28 Ways to Improve Your Sales Results

I had a number of people (close to 300) complete the 28 Days to Better Selling Program I put on in May and June.  Many of you were asking when I was going to do it again? My next one will be in the fall but it will be marketing focused. With that said, you can do the 28 Days to Better Selling Program at your own pace by following the links below.

Here’s how 28 Days to Better Selling Works:

1)    A daily task that you can easily implement to improve your sales and business
2)    A succinct daily lesson to help you make the improvement

By the end of the 28 days you will have looked at 28 ways to fine tune and improve your sales process and business.  The daily lessons will be in written, video or audio format and will take less than 10 minutes each to review.

Day1  The ABC’s of Targeting

Day 2 Targeting the Right Referral Sources

Day 3 Prospecting in Person

Day 4 Networking Strategy

Day 5 LinkedIn Prospecting

Day 6 Investigative Prospecting

Day 7 Lead Nurturing

Day 8 Don’t Be A Boring Salesperson

Day 9 Listening in Sales

Day 10 Needs Analysis in Sales Part 1

Day 11 Needs Analysis In Sales Part 2

Day 12 Twitter for Sales Part 1

Day 13 Twitter for Sales Part 2

Day 14 Keeping Commitments

Day 15 Selling Benefits and Results

Day 16 Preemptive Objection Handling

Day 17 Sell the Price Different Not The Total Cost

Day 18 Vital Signs

Day 19 Preparing For a Sales Call

Day 20 Team Selling

Day 21 Just Thinking About You

Day 22 Team Players Make Efficient Sellers

Day 23 Day of Rest, Chill Out and Reflect :)

Day 24 Influencing Top Level Decision Makers

Day 25 Key Skills and Strengths for Selling Intangibles

Day 26 Reducing Anxiety and Worry

Day 27 15 Ways to Close A Sale

Day 28 Operationalizing Your Sales Process

Want to Close Bigger Deals? Buy the Book:

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Operationalizing Your Sales Process Day 28 to the 28 Days of Better Selling

Following are the five key elements of Operationalizing sales (Full explanation in text is here):

1.    Tools

2.    Measurement

3.    Processes and Knowledge

4.    Maximize Selling Time

5.    Support and Accountability Structure

After you listen to today’s podcast your assignment is to:

  1. List the 5 headings for operationalizing sales discussed
  2. Fill in under each heading what actions or steps you are going to take
  3. Once mapped out make sure you assign a specific time to implement the steps
  4. Find someone you can be accountable to in the process.

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15 Ways to Close a Sale Day 27 of the 28 Days to Better Selling

Today for day 27 of the 28 Days to Better Selling we are covering 15 ways to close a sale. After you listen to the podcast identify how many of the closes listed below that you could apply to your sales process.

  1. The Alternative Close
  2. The Assumed Close
  3. The Minor Decision Close
  4. The Courtesy Close – “silent principle”
  5. The Direct Close
  6. The Urgency Close
  7. The “Shut-up Principle” Close
  8. The “Bonus” Close –
  9. The Objection Close
  10. The “Use of Terms” Close
  11. The Third Party Close
  12. The Summary Close
  13. The Similar Situation Close
  14. The Empathy Close
  15. The Consultant Close

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Reducing Anxiety and Worry Day 26 of the 28 Days to Better Selling

Energy management in sales is just as important as time management. Worry and anxiety can be big energy drainers.  Your assignment today is to implement as many of the strategies outlined in today’s podcast as possible.

The following are some ideas, strategies, and tips to proactively help reduce your worry and anxiety:

  1. Set a Specific Time for Worry
  2. Move to Action
  3. Try Exercise
  4. Get Out of Bed Quickly
  5. Post Good News
  6. Surround Yourself with Positive People
  7. Make Meetings Productive with the Worry Chart
  8. Time Limit on Hard Work
  9. Know the Value of the Present
  10. Laugh at Yourself
  11. Give Yourself Special Treatment

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Key Skills and Strengths for Selling Intangibles Day 25 of The 28 Days to Better Selling

Yesterday we talked about the importance of proving or selling inangible results related to your products or services.  Today we are going to focus on some of the key attributes needed to do so.  The following provides a brief overview of some of the skills and strengths needed to be great at selling intangibles.

