, not sell your solutions.

Take a few creative writing classes and start your own blog / newsletter.

Get a WebEx account and host webinars that are designed to help your prospects / clients solve some of their toughest challenges that are related to your industry.

Maybe they are having a hard time “selling” your products / services (assuming you are a manufacturer and sell to re-sellers) ... why not set up a webinar with an industry leading sales person who is going to do a co-webinar with you on showing your targeted audience how to over come their toughest sales objections?

By creating something positive that will help them via blog / newsletter / webinar etc and having that show up on their radar (at least once a month but max once a week) you are constantly branding yourself as a leading expert and a value added resource.

So when you do call them, they will want to pick up the phone because they know you have something important to say to them.

Sincerely,

Michael Pedone 
Chief Sales Scientist
SalesBuzz.com 
(888) 264-0562 Ext. 1


Objective of First Time Sales Call

by MichaelPedone 8. August 2011 09:15

Pop Sales Quiz: What is the Objective of a First Time Sales Call?

Scenario: You have the name, number and email address of the CEO of a small business that you’ve identified as a strong candidate for what you have to offer. You’ve never spoken with this person before… they don’t even know you exist. You are about to make your first time call to them.

What is your primary objective of the call?

  1. Build Rapport
  2. Qualify
  3. Explain Your Services
  4. Close a Deal
  5. Other

Post your answers in the comments section here and I will reveal the answer later today. 


Categories: Cold Calling

Improving Sales Skills Long Term

by MichaelPedone 3. August 2011 07:52

How to Build Confidence, Eliminate Fear & Get Better Results Selling by Phone

Has “No Thanks”, “Not Interested” and “We’re All Set (Click)” responses turned your once stellar phone sales confidence into “rejection anxiety”?

If it has, I’m willing to bet it’s more than pride that has taken a hit. The negative effects of “sales phobia” are also felt in the wallet on paydays.

Simple “Cause and Effect”

Getting “kicked in the teeth” (rejected when selling by phone) over and over again will break a person down no matter who they are or how successful they once were.

But like it or not, we are responsible in large part for how our prospects react to us.

If you aren't getting the results you want, you don’t need a Major in Critical Thinking Skills to realize that its time for a new game plan. And once you have that new game plan you'll want to make sure you don't slip back into old habits.

Enter: Role-playing

The Key to Long Term Success

Once you’ve learned what’s causing the rejection (and the fear that comes along with it) and have a new and improved, up-to-date sales plan of action that carries a proven track record, the next step is to role-play on a consistent basis until you have these new sales skills / techniques down pat.

This is the glue that makes everything stick together.

Role-Playing: Why, When and How Often

If you were taught the right sales strategy and your execution was on point, you should see positive results right away. But I’m also assuming you wouldn’t just take a few guitar lessons and then expect to be ready to play with Metallica either. So the point is don't just do it a couple of times. The measuring stick used to determine if one is an expert is 10,000 hours of practice.

Role-playing can be done anytime however I’ve found it to be most helpful early in the morning before getting on the phones. Think of it like batting practice before each game.

Role-playing each day before the “first pitch” (sorry, couldn't help myself) is a great way to improve results all though I do understand that may be a big commitment for some so there’s nothing wrong with starting out slow with only a “one day a week” role-playing session. The only thing NOT acceptable in today’s competitive world is to do nothing at all.

Find what works for you and your team and make it a habit. Only 20-minutes per session is just fine. You may even want to record the 20-minute session and then have an additional 40-minutes set aside to allow for peers to critique the performance. Just be sure that everyone understands that when it comes time for critiquing, that we attack the behavior, not the sales rep. And don’t forget to be honest in your praise.

End Result

Role-playing allows us to get comfortable with our new found sales skills / techniques and helps us correct any misuse or misunderstandings of them. Doing this will build up confidence and help to eliminate fear, not to mention increase our paychecks.

Sincerely,

Michael Pedone 
Chief Sales Scientist
SalesBuzz.com 
(888) 264-0562 Ext. 1

Categories: General

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About the Author

Michael Pedone, founder and CEO of Live Online Sales Training Company SalesBuzz.com
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