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3 Things That Will Increase Sales in 2020 and Beyond

Posted by Jack Kasel on Wed, Feb 12, 2020

The most successful salespeople are always challenging and adapting their personal sales process to be more effective.  However, they don’t challenge the notion of the importance of making prospecting their "A" priority every week. 

They know that no matter how successful they are, if they don’t continue to add new relationships, that eventually, their business will decline.  If you really want to increase sales this year, you MUST block off time every week for prospecting new clients.

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As we think about all of the things as sales professionals that we're supposed to do, it really comes down to three things that actually get us paid: 

  1. Find Opportunities
  2. Qualify prospects
  3. Get a decision

I want to focus on the first thing we get paid to do and that's to find opportunities.  There are many ways we can find opportunities⁠—cold calls, drop ins, direct marketing, social selling (LinkedIn and Twitter), getting introductions, etc. 

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Although there are many ways we can prospect, some provide a higher return on the biggest investment we can make, and that’s our time.  In a previous blog, I tried to debunk the “time management” problem.  It isn’t a time management problem, it’s a priority management problem

As we focus on prospecting, the least return on our investment is cold calling.  For all the time you invest in cold calling, the actual return (speaking to a decision maker) is extremely low.  We know it’s a necessary evil, but not a permanent problem.  On the other hand, it is a proven fact, the highest return on our prospecting time is in getting introductions.  

So here is what I would like you to consider:

  1. Time blocking
    • Do you have time set aside each week to prospect? If you don’t, you would be well-served to block time to prospect
  2. Allocate your time within the time block you’ve scheduled
    • If you have allocated an hour a day, my recommendation would be:
      • If you have allocated 15 minutes to cold call, you should be able to get 15 calls in within that time. If you call 15, you will probably speak with two people.  How long does it take to NOT talk to 13 people?  You can make a lot of calls in 15 minutes if you are focused.
      • 15 minutes for social selling to find introductions—maybe not sell, but find introduction opportunities.
        • LinkedIn, Twitter, Facebook, Blogging—whichever you are allowed to do within your work rules, do it on a regular basis.
      • 30 minutes on getting introductions
        • Calling people and saying “I’m looking to expand my base of contacts” Or “I’m looking to meet great people such as yourself, when can we get together to determine if we can help each other?”
        • Identify your 15 best clients and make it a goal to get three introductions from each of them. How much success would you have with 45 new names to call?

This is just a rough outline on what you can do but the big takeaways are this:

  1. Prioritize prospecting—make it a significant part of your week.
  2. Prioritize how you are prospecting—get introductions—it will provide the highest return on your time invested.

Someone needs what you do, so go find them and start prospecting today to find more of them!

Sell Better. Coach Better. Hire Better.

Topics: increase sales, hire better salespeople, create & convert leads, sales challenges, sales productivity tools, sales conversations, sales effectiveness training, banking sales training, professional sales training, consultative sales coaching, corporate sales training, sales training courses, buyers journey, hire better people, driving sales growth 2020, sales training workshops

Top Habits of Highly Successful Sales Managers

Posted by Jack Kasel on Tue, Jan 28, 2020

The sales management activities that we perform today create the results that we achieve today.  What activities are you doing now that are creating your current unsatisfactory results?  How can you change them? 

It is up to us as sales leaders to set higher standards for sales behaviors and hold our salespeople accountable so that we can increase sales, improve company culture, and hire better salespeople.

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It is a given that successful sales management requires contributions on many levels:  skill, time, effort, effective execution and systems and processes to support coaching, performance management and recruiting.

To help understand what makes a successful sales manager, it is helpful to review the Habits of Highly Successful Salespeople.  I recently asked the participants of a workshop to identify and share those habits that they believed contributed to the success of their best salespeople.  Here are some of the common habits identified below:

  • Develops great relationships
  • Networks regularly
  • Good time management
  • Gets to decision makers
  • Is selective in prospecting
  • Provides exceptional customer service

Then I asked these participants to talk about the flip side of the list, or those habits that inhibited or hurt a salesperson’s ability to close more business.  Here are some of the habits they identified below:

  • Sells on price
  • Inconsistent prospecting
  • Procrastinates
  • Presents to the wrong people
  • Sells to anyone that fogs a mirror
  • Poor prioritization
  • Is too comfortable

How about you and your habits?  What are those habits that you can point to that you know have a positive impact on your team’s sales behaviors and results?  Here are some that I observe and hear about:

  • Coaches in-the-moment to get a deal closed
  • Reports sales results
  • Makes joint calls
  • Sets goals
  • Conducts regular sales meetings
  • Reviews and reports pipeline

This is a good list and with some additions, it can become a great list. To examine what else you might want to consider, take a look at the following list of elements necessary for successful coaching:

  • Debriefs sales calls effectively
  • Asks quality questions
  • Controls emotions
  • Allows salespeople to fail
  • Implements and manages the execution of a consistent sales process
  • Motivates when coaching based on individual/personal goals
  • Coaches to improve skill and change behavior
  • Gets sales people to follow through on commitments

It’s not enough to just have the skill.  In order for managers to be successful at having a sales team built for growth, the manager must be in the habit of using those skills.

