Tag - sales

Don’t ask to get married before courting your prospect!

January 15, 2018

B2B, Sales, sales leader, sales tips, Top Sales Speaker

Well it’s the love season! Valentines day is around the corner and love is in the air.
What would you say to a friend who said he met a great girl and after 2 dates he
was going to ask her to marry him. Though I don’t actually know your answer I
am guessing most of you reading this would say, “are you crazy?” you don’t
know enough about her, you think you are a good match but how do you really
know.
Additionally, if you are going to ask someone to marry you, isn’t it expected that
they will say yes since there is a courting period? If there were red flags you
could pick them up early and either address them or get out before it’s too late.
Makes sense right?
Of course it does. Then why in sales, are we getting to know very little about our
prospect and asked them to marry us so soon? Somehow we think in business
courting is not necessary. Well it is! A prospect needs to understand you, your
organization, get questions answered and you need to truly understand what
their real needs are, not just the ones they tell you upfront they want or need.
You need to know the whys. They whys help you customize a true
recommendation for them that reflects all of them, not just what they initially told
you wan the issue they were trying to resolve.
The courting period is the time where you really get to know the prospects issues
and how they are affecting them and their organization. I don’t mean taking them
to lunch and to play golf. That is fine but its not what building relationships are
truly about. The idea of courting should help your prospect self-discover that
he/she wants to do business with you. Yews you can tell them why early on my
giving them your ‘dog and pony’ show of all of your features and benefits of how
you can help them or worse, how you have helped ‘others just like them’.
Imaging using that line on a date….
Here are some tip in being successful in sales and frankly in dating….
1) Slow down. The courting part takes time. It is also if done well, some true
discovery is done and will help really come up with the best plan in the
end.

2) Ask great questions to get your prospect talking. I’m not talking about
questions like, “wouldn’t be helpful if you had a solution that would print
your widgets faster and for less money?: That is a leading question and a
very silly one. Do you really think they can’t see through that? No. Ask
open-ended thought-provoking neutral questions. Think of these questions
like this, if you didn’t have an ulterior motive to sell this person, what would
you ask them to try to help them with their issue? Those are the right

questions. They show that you care about the entire picture and not only
what revolves around your particular solution.
3) You must truly understand what the Clear Next Step will be at the end of
the meeting or phone conversation. Not just “Ill call you next week with the
proposal” or “Ill send a proposal to you on Tuesday”. NO! You must get a
clear date and time that you both agree to and have it on the calendar!
Your responsibility is to get the agreement of that next step, not suggest it
to them. There must be skin in the game, and this is how to test
that…BEFORE you propose anything!
4) Make sure that you have a full understanding of what they will do if you
decide to get them some recommendations based on what they need and
how working with you will solve those issues. In other words, don’t buy
the ring until you know she’ll say yes.
So is sales really like dating, yes and no. I will tell you it is more like it then
you think. Understanding people, TRULY understanding people is the key to
a successful career in sales…..Unless you have enough money to buy lots of
engagement rings.

Are Your Salespeople Taking Shortcuts?

May 1, 2017

Greta Schulz

B2B, best sales speaker, best sales training, Hiring, manager, Sales, sales leader, sales manager

Logan, a software sales rep, had been having a rough day. He’d been bombarded with questions from several customers and gotten behind on work he needed to finish before the end of the day.

Then, he got a call from Tony, a prospect who introduced himself by saying: “I’ve heard great things about your engineering software package. I saw a demo about a year ago, and was not in a position to purchase it at the time. But since then, it’s become very apparent that I need to integrate it into my system.”

“Wow,” Logan thought. “This will be easy. It’s about time something went right today.”

Then, Tony said: “I need to know about the cost, the tech support and how soon it can be installed.”

Logan immediately went into his pitch. He discussed tech support in detail, covered availability and other options, and explained that the price was $12,000, with 30-day terms.

Tony’s response was unexpected. He said that $12,000 was quite a hefty price tag and he needed a couple of days to think about all of this more carefully. He’d call Logan back next week.

Logan did a double take. “What just happened?” he thought. “This sale was in the bag, a sure thing. He really needs it and now he’s thinking it over? He said he needed the software right away.” And that was the end of the call.

So, what happened? Logan got lazy, plain and simple. He thought Tony was sold. All he had to do was give him the information he needed, then write it up. He got fooled into assuming the sale without doing the work. He never got Tony to talk about why he was looking now, with what seemed to be a real priority about buying the software. The entire transaction was conducted at the intellectual level, without any real understanding of the true need.

