ACTG Sales Management Blog

Sales & Sales Management Expertise Blog  

"Gone Fishing" for Sales Prospects

Posted by Alex Cole on Fri, Nov 15, 2019

I’m sure the majority of people have heard the Chinese proverb “Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.”

This, of course, means it’s more worthwhile to teach someone to do something (for themselves) than to do it for them (on an ongoing basis).  Well, I’ve created a new proverb. A sales proverb, if you will:

“Give a salesperson a prospect, and you strengthen their pipeline for a day. Teach a salesperson to prospect, and you strengthen their pipeline for their career.”

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Makes sense, doesn’t it?

A lot of the companies we partner with supply their new, or tenured, salespeople with leads consistently. In theory, this sounds great but it can cause problems long term. If you are feeding leads to your salespeople on a regular basis, we encourage you to continue to do so. However, your salespeople can’t, and shouldn’t, rely on them as their main resource for potential business.

They should be capable of replicating the process and generating their own opportunities! If they produce solely off of inbound marketing leads, the salesperson will just survive and not thrive within your organization. If they don’t know how to effectively create, cultivate and generate leads, they will only do what is required of them to sell and close the leads they’re given.  They also won’t try to uncover other opportunities and in the end, the sales manager (you), and the salesperson, will be disappointed with their performance.

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And, it’s not just a matter of teaching them how to prospect but how to prospect effectively. Anyone can go out and get a list of names but how they contact those names, what they say, what questions they ask- all play a role in effectively “fishing” for leads.

So how can you help your salespeople?

Start by setting a new lead expectation. Making it mandatory to produce fresh opportunities on a weekly basis will force your salespeople to go out and make the dials. Next, identify your “Zebra” or ideal prospect persona. For a better understanding of the concept and best practices on identifying “Zebras” watch this short Sales Guy Unplugged video.

Don’t let your salespeople call on anyone other than those that fit the personas identified!  After, research the best ways to reach your ideal prospect. Is it via email or phone call? Is LinkedIn, Facebook or Twitter their preferred social media platform?

Knowing how and where to reach your target persona will positively impact your salespeople’s’ ability to hunt, qualify and discover potential new business.

A salesperson's job, although difficult to do, is not difficult to understand. There are 3 major components:

  1. Go out in the marketplace and uncover opportunities.
  2. Qualify those opportunities.
  3. Close for the business.

Don’t let your salespeople get by on just using your internal leads- fishing for prospects is 33% of their job!

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Need more help? Download our free E-Book “Why is Qualifying a Prospect so #%&@ Hard”.   

Additional Resources:

Sales Productivity Tools

Must-Ask Questions Worksheet

Topics: hiring salespeople, Sales Management Training, hire better salespeople, consultative selling, increase sales leads,, sales effectiveness training, banking sales training, consultative sales coaching, sales training courses, online sales training, hire better people, insurance sales training, train the trainer

Sell Better. Coach Better. Hire Better.

Posted by Patrick Kollmeier on Tue, Nov 05, 2019

In today's blog or "vlog", we bring you our newest Anthony Cole Training Group's brand video.

Give it a watch below as we show you how we help build sales organizations into selling, coaching, and hiring better and what that means for their success: 

 

Topics: hiring salespeople, Sales Management Training, hiring sales managers, hire better salespeople, sales performance management, sales management tools, consultative selling, consultative sales coaching, online sales training, hire better people, insurance sales training, brand video

The Similarities Between Politics & Sales

Posted by Jack Kasel on Tue, Oct 29, 2019

In this blog, we discuss what it takes to differentiate yourself as a salesperson in the market today, and how sales and politics can often be similar.  As the public tends to avoid political candidates that sound like all of the rest, the same can be said in sales. 

If your salespeople sound like every other salesperson out there, how can they become the best version of themselves? If this happens to us as salespeople when we conduct our sales calls, and there is no perceived difference between our competition and us, we become a commodity

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If you listened to any of the Democratic Debates, you listened to approximately a dozen people try to convince their prospects, (the voting public), that they are different.  Many people tend to think of politicians as being “all alike”. 

If that happens to us as we conduct our sales calls, and there is no perceived difference between our competition and us, we become a commodity.  If we are perceived as a commodity, the deciding factor usually ends up being price.

As the candidates prepare for the debates, their focus groups help guide them through how to say certain things on specific topics, with the hope that a certain phrase will resonate with their prospect, (the voting public). 

In sales, we don’t have that luxury. 

In order for us to stand out, be different, or be memorable (we refer to that as Sales Posturing), we need to focus on the business problems our clients, or prospects, have. 

The best, and only way to do that, is by asking questions.  When we get the response from the prospect, we must ask more questions to confirm and clarify the problem in terms of emotional pain and the specific dollar amount it will cost them if the problem isn’t fixed. 

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That’s how we become memorable, that’s how we differentiate ourselves, and that’s how we bring value to the people we meet.


Getting back to politics — over the course of the next several months, we will see many of the candidates fade into obscurity.  Their message just won’t connect with the voting public.  In sales, we see the same thing.  Our phone calls don’t get answered, our voicemails don’t get returned, and our wonderfully crafted e-mails get ignored. 

Why?  Because to our prospect, or our “voters”, we just didn’t do anything to be, act, and sound different

In short, we didn’t connect.

If I can leave you with one thing to remember before going into your sales calls, it’s this; we can’t talk our way into an opportunity, however, we can question our way into an opportunity. 

The more time we spend asking questions, the less time we spend talking.  When that happens, we are different and memorable.  If you become exceptional at it, your chances of  getting “elected” by your prospects greatly increases.

Someone needs what you do...now get out there and go find them!  

Topics: hire better sales people, increase sales, hire better salespeople, consultative selling, sales effectiveness training, banking sales training, consultative sales coaching, corporate sales training, buyers journey, online sales training, politics, hire better people


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    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.

     

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