Inside Sales Buzz Blog

Inside Sales, Scripts & Cold Call Techniques from Michael Pedone

A "Monster" Sales Mistake to Avoid

by MichaelPedone 18. June 2013 04:33

Sales Call Introduction:

"Hi… I'm just calling to introduce myself as your new account manager…"

Sales Lesson:

The other day I posted a sales position opening on a well-known job site. A few days later a sales rep from that company called me. This is how the call went:

Me: “Thank you for calling SalesBuzz.com this is Michael, how can I help you?”

Salesperson: “Hi, um yes, is this Michael Pedone?”

Me: “Yes, how can I help you?”

Salesperson: “I’m just calling to introduce myself as your new account manager."

Now let’s stop the call right there. I’ve been doing this long enough to know that the real reason this person is calling is to see if I’m a new revenue source for him. In other words, since I just posted a job listing, he wants to establish a “relationship” so any future job postings I do, he will get credit. At least that was my impression from the instant analysis that I did (don’t think for a minute that your prospects aren’t “analyzing” you on the spot either)

Here’s the problem…

The salesperson is only calling to see if I can help him. And that message came through loud and clear. Even though all he said was “I’m just calling to introduce myself as your new account manager”.

So my “tone” turned on a dime the second I realized it wasn’t an inbound lead AND the fact that he was calling to see how I could help him. Again, at least that was my impression.

The gentleman was quickly blown off the call. And the email he sent with his contact info was deleted a second after I received it. What do you want to bet it happens to you as well if you use that kind of opening line (“I’m calling to introduce myself as your new account manager”)?

Come on, Give the Guy a Break…

A break? You think I’m being too harsh. How about this…

What would it have been like if his opening line was this instead:

“Hi ______, this is ________ with _______. Reason for my call is I have a few ideas on how to help you get more qualified applicants to respond to your recent job placement ad and if I caught you at a good time, I’d go over them with you real quick, would that be OK?”

Now who in their right mind would blow that call off?

The sales person still has the same OBJECTIVE… to determine if I can be a source of revenue for him. The approach however is much different. One is all about what I can do for him, and the other is how he can help me get what I’m after. I’m willing to pay people that can help me get what I’m after. And I’m willing to bet, your prospects feel the same way.

Michael Pedone
CSS: Chief Sales Scientist
SalesBuzz.com - Because Salespeople Don't Want to Be Trained, They Want to Be BETTER!
888-264-0562 ext. 1

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Categories:

How To Get More Referrals from Clients

by MichaelPedone 11. June 2013 05:19

Sales Question:

"How Can I Get More Referrals from My Clients?"

Answer:

I’m not a fan of asking my clients the “who do you know?” referral question. If they decide to recommend my services on their own, that’s one thing. But calling them up and putting them on the spot to cough up some names isn’t something I’ve ever felt comfortable with. I don’t like it when it happens to me, so I don’t want to do it to others.

Prospecting Without Pestering

Generating referrals is a form of prospecting. A way to generate leads. The premise is to hopefully generate a higher quality lead. The “who do you know?” question is not only off putting in most cases (IMHO) but also only generates a few names as it is. I believe there are better ways to generate higher quality referral leads without risking your clients not wanting to take your future calls.

One way to do this is by creating a value added webinar on a subject matter that helps your targeted audience solve a problem (Try and keep the webinar to 20-30 minutes max)

Next, email your clients a quick note about the webinar, the problems it solves and who should attend and the link to register and then simply ask them if they wouldn’t mind “forwarding” the email to any of their contacts that they feel could benefit from it.

Do it right (meaning, have the right message – solving the right problem etc) and don’t be surprised if you get 50 to 500 new prospects registering for your webinar.

CAUTION…

  • DO NOT SELL YOUR PRODUCT OR SERVICE AT ALL IN THE WEBINAR.
  • DO NOT START THE WEBINAR WITH AN INTRODUCTION OF YOUR COMPANY AND WHAT YOU DO.
  • DO NOT MAKE A SALES PITCH OF ANY KIND.
Simply get in there, introduce who you are, what problem you are going to solve and who the webinar is for and then get right to it.

