ACTG Sales Management Blog

Sales & Sales Management Expertise Blog  

Increasing Sales in 2020 | Ask Your Prospects Better Questions

Posted by Tony Cole on Thu, Feb 27, 2020

In this blog, we discuss why prospects object when it comes down to buying time, and why we can't always blame the prospects in these situations. Overall, salespeople must ask better questions to help increase sales, build better relationships, and help uncover their prospect's compelling reasons to buy. 

On the other side, their sales managers must be present for their salespeople at the beginning, middle and end of every sales opportunity, sales meeting, and coaching session. 

turned-on-pendant-lamp-132340

I’ve been working on growing sales for over 30 years.  It’s been about 25 years since I heard David Sandler say,

“There’s no such thing as bad prospects, just bad salespeople.” Not bad as in character, morals or integrity; just bad at selling.

But as I read Dave Kurlan’s blog about choosing between bad salespeople and bad sales management, it got me thinking about what Sandler said those many years ago and what we continue to hear from salespeople today when discussing opportunities won and lost. Let’s take a look at what’s happening or not happening. 

Subscribe to our Blog

List of reasons for a salesperson not getting the sale:

  • The prospect had a long-term relationship/the incumbent matched our proposal
  • The decision maker wasn’t involved in the selling process 
  • Our pricing wasn’t competitive/ we didn’t have the right products for them 
  • The timing wasn’t right

There are many, but in a nutshell, the overall question (from a sales manager) to a salesperson would be;

“When you asked them (the prospect) about, discussed, made sure that...(fill in the blank with any of the reasons listed above) What did they say?  What was their reaction?”  

If you read this as a salesperson you might be thinking one of a few things: 

  1. I’m not asking those questions 
  2. Those are good questions to ask
  3. I should be asking those questions 
  4. I would never ask those questions 

If you are thinking #4, then your reasons for not getting the business are never going to change! That is what Sandler and Kurlan are talking about when they discuss bad salespeople. You cannot blame the prospect for having objections to buy. Heck, you have your own set of objections/reasons every time you decide not to buy or change. 

But what about the sales manager? Where does that person fit into the equation? They fit in at the beginning, middle and end of every sales opportunity, sales meeting, and coaching session. 

Download "9 Tools to Increase Sales" Whitepaper

Solution #2: Pre and Post Call Sessions and 1-on-1 Coaching

Pre-call coaching sample questions:

  • What buying process questions will you ask? (These are questions about compelling issues, stages in the buyer’s journey, options they are exploring, other solution providers they are exploring, etc.) 
  • What answers do you anticipate?
  • How will you handle those answers?
  • What questions are you anticipating?
  • What will your response be?
  • What objections, delays or stalls should you anticipate?
  • What is your response?

Unfortunately, what we do know from the thousands of sales managers assessed for coaching skills, is that less than 10% of them have adequate skills to be effective at developing salespeople. 

What does this all mean?

  1. To eliminate bad prospects, eliminate bad salespeople
  2. To eliminate bad salespeople, eliminate bad sales management/ lack of sales coaching
  3. To eliminate bad sales management, hire people that have the skills to be effective in the role 
  4. Don’t use sales management as the next step in the career path for successful salespeople
  5. Provide the training, development and coaching your managers need to be effective

Need further assistance with the post-call session? Click HERE or the button below to view our Post-Call Debrief Analysis Worksheet.

Sign up for a Personalized Demo

 

Topics: sales professional, Sales Effectiveness and Improvement Analysis, sales differences, creating new sales opportunities, sales productivity tools, sales conversations, sales effectiveness training, banking sales training, professional sales training, consultative sales coaching, corporate sales training, sales force performance management, sales training courses, buyers journey, social selling, online sales training, hire better people, insurance sales training, brand video, train the trainer, driving sales growth 2020, 5 keys to sales coaching, handles rejection, online sales management training, sales training workshops, sales training seminars, sales training programs, sales candidate assessment, sales force performance evaluation

Increase Your 2020 Sales With These 9 Sales Productivity Tools

Posted by Jeni Wehrmeyer on Fri, Feb 14, 2020

It's a new year and we have some new content to share with you here at Anthony Cole Training Group.  If you're looking to increase sales this year and beyond, then you're in the right place!

These 9 Sales Productivity Tools are inspired by practices and systems that improve players and performance.  Selling is a competition, and, as in football, the right team, perfect practice, and planning wins the game and the sale. 

chart-close-up-data-desk-590022

Download our newest Whitepaper "9 Tools to Increase Sales in 2020" below:

Download "9 Tools to Increase Sales" Whitepaper

Some of these 9 Productivity Tools include:

Practice Schedule- Set a practice schedule for your salespeople to practice sales skills: asking for introductions, qualifying a prospect, maximizing the initial call, etc.

Sales Probability Scorecard- This scorecard is like the yard markers on a football field.  These markers tell you how many yards you must go to score and how many yards you must protect to keep from being scored upon.

Sales Huddles- Just like in football, huddles are a communication system that provide coaches with real-time information so you can make real-time decisions.

Personal Goal Setting to Business Plan- Set goals prior to each fiscal year based upon past year's performance, the competition, experience and sales talent of your team.

Download your copy below!

https://blog.anthonycoletraining.com/increase-sales-2020

Topics: Sales Training, Sales Coaching, increase sales, hire better salespeople, Sales Effectiveness and Improvement Analysis, sales productivity tools, sales effectiveness training, banking sales training, corporate sales training, online sales training, hire better people, train the trainer, driving sales growth 2020, 5 keys to sales coaching, online sales management training, sales training workshops, sales training seminars

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.

akilli-telefon-bulanik-bulaniklik-cagdas-273222

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. 

Subscribe to our Blog

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

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.

IMG_4213

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.

woman-wearing-blue-shawl-lapel-suit-jacket-1036622

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


    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