Personal Brand of You
When selling intangible solutions, it really is about credibility and the relationship.  Because the solution is intangible, the purchase is largely based upon the believability of the salesperson.
Having a strong personal brand helps people understand who we are, what we are about, and it removes uncertainty.
Differentiation
People who are good at this type of sales often communicate what they do in a unique way. This means specializing and unique positioning is often necessary.
Passionate Evangelist/Industry Authority or Both
As an extension of our personal brand and our ability to differentiate, our passion and knowledge are critical in selling intangibles. Because the client cannot often experience the service or solution in a tangible way, their experience of you has to be credible and inspiring.
Clarity
“In communicating, your greatest enemy isn’t the noise around you – it’s the noise you create, un-wittingly” – Harry Beckwith, author of What Clients Love and Selling the Invisible.
Brevity and focus are key. If we focus on one or two core things we are good at and communicate those proficiencies really well, we can own a large portion of client mindshare and wallet share.
Value Builders
Because what we are selling cannot be seen, touched, or measured, we need to be good at building value. Your ability to articulate the real value in terms of return on investment is very important. Solutions must be presented in a way that solves a core client pain or challenge.

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Influencing Top Level Decision Makers Day 24 to the 28 Days of Better Selling

Top level decision makers are results-orientated. Both tangible results and intangible results appeal to them.  In order to be seen as a resource and potential supplier you must tap into their desire to produce results.


The kind of tangible results that appeal to them are:


Raising Revenues:
Show them how their overall volume can be increased; in other words, an increase in sales.


Increase Efficiency:
If they see that their employees, or their equipment, or other capital  will be more efficient, then the chance of their buy-in is higher.


Keeping Shareholders Happy:
Top level decision makers are the ones who have to answer to the Board of Directors and to the Shareholders in a large corporation. Keeping the Board or shareholders happy is their main priority.


Lowering Cost of Production:
Lower costs equal better margins and bigger profits.


Increasing Market Share:
They are interested in advertising, marketing and business development strategies, tactics and methods to increase market share.

Higher Return On Investment:
Can you show them how they will get a bigger return on their investment for the money they invest with your services, products, ideas and concepts?


Dealing With Market Changes:
If you come with solutions for  market changes that affect them, then they will  take the time to explore the possibilities with you.

Intangible Results:

The types of intangible results that appeal to top level decision makers are:


Lower the Risk And Worry:
Anything that you can do to lower or eliminate the risk makes them feel better.

Personal and Corporate Pride:
Senior executives and top level decision makers are at the top because they have personal pride and are proud of the business results that they achieve.


Image – Personally And Corporately:
Yes the car they drive reflects their success level. The suits, the shoes they wear, the house they live in, the office address, and the image their marketing material portrays are all examples of personal and/or corporate image.

Retaining And Attracting Good Employees Who Work Beyond The Norm:
The top level decision maker knows that you win when you have exceptional people working with you.

Your assignment today after listening to the podcast is to:

1) Look at how many of these results your products or services can achieve for your clients.

2) Develop a unique way to present these results you produce

3) Memorize and practice presenting those core results statements that you will use with senior decision makers.

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Team Players Make Efficient Sellers Day 22 of the 28 days of Better Selling

Too often salespeople even when surrounded by a large corporation do things all on their own.  They have been selected because of their personal drive and focus, but this can also be a downfall.

This podcast is focused on the importance of connecting with and collaborating with internal and external stakeholders. Who knows, maybe the marketing team wants to know who your ideal client is!

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Just Thinking About You Day 21 to the 28 Days of Better Selling

Today’s assignment is pretty straight forward. Mindshare = Walletshare. With that said mindshare is gained through adding value in multiple contexts with clients. Your assingment today is to add value by letting five of your key accounts know you are thinking about them and care about their success.

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Team Selling Day 20 of the 28 Days to Better Selling

Team selling is a whole new dynamic for a lot of new sales people, even tenured sales people and executives can often miss in a team environment. Sales people are measured by their individual contribution to the bottom-line but in team selling they need to take a look at the bigger picture and engage and coordinate a whole team.