Resist the urge to talk about you, your company or why prospects should buy from you. This isn’t a sales pitch. It’s a way to get on a bunch of new prospects radar and get them to view you as a trusted advisor.

If you need to see an example of a model to follow, take a look at this webinar to help inside sales teams get more prospects to return their voicemail calls: Cold Call Voicemail Scripts, Tips & Strategies Webinar: How to Increase Call Backs by 10% Starting Today!

THE PAYOFF

With one 30-minute webinar and one email to your clients, you’ve generated a host (50-500) of fresh pre-qualified leads (they wouldn’t register for the webinar if they weren’t at least pre-qualified to be considered a suspect) all without picking up the phone and making one “who do you know?” referral call to your prospects.

Just make sure you have an intelligent call strategy after the webinar because if you call them and say something like: “Just calling to follow up with you” you’re going to sound like every other inside sales rep and you will quickly get blown off the phone.

Michael Pedone
CSS: Chief Sales Scientist
SalesBuzz.com - Because Salespeople Don't Want to Be Trained, They Want to Be BETTER!
888-264-0562 ext. 1

Sales Numbers Need a BOOST?

Register Now for Our Next 8-Week Phone Skills Improvement Program!
  • Eliminate "No, Thanks", "Not Interested" & "We're All Set" Responses from Cold and Warm Calls
  • Neutralize Gatekeepers & Get Voicemails Returned
  • Ask Engaging Questions Instead of Probing
  • Improve Your Sales Questioning & Qualifying Skills
  • Give Stellar Presentations & Handle Objections
  • Close Follow-up Calls and Get Targeted Referrals
  • How to Set & Achieve Your Toughest Sales Goals
  • Improve Your Time Management Skills
Duration: 1 hour per week for 8 weeks
Where: Online @ your desk, conference room or home
Presenters: Michael Pedone

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Inside Sales And Drip Email Marketing

by MichaelPedone 4. June 2013 02:54

Sales Question:

"Should Inside Sales Reps Use Drip Email Marketing Campaigns?"

Answer:

Yes. But they need to be handled correctly. Last thing any business owner wants is each individual sales rep in their company sending out mass email messages. So I would highly recommend that a marketing person be put in charge (with input from the sales team) to manage the drip email marketing campaign.

And remember… The purpose of a drip email marketing campaign for an inside sales person is to:
  1. Build the salesperson (or your company / organization) up in the prospects eyes as a trusted value added resource; And…
  2. Be “top of mind” as a potential solution provider when a “trigger event” happens on the prospects side.

What’s a “Trigger Event”?

A trigger event is when something happens that causes your prospects to recognize a problem. In essence, its what causes a “warm lead” to become warm.

Using a drip email marketing campaign that constantly brands you (or the company you work for) as an industry leader in solving specific problems for your target audience, when done correctly is a very effective strategy for turning cold leads into warm ones.

Should “Drip Email Marketing” Take the Place of Sales Calls?

Only if you want your sales to plummet. Make the sales calls first. Add the drip email marketing campaign second. All of the “no’s” you get - add those prospects to a solid drip email marketing campaign (that they can opt out of, of course) and watch how many “YESES” you start to get down the road as trigger events naturally happen.

Doing this will free up your time to research and call on new prospects. This way you are always having a steady stream of new calls / contacts being made rather than fishing in a stilled pond of old prospects.

What’s One of the Biggest Mistakes Inside Sales People Make When Using Drip Email Marketing Campaigns?