Sell Better. Coach Better. Hire Better.

Being an extraordinary sales manager is grueling and time-consuming.  It requires attention to detail, the ability to have tough conversations with those who are not meeting their numbers, the desire and commitment to grow yourself and your salespeople, consistent activity and patience, and so much more.

Like the coach of a winning team or the conductor of an extraordinary symphony, you have the ability to positively affect the success and the lives of your salespeople and company. 

Now, go make it happen!

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Topics: Sales Training, increase sales, hire better salespeople, consultative selling, sales effectiveness training, banking sales training, professional sales training, consultative sales coaching, corporate sales training, sales force performance management, sales training courses, hire better people, driving sales growth 2020, online sales management training, sales training workshops

Implementing Core Sales Values to Help Your Sales Culture | Increase Sales 2020

Posted by Tony Cole on Tue, Jan 21, 2020

In the 2nd post in our "2020: The Year for Sales Growth" blog series, our Founder and CLO Tony Cole, discusses the importance of maintaining core sales values within an organization, how these values relate to organized sports, the erosion of these said core values, and the impact they have (or can have) on your attempt to grow your sales organization and sales numbers in 2020.

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I have been playing tennis for close to seven years now.  If you watched me play, you would describe me as a "football player who plays tennis."  I play hard, I compete, I hate to lose, and I play to win.  But at my age, I recognize my limitations, and I accept them. 

It really doesn’t matter that my chosen sport was football. What matters more here is what it means to have participated in organized sports for many years, and what has happened to the core values and benefits passed down from generation to generation. 

One thing I have noticed is the erosion of those core values and the impact they have (or can have) on your attempt to grow your sales organization.

Last night, when I went to play in my weekly tennis league, I noticed a banner that you may have seen at the beginning of this blog (I'll Never Be Benched, Subbed or Picked Last).  With every movie I see, song I hear, or book I read; I always apply them to sales, selling, sales management or recruiting.  It happened when I saw the banner and it distracted me for the remainder of the evening.  I couldn’t help but think that the rest of the banner might read:

  • I won’t get the grades I need to get into school or a good job
  • I won’t get into the school of my choice
  • I won’t get the promotion
  • I won’t get a raise
  • I won’t win the part in the play
  • I won’t win the heart of a significant other
  • I won’t be able to beat my competitor in a tough sales situation
  • I won’t get the loan I need for a place to live

As you think about what is required of a successful salesperson, what attributes or characteristics are required to be successful? Dave Kurlan at Objective Management Group knows the answer to that question, and by extension of our relationship with him and his organization, we know the answer as well.

Click here to identify what your top performers look like compared to 1.8 million others and top performers in your industry segment.)

Sample Sales Candidate Assessment

What we know is that the top 25% of all salespeople have The Will to Sell which includes: 

  • Desire to succeed in selling
  • Commitment (willing to do everything possible to succeed) in selling
  • Taking responsibility for outcomes – they don’t make excuses
  • A strong outlook
  • Very motivated

Their Sales DNA scores exceed 68%.  This means that they have strengths in the following areas:

  • No need for approval
  • Control emotions
  • Supportive believes
  • Supportive buy cycle
  • Comfortable discussing money
  • Handle rejection

This research, based on close to 2 million sales evaluations, shows that perhaps the most important contributing factor in the DNA score is, "Handles Rejection."  Meaning, that the most significant factor in determining if your next salesperson hire will be a fit, comes down to if they can handle rejection from prospects. 

Simply put, if they can't, then they are probably not a fit for the role!

When evaluating your current talent or looking for new talent, put a check mark next to the attributes you think are important to succeed in your organization.  Then, make sure that in your vetting process, you look for those attributes.

Finally, make sure that your children, grandchildren, nieces and nephew are put in positions where they have to overcome adversity, work hard to succeed, and are recognized for what they actually accomplish, rather than just competing.

Sell Better. Coach Better. Hire Better.

Topics: increase sales, hire better salespeople, consultative selling, creating new sales opportunities, sales and sports, sales productivity tools, professional sales training, consultative sales coaching, social selling, hire better people, driving sales growth 2020, handles rejection

Being Sales Assertive in 2020

Posted by Tony Cole on Thu, Jan 09, 2020

Are there certain characteristics that make someone (or a salesperson) assertive?  We believe so.

And if you are a prospect, you want to have honest, direct and assertive conversations with a salesperson so that they can make better, more critical decisions.

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There are many contributing factors as to why someone may not be very assertive such as:

  1. Learned helplessness
  2. Having low self-esteem
  3. Not having a "Go-giver" mindset 
  4. False bravado
  5. Living life out of balance causing a sense of desperation and a crisis management approach to work rather than a self-management approach to work.

