ACTG Sales Management Blog

Sales & Sales Management Expertise Blog  

Close More Sales with AWATL

Posted by Jack Kasel on Wed, Oct 26, 2016

A guest post by Jack Kasel, Sales Development Expert, Anthony Cole Training Group

“What we have here . . . . is a failure to communicate.” 

You may recognize that line from one of my all-time favorite movies, Cool Hand Luke.  If you get nothing else out of this Sales Brew, do yourself a favor and go rent that movie.  You will be glad you did. 

Struther Martin’s character in the movie, Cool Hand Luke, makes that statement when the prisoner’s don’t do what is expected of them.  This same execution problem can occur during the sales process and it can cause problem with moving the sale to a timely close.  It usually manifests itself when something like this occurs . . . . . I think I know what you are going to do and you think you know what I’m going to do, but neither one of us really knows for sure what the other one wants or needs.  Thus, the need for the AWATL.

The AWATL stands for “As We Agreed To Letter”.  It is a brief correspondence that the salesperson should send out to clearly indicate what the expectation is (for both parties) on what is needed and expected.  It can be used early in the process or during the middle and is also extremely effective just before you present your solutions to the prospect.

The AWATL process is pretty simple, but it can be very effective.  It is a bullet-point letter or email which spells out the go-forward expectations for both the salesperson and prospect.  It also contains date-specific deadlines to make sure the process doesn’t get stalled or delayed.  Everything works better with deadlines and that is especially true when closing sales.  As mentioned previously, it can be VERY effective just before your closing presentation. 

The important elements of the AWATL includes:

  • The problems you have uncovered that your prospect NEEDS to fix
  • The budget you need to stay within
  • All the decision makers who will be present
  • Finally, and most important, the agreed-to and anticipated date when a decision will be made.

As sales professionals, we should try to control as many aspects of the sales process as possible.  We believe the AWATL can help you help you accomplish that goal… or at least help eliminate any misunderstandings that may hinder you from closing more business. 

In closing, please remember this, someone needs what you do . . . . make sure you don’t “fail to communicate” with them.

subscribe-to-blog.png

Topics: close more sales, effective sales process

Take Charge of Your Sales Meetings

Posted by Walt Gerano on Fri, Mar 11, 2016

sales-meeting-web.jpgsales-meeting-web.jpg

A guest post by Walt Gerano, Sales Development Expert, Anthony Cole Training Group

Prospects are great at being prospects; let’s face it, they get plenty of practice.  Every salesperson that calls on them gives them a chance to try things out to see what salespeople do when the prospect asks a certain question or responds in a certain way.  Advantage prospect.  Probably not the position salespeople want to be in on their next sales call.

So, let's ask the question, “Who’s in charge here?”

Sometimes salespeople are so happy to get in front of a prospect that they allow prospects to control the meeting.  Whatever question the prospect asks, the salesperson answers it.  Whenever the prospect asks for information, you give it to them.  When they want a proposal or quote, you go back to the office and begin to work on it. Who’s in charge?

If you don’t have an effective sales process and a methodology to prepare, you wind up answering questions, being on the defensive and have a difficult time finding out if prospects even qualify to do business with you.  After all, isn’t that why you are there?

I would agree that we should be ready for some of the questions designed to put you on your heels, but you must also have a “counter-attack” planned as well.  Suppose prospects ask you a question like, “Why should I do business with you?”

First off all, you should be ready for it and find out the real question.  Sometimes it’s a throwaway question… meaning that they toss it out there hoping you will spill the beans and give them some helpful information without any commitment. Or they have a problem and are trying to find out if you are good enough to help them.  Find out the real question and then answer it.

How will you use what you learned on the phone call to set up the appointment to help you qualify the prospect?  You must prepare questions in advance that help you discover the “Big 4”.

  1. Do they have a problem (PAIN) that they are committed to fixing?
  2. Do they have the time, money and other resources to commit to a solution?
  3. Do you know their decision making process and have you met with all decision makers prior to agreeing to present a solution?
  4. Did the prospect agree to a decision, yes or no, when you present?

If you answered “yes” to those 4, you have a prospect.

Regardless of the things the prospect does to derail you, remember these 4 things:

  1. You must find out why they took time to meet with you – the “why am I here?” question.
  2. You have to be of the mindset that they have to qualify to do business with you.
  3. You have the right to get all the information you need to do the job being asked of you.
  4. You have the right to make decisions that are not popular with others… and the right to walk away as well.

“Why should I do business with you?”  Tell them, “maybe you shouldn’t”, but if they have the Big 4, you should at least talk about it.

SUMMARY

Remember: To take charge of your sales meetings, find out if you have the Big 4:

  1. Do they have a problem (PAIN) that they are committed to fixing?
  2. Do they have the time, money and other resources to commit to a solution?
  3. Do you know their decision making process and have you met with all decision makers prior to agreeing to present a solution?
  4. Did the prospect agree to a decision, yes or no, when you present?

Topics: sales meetings, sales prospecting, effective sales process


    textunder

    Subscribe Here


    Most Read


    Follow #ACTG

     

    About our Blog

    Anthony Cole Training Group has been working with financial firms for close to 30 years helping them become more effective in their markets and closing their sales opportunity gap.  ACTG has mastered the art of using science-based data and finely honed coaching strategies to help build effective sales teams.  Don’t miss our weekly sales management blog insights from our team of expert contributors.

     

    Recent Blogs