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OMNIPOTENT
MARKETING INSIGHT #8:
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Sales Training
That Works
Traditional Sales Training:
Part 2 - Learn The MYM Sales System
Let’s begin this
discussion of sales training by identifying the two areas that most
salespeople have the most difficulty with, which, incidentally, are
the same two areas that traditional sales trainers rarely talks
about, presumably because they don’t know how to help.
Area #1:
Prospecting — All the great closing techniques taught by all
reputable sales trainers are rendered useless if there is no meeting
with a prospect. Right now, we’re going to discuss how to get in the
door...and how to set up your sales system so you don’t have to
knock yourself out trying to “sell” the prospect once you do get in
front of him. He’ll already want what you have by the time he asks
you to come sell it to him.
Area #2 (is
related) Managing Prospects — We’ll also talk about
managing huge quantities of leads without all the traditional hassle
of trying to build a relationship with every one of them. You can be
like most salespeople and spend 80% of your time kissing butt
and managing prospects (to no avail) or you can be kicking butt
and spend 80% of your time closing business and getting rich. This
should be an easy choice.
To help you more
clearly understand how sales works and why competition even exists,
let’s review the analogy of the cherry tree. It’s simplistic, but
it’s also true to form. All the cherries on a tree represent your
prospects. Some of the cherries are ripe, but most of them still
need a little bit (or a lot) of nurturing on the tree. The ripe ones
are easy. These are prospects you call on with an immediate need and
you just happen to be there at that time to get the sale. This is
not where you get rich. Your potential wealth lies with the green
ones still on the tree.
Your average
9-to-5 salesperson will pick all the red cherries off the tree,
throw them in his/her little bucket (no need for a very big one),
and run off to the next tree. Maybe your next tree is a trade show
or a networking group or a telemarketing list. But wait a
second...don’t you think some of those green ones might pan out in
the future?
Joe Average
suspects his green cherries might turn red someday too. So he sets
up a great system for cultivating them. It’s called the tickler
file. Every so often, Joe calls the people on his list from a given
tree and at that moment becomes what we call “THE ANNOYING LITTLE
VOICE.” See if this sounds familiar...or if you’ve been guilty of
saying it.
“Hello, may I please speak with Tom Prospect. Tom? Hey, this is Joe
Average over at Digits and Widgets. Remember I met you at the trade
show a couple of months ago? You don’t? Well, did you get that
letter I sent you with my business card? Oh, don’t worry about it.
Anyway, I was just calling to see if you guys over there need any
digits or widgets yet. You don’t? No big deal. I’ll give you a call
in a couple of months to see if you need some then. Bye!”
Do you know how
dumb that sounds from the prospect’s point of view? Do you know how
annoying that is? Do you know how much that makes Tom Prospect hate
your ever-living guts? That’s like picking your ripe cherries then
leaving the tree alone for two months. No watering. No fertilizing.
No spraying for bugs. No pruning. No nothing. The rest of your fruit
will simply rot and your tree will eventually die from lack of
attention!
Why do you think
competition exists? Because, the next day after you leave your tree
for a new one, your competitor comes along and throws a little bit
of his fertilizer on it and guess what? A few more cherries
turn red and he picks them. Those were your cherries!
Are you going to stand for that? Actually, chances are you
will...because you’re down in another part of the orchard looking
for a new tree. You’re picking somebody else’s cherries that they
left there, almost ripe, from the day before.
You can call it
being greedy, but we want to pick all the ripe cherries off
of all the trees in the orchard every day. This
process, of “Guarding and Nourishing” all the trees, we call...
...Monopolizing the Marketplace.
Think back to
when you were a kid; remember the game Monopoly? What happened? One
person (usually your Dad) would end up with tons of houses and
hotels on several properties and it was just a matter of time before
you landed on a hotel and were forced to give up everything you
owned. Your Dad would try not to laugh and gloat too much and you
would try not to let anyone see your tears. Well, maybe some other
families played rougher than yours did, but the point is simple.
When you monopolize your marketplace, you eliminate your
competition.
In sales,
remember that there’s an educational process a prospect must go
through before he’s ready to buy from you. He may need to learn
more about your industry in general or he may want to know about you
and why your offer is any better than anyone else’s he’s
considering. Or maybe he just doesn’t need or can’t afford what you
have...for now.
Your challenge is
to educate and nurture this prospect along. But that’s a tough deal
if you’ve got more than 10 prospects. Lots of people talk about
relationship marketing...or the process of building a personal
relationship with a buyer so he’ll think you’re his friend. After
all, given a choice, we’d all like to buy things from our friends.
By the way, most buyers can’t figure out that only motive
relationship sellers have is to collect commissions from their
sale. Or can they?
Let’s go back to
the orchard to find the solution. In the orchard, you cultivate
cherry trees by watering, fertilizing, spraying, etc. and you also
let nature take care of some things (sun, rain, and so forth). But
remember, prospects are like cherries, not entire trees. Building a
relationship with every prospect is a lot like paying a lot of
attention to every cherry on the tree. Imagine inspecting each and
every cherry for bugs every day or somehow adding a small but
precise amount of water to each cherry each day. This sounds dumb.
But it’s to make a point.
In the orchard,
you could set up an irrigation system that would automatically come
on every day to water the trees. You could hire an airplane to drop
pesticide on your trees once a week. In other words, you can treat
the entire orchard at once. All the cherries will ripen when the
time comes. Then you’d just concentrate on picking.
In sales, your nurturing consists of two things:
Innovation and Education.
You must,
first and foremost, innovate your product or service so that
it fits your prospect’s idea of “The Best Deal.” Then, you must
set up a system for continual education. For instance, continual
education the primary purpose of sending out newsletters. There are
also dozens of other ways to help facilitate your prospects’
decision-making process until they’re ready to buy.
Learn
Proven, Innovative Marketing Strategies
& Tactics To EXPLODE Your Revenue
And Grow Your Business...
In Just 7 Days!
The MONOPOLIZE YOUR
MARKETPLACE system is a step-by-step program for innovating and
marketing your company. We’ll show you how to first, BE better than the
competition and second, DO marketing better than the competition so that
you become the obvious choice to do business with.
MYM On-Demand
is the
latest in eLearning technology featuring broadcast
quality video, stereo quality sound, and
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This is the first and ONLY online marketing resource of
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It shows you how to win more business and to make
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