Assertive people have certain characteristics.

  • First of all, they have minimum acceptable standards for themselves and those people around them. They don’t associate with toxic people – they work with nourishing people.
  • They have a goal philosophy; they have lots of goals and then they continue to pursue those goals and achieve those goals.
  • They get outside the box. If you’ve seen the 9-dot exercise, you’ll know what I’m talking about. They get outside the dots- they expand their comfort zone.
  • Next, they take risks and they understand that taking risks can result in failure. But, failure becomes defined as just another step towards success. They’re persistent. They find other ways to close.
  • They make decisions themselves which makes it hard for them to understand why someone would want to "think it over".
  • They know what they stand for and they won’t fall for anything that falls under the category of an objection or a stall.  
  • They control the sales process. You can ask them about next steps and assertive people can give you specific details about what happens next.

To overcome the hurdles that might trip you up as you attempt to be more assertive, you might consider the following:

  1. As they said in The Godfather, “It’s not personal; it’s business.” Don’t take it personally.
  2. Take ownership of how you feel. Nobody can make you feel the way you feel in terms of being uncomfortable. You choose to feel a certain way.
  3. Consider Emerson’s quote, “Do the thing and you’ll have the power.” There will be times during a sales process or sales step where you will feel the need to be assertive but you will be afraid. DO the thing… do the thing that you’re feeling and you’ll have the power.

As always, thank you and have a perfect day.

Topics: effective sales coaching, Sales Coaching, sales motivation, sales producers, sales differences, sales growth problems, creating new sales opportunities, selling tools, sales productivity tools, sales conversations, sales effectiveness training, banking sales training, professional sales training, consultative sales coaching, corporate sales training, online sales training, hire better people, driving sales growth 2020

The Best Habits of Highly Successful Sales Managers

Posted by Jack Kasel on Mon, Dec 23, 2019

In this blog, we discuss the best habits of highly successful salespeople and sales managers.  Being an extraordinary sales manager is grueling and time-consuming. 

It requires attention to detail, the ability to have tough conversations with those who are not meeting their numbers, the desire and commitment to grow yourself and your salespeople, consistent activity and patience. 

group-of-person-sitting-indoors-3184306

The sales management activities that you perform today create the results that you achieve today.

What activities are you doing now that are creating your current unsatisfactory results?  It is up to us as sales leaders to set higher standards for sales behaviors and hold people accountable so that we get better results.

It is a given that successful sales management requires contributions on many levels:  skill, time, effort, effective execution, and systems and processes to support coaching, performance management and recruiting.

To help understand what makes a successful sales manager, it is helpful to review the Habits of Highly Successful Salespeople

I recently asked the participants of a workshop to identify and share those habits that they believed contributed to the success of their best salespeople.  Below are some of the common habits identified:

  • Develops great relationships
  • Networks regularly
  • Good time management skills
  • Gets to decision makers
  • Selective in prospecting
  • Provides exceptional customer-service

Then I asked them to talk about the flip side of the list – those habits that inhibited or hurt a salesperson’s ability to close more business.  Below are some of the habits they identified:

  • Sells on price
  • Inconsistent prospecting
  • Procrastinates
  • Presents to the wrong people
  • Sells to anyone that "fogs a mirror"
  • Poor prioritization skills 
  • Is too comfortable

How about you and your habits?  What are those habits that you can point to that you KNOW have a positive impact on your team’s sales behaviors and results?  Here are some that I observe and hear about:

  • Coaches in-the-moment to get a deal closed
  • Reports sales results
  • Makes joint calls
  • Sets goals
  • Conducts regular sales meetings
  • Reviews and reports pipeline

This is a good list and with some additions, it can become a great list when we identify the skills of a great Coach, one of the most critical roles of an effective sales leader.  To examine what else you might want to consider, take a look at the following list of elements necessary for successful coaching:

  • Debriefs sales calls effectively
  • Asks quality questions
  • Controls emotions
  • Allows salespeople to fail
  • Implements and manages the execution of a consistent sales process
  • Motivates when coaching based on individual/personal goals
  • Coaches to improve skill and change behavior
  • Gets sales people to follow through on commitments

It’s not enough to just have the skill.  In order for managers to be successful at having a sales team built for growth, the manager must be in the habit of using those skills.

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Being an extraordinary sales manager is grueling and time-consuming.  It requires attention to detail, the ability to have tough conversations with those who are not meeting their numbers, the desire and commitment to grow yourself and your salespeople, consistent activity and patience. 

Like the coach of a winning team or conductor of an extraordinary symphony, you have the ability to positively affect the success and the lives of your salespeople and company. 

 

Topics: sales management secrets, sales management success, Sales Management Training, prospect engagement, develop talent, buyer, sales differences, deal or no deal, extra mile, getting introductions, close the deal, sales challenges, creating new sales opportunities, practice schedules, selling tools, solution, professional sales training, corporate sales training, buyers journey, 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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