Today’s assignment after you listen to the podcast is as follows:
1)    Develop your own Edification sheet or elevator pitch for your team mates
2)    Get each of them to do that as well for you and then memorize each others “Edification Sheet”
3)    Develop a checklist for prepping for meetings that ensures that you:

a.    Know the key strengths and purpose of those people on your team
b.    Determine the meeting lead
c.    Warm everyone up for the call
d.    Debrief after the meeting  with the key questions:

- What went well?
- What didn’t go well?
- What could we do better?

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Preparing for a sales call Day 19 of the 28 Days to Better Selling

We work hard to target the right companies, get past the gatekeeper, and get a commitment from the client to meet with us.  But are we prepared? This is a two part podcast on getting ready for meetings.  Today we will focus on individual sales calls and tomorrow we will talk about how to plan out team selling scenarios.

After you listen to today’s podcast here is your assignment:

#1) Brainstorm all of the possible objections you could get in your typical sales call and either pre-empt them or memorize your answers

#2) Be prepared for the worst case scenario, map out what those could be and how you will handle them.

#3) Be prepared for the best case scenario, what will you need to close the deal or negotiate with a key prospect on the spot?

#4) Map out key research sources you can review and confirm before heading to the meeting

#5) Build a checklist for this process and go through before each meeting well in advance

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Vital Signs Day 18 to The 28 Days to Better Selling

Revenues are not a measurement, neither are deals closed, they are results.  They are a result of core habits and behaviors driven into practice over time with discipline.  With any sales goal, you first have to start with an annual dollar figure that is broken down quarterly, monthly and even the daily.  Achieving that goal of course is dependent upon the activities we put into our plan.

Anthony McAleer top producing financial advisor for London Life says it this way: “If you’re not getting the results you want, you’re probably not doing the core activities.” Jim Janz, multi-million-dollar direct sales magnate calls these activities “vital signs.”

Vital Signs
When paramedics arrive on the scene of an accident they will check the vital signs of those injured.  Just because someone is standing upright and talking does not mean they’re healthy. Some vital signs to look for are:

•    Balance
•    Checking if the pupils in the eyes respond to light
•    Blood Pressure
•    Heart Rate
•    Breathing Rate
•    Brain function and nervous system response
•    Sensitivity to palpation
•    And many other factors

If any of these signs are out of sync, there is a chance that the injured is presently in danger, or could experience difficulties later on.

Your business, because you are a business of one, is responsible for bringing in revenues and turning a profit, has vital signs.  Just because you’re making phone calls and networking doesn’t mean you have a healthy business.  Revenues alone don’t mean your business is healthy.

Depending on your business some of your sales vital signs could be the number of:

•    Calls per day
•    In person meetings with clients
•    Proposals written
•    Networking events attended
•    RFPs completed
•    Hours per week organizing or planning
•    E-mails sent
•    Blog entries written
•    Presentations made
•    Prospects added to your list
•    Revenues
•    Number of repeat orders from key accounts

You could also produce and monthly, quarterly or even annual vital signs record sheet.  This process will give you a clear picture of how close you are to achieving your goals based upon your activity.  Over time you will also begin to notice a correlation between specific activities and revenues. These activities could be called “Core Vital Signs.”

In direct sales for instance,  Jim Janz could predict the monthly gross revenues of a group of people based upon the number of people who attended training meetings and how many new people were added to the group over the previous 90 days.  You may find that there is a direct correlation between the number of proposals you write and the number of new clients you close.  The number of cold calls could be irrelevant for instance.

One important fact to note is that once you determine what your core vital signs are, you should book those first in your calendar and make sure that your entire plan is focused on you executing those activities.

In sales often when we are no longer getting the results we want we are no longer doing the key activities that make us successful.  Knowing your vital signs and executing them daily is key to your long term success.

Your Assignment Today is:

1)  List all of your core activities that you daily and weekly

2) Determine which ones are your vital activities that lead to your desired outcomes

3) Map out and begin to measure these activities daily

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