The same mistake as when they make their sales calls… They don’t know what to say to pique the prospects interest. For drip email marketing to be effective, you need to:
  • Solve a problem your audience has.
  • You want to HELP not SELL.
  • You want to GIVE more than you TAKE.
I’m on this one salespersons drip email marketing campaign and she will never earn my business… here’s why:
  1. She has NEVER called me. I have no clue who she is other than that she always sends emails, asking for a 30-minute phone call. The drip emails she sends are all about trying to set an appointment. Her emails have done NOTHING to brand herself (or her company) as a leading solution provider for what I might need. The only thing it has done was reinforce that she really doesn’t know my business, or how she could help it grow – she has branded herself as a pesky salesperson. NOT GOOD!
  2. Her emails to me usually say something like “Because I had come across your company profile and thought there might be a fit…” Well, if we might be a fit, why not give me a real example of what you could possibly do for my company? Where’s the What’s In It For Me message?
Drip email marketing campaigns can be a great way to generate “hand raisers” (warm leads) and it can also be a fast way to damage your reputation and make your prospects not want to speak with you.

Use it the right way (by providing the right type of content) and you will eventually spend more of your calls with warm leads while freeing up time to make fresh new sales calls.

Michael Pedone
CSS: Chief Sales Scientist
SalesBuzz.com - Because Salespeople Don't Want to Be Trained, They Want to Be BETTER!
888-264-0562 ext. 1

Tired of Being Rejected When Selling By Phone?

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  • Eliminate "No, Thanks", "Not Interested" & "We're All Set" Responses from Cold and Warm Calls
  • Neutralize Gatekeepers & Get Voicemails Returned
  • Ask Engaging Questions Instead of Probing
  • Improve your Qualifying Skills
  • Give Stellar Presentations & Handle Objections
  • Close Follow-up Calls and Get Targeted Referrals
  • How to Set & Achieve Your Toughest Sales Goals
  • Improve Your Time Management Skills
Duration: 1 hour per week for 8 weeks
Where: Online @ your desk, conference room or home
Presenters: Michael Pedone

SPECIAL BOGO OFFER: 2nd Registration is Free!

Get Instant Pricing for Individuals & Group Rates Delivered via Email!

Sales Meetings: When is Best?

by MichaelPedone 21. May 2013 03:12

Sales Question:

"When is the best time to have a regularly scheduled team meeting?"

Answer:

Depends on what your definition of "team meeting" is as well as what are you attempting to accomplish with a sales meeting. One of the fastest ways to kill sales motivation is to have a pointless meeting that drains your inside sales teams energy and enthusiasm.

Sales Team Meetings Should Have Goals / Objectives

Best meetings I've been to are the ones where we are working on perfecting a specific sales skill. So rather than listen to the manager try and come up with a new way to say the same old thing they've already said in the past (multiple times), it was focused on skill building. Something we would actually benefit from. Immediately.

Role-Playing

Having break-out sessions where inside sales reps had to role-play with their peers while being critiqued (in a positive, not critical way) is going to be far more effective at generating new business than will a typical sales meeting where the sales reps are being "talked to". (Just make sure they are role-playing the right sales techniques... last thing you want them to do is reinforce bad sales practices)

One-On-One Sales Meetings

When it comes to reviewing ones sales numbers, goals, short-comings, expectations and objectives, I feel one-on-one meetings are more respectful and produce better results. Sales people need to have thick skin and deal with rejection but wise sales managers will know what conversations need to be held in private.

Hope this helps.

Michael Pedone
CSS: Chief Sales Scientist
SalesBuzz.com (A 2011 Sales Training Company Watch List Award Winner & 2013 SellingPower Top Sales Training Company Contender)
888-264-0562 ext. 1

STOP Losing Deals You Should Have CLOSED!

