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Main Page » Business & Commerce » Sales
 

I Used To Do Sales, Then It Got Too Tough

 

What makes sales so difficult for some people and so much easier for others? Why do some companies thrive and others fail to catch on, even when they have a great concept? What is the secret to success in sales? Obviously, there are many answers to these questions, but I have discovered one that makes sales easier for almost everyone.

The answer is (not yet)

John, the cable guy, was at my house to fix the converter box that had decided to erase all of the programs we had recorded and refused to record any more. Not believing it was the boxs perogative to make those decisions, I called for help. John was very sharp. His ability with people was far beyond what I had observed from his peers who had been here on other occasions. I had an interesting conversation with him as he swapped out the box.

As he was leaving John asked, What do you do? When I told him that I was a sales consultant and trainer he lit up. I did cable sales for a while. Then we ran out of good leads and it got too tough. I made good money when we had good leads, but when we had to just do cold calling, it took too long to find an interested person.

What he was saying is that selling is easy if you are selling to people who want to buy. What a concept! Better leads = more sales.

The answer is effective Prospecting!

At its most basic, sales could be reduced to these two steps:

1. Find a willing party with a need.

2. Show them a solution that fits their need.

The better the willing partys need matches your solution, the higher the probability that a sale will be made. Even a relatively unskilled sales person can sell if the match is right. So, given that assumption, isnt it worth some effort to provide your sales team with better leads?

Unfortunately, too many companies put 100% of the prospecting on the backs of their sales team. Since many of the effective techniques for prospecting are more clerical or marketing related, shouldnt we reevaluate this approach? A $15/hour clerk can do mailings and free up a $50/hour sales person for real selling time.

Our local cable company is still advertising for sales people. Their turnover is awful. What would happen if they built a better lead generating system and kept their sales people in front of potential buyers? John might still be selling and bringing in new customers.

My recommendations:

A. If you are a company executive, build a prospecting system that generates good leads.

B. If you are a sales rep who has to fend for yourself, build a system and find someone cheap to manage it for you.

Good prospects = Good sales!

Author: Steve Waterhouse
 
Author Bio:

Steve Waterhouse

The founder and CEO of Waterhouse Group, Mr. Steve Waterhouse is the author of The Team Selling Solution: Creating and Managing Teams that Win the Complex Sale (McGraw-Hill, 2003) and Ending the Blame Game: 20 Rules to Live By (Englander Press, 2000).

A consultant and sales trainer, Mr. Waterhouse?s TeamSelling? process helps companies involved in complex sales cut both costs and selling cycle time by learning to coordinate their internal assets.

He set sales records in the semiconductor industry and when Steve took on the challenge of the struggling Vortech Corporation, he increased sales by 300% in just 24 months.

Some of Steve?s clients include AT&T, Roper Scientific, IBM, Xerox, Sun Microsystems, United Airlines, and Lucent Technologies.

Steve has appeared in Sales and Marketing Magazine, Selling Power, PC Week, Investors Business Daily, B2B, Entrepreneur Magazine, Washington Technology, Smart Partner Magazine, and numerous local publications and business journals.

 
 
 

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