So, what happened? Logan was lured into taking shortcuts. He mistakenly thought the prospect’s enthusiasm was as sure as a sale. No matter. You need the time to qualify the prospect and make sure he’s real before giving out information or making your presentation.

In Logan’s case, a couple of questions would have made a world of difference. He might have said: “Before we discuss pricing, help me understand why this software is so important. I want to make sure the application is correct for you. Would you mind if I ask you a couple of questions to better understand?”

Of course, you’re digging in to find out what is really going on. It is so important to gather this information before you discuss price so you can truly have an understanding of not only why they want the software, but the consequence of not installing it.

Once you give away your information – whether on the phone, in a presentation or in the form of a proposal – you have given up any form of control and are literally at the mercy of the prospect.

Are your salespeople going for the quick sale or do they really understanding the true need behind it?

Are Your Salespeople Riding the Wave?

August 15, 2016

Greta Schulz

best sales training, Business, Hiring, manager, Marketing, online sales training, online selling, Sales, sales leader, sales manager, Sales Speaker, sales training, selling, Top Sales Speaker

The worst seems to be over but our economy is, inevitably, cyclical. Like the rest of us, it has its ups and downs. Yet, when we are in a down cycle, do you get nervous about the economy? And do other factors external to your industry, including world events (such as elections for example) cause you to tighten your belt?

Cycles in the economy and moments of national or world uncertainty are not a time for either anxiety or celebration but a time to be realistic and acknowledge that what goes up, must come down. I certainly don’t mean to be a downer but if we learned anything in the last few years I hope we learned that you need to be lean and mean all of the time, not just when the going gets tough. Your sales team needs to be able to respond to this volatility. If it does not, the competition’s sales team surely will.

During these last few months, with things seeming to lighten up, the opportunities are more fruitful. I am sure your sales team feels pretty good about themselves lately but what is the truth? If your salespeople are accustomed to having sales fall in their laps, especially newer ones, they have yet to be put to the test.

With the buying opportunities seeming to now be coming along more frequently, are our salespeople really good or just reaping the benefits of a comeback?

Right now, your sales team could be the weakest part of your company. It may not seem that way since you have most likely seen an upswing in sales, even slightly and are feeling relieved. Well don’t!

Many salespeople are showing their feathers like a proud peacock but fail to recognize that their sales in these times simply may be coming to them along with the ebb and flow of the economy but with very little true sales ability involved.

A lot of companies wait until desperate times. Then the layoffs and cost cutting begins. Smart companies do not wait. They know that they should evaluate their sales force now, finding out who has effective selling skills to utilize in the slump that may lie ahead.

When assessing your team, ask yourself the following questions:

What are the necessary elements for selling in a good and not so good economy?
Which salespeople have those elements?
Which of your sales people may not have the necessary skills, and why are we waiting to replace them?

If salespeople are not strong enough to make it through tough times, they probably do not belong on your team at all. Evaluate their skills. Go on a sales call with each salesperson and see how he/she performs in the real world. Another option is to have them each take an assessment that shows the skills they truly have—and don’t have*.

Hold your ground and act as though the economy were flourishing. Keep in mind that the economy is cyclical. When things are good, act as if you were looking for ways to build revenues and cut costs. Do it now, that way, you are not caught off guard when things recede —which they always do. Now is when real sales professionals can shine.

For further information on this subject follow the link http://www.schulzbusiness.com/interview-questions.aspx

* If you would like to take a free assessment for a salesperson on your team, email me at greta@schulzbusiness.com and I will send you the link.

The New Normal in Business Development

May 11, 2016

Greta Schulz

B2B, best sales speaker, Business, Sales, Sales Speaker, sales training, selling, Top Sales Speaker, Uncategorized

The New Normal in Selling

What’s the new normal when it comes to developing business? This is not the old ‘ask a few questions, give your features and benefits and trial close’. The 70s wants their slick sales guy back. Today you need to be smart, curious and a true consultant to sell. Here are a few things that today are imperative in business growth.

1) Tell the prospect its OK to break up….Rejection is a result of trying to sell someone your product or service as opposed to tell them you what you are calling about, let them know it seems that because of what they do you could potentially work together, but (pull back) you don’t want to assume that you are a good fit. What you’d like to do is ask a few questions to see if the two of you are a fit and if not, we decide it’s a NO then we only wasted a few minutes? Sound OK?