Register Now for Our Next 8-Week Phone Skills Improvement Program!
  • Eliminate "No, Thanks", "Not Interested" & "We're All Set" Responses from Cold and Warm Calls
  • Neutralize Gatekeepers & Get Voicemails Returned
  • Ask Engaging Questions Instead of Probing
  • Improve your Qualifying Skills
  • Give Stellar Presentations & Handle Objections
  • Close Follow-up Calls and Get Targeted Referrals
  • How to Set & Achieve Your Toughest Sales Goals
  • Improve Your Time Management Skills
Duration: 1 hour per week for 8 weeks
Where: Online @ your desk, conference room or home
Presenters: Michael Pedone


How to Improve Your PRESENTATION to CLOSE Ratio w/One Sales Question

by MichaelPedone 14. May 2013 09:34

Sales Question:

"We’ve seen an increase in new inbound (warm) leads recently and the number of our presentations are up but our closing ratios are not. Any advice?"

Answer:

There could be lots of reasons for this however when it comes to handling warm leads, one must be careful to not assume that the prospect is ready for a solution. Many inbound leads could be from “information gatherers” disguised as decision makers.

And no matter if you are speaking with an information gatherer or the actual decision maker, a very important fact needs to be uncovered prior to giving a presentation and that is:

Have they made the decision to purchase and are looking for the best solution or…
Are they investigating to see what solutions are out there in order to determine if the problem is worth solving?

WHAT’S THE DIFFERENCE?

The difference is this: one is already closed on wanting a solution and the other is not.

A prospect that has already made the decision to make a purchase and is in the research stage of which solution to purchase needs to be handled very differently than a prospect that has an interest in what it is that you have to offer but has yet to decide if they should make a switch to begin with.

Ever give a stellar presentation that the prospect loves and totally agrees with you that your solution would be the best choice, only to not have them buy from anyone, including your competitors?

In most cases, it’s because they haven’t yet made the decision to solve the original problem. And that’s a problem for you if it goes unchecked.

If a prospect has made the decision to find a solution and they are simply looking for the best one, we ask questions that will uncover what their ideal solution looks like to them and why (so we know how to custom target our presentation)

If they are simply in the investigative mode, we ask questions that uncover the motivation behind looking into possible solutions to begin with as well as the pros and cons for solving it (because we first need them “closed” on wanting a solution before we can close them on selecting our solution, make sense?)

I suspect however that a 3rd option might be at play here as well and that is, neither of these type of sales questions are being asked but rather, a warm lead comes in and an assumption is made that they are ready to buy and a “data dump” canned presentation is done without identifying where the prospects position is or what’s important to them.

So How Do I Know Where They Are In the Sales Process?

Try customizing the following sales question to your specific industry:

“Mr. Prospect, have you definitely made the decision to replace your current accounting software program and are simply looking for which solution would best fit your needs or are you still investigating whether or not you should make a switch in the first place?”

Really only two choices available from the prospect:

Choice 1: "Yes we definitely know we want a new solution, we just need to find out which one would be best for our needs" (and look at that… the perfect segue into asking sales questions that will identify what matters most to them)

Or

Choice 2: "No, we haven’t yet decided if we should make a switch, we are just in research mode right now" (and now you can ask questions that will uncover some of the reasons why they are looking for a potential new solution and uncover their thought process of why they should keep the current solution in order to help determine if a new solution would be the right choice. And if it is, well, you’ll know what to do next)

Hope this helps.

Michael Pedone
CSS: Chief Sales Scientist
SalesBuzz.com (A 2011 Sales Training Company Watch List Award Winner & 2013 SellingPower Top Sales Training Company Contender)
888-264-0562 ext. 1

STOP Losing Deals You Should Have CLOSED!

Register Now for Our Next 8-Week Phone Skills Improvement Program!
  • Eliminate "No, Thanks", "Not Interested" & "We're All Set" Responses from Cold and Warm Calls
  • Neutralize Gatekeepers & Get Voicemails Returned
  • Ask Engaging Questions Instead of Probing
  • Improve your Qualifying Skills
  • Give Stellar Presentations & Handle Objections
  • Close Follow-up Calls and Get Targeted Referrals
  • How to Set & Achieve Your Toughest Sales Goals
  • Improve Your Time Management Skills
Duration: 1 hour per week for 8 weeks
Where: Online @ your desk, conference room or home
Presenters: Michael Pedone

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About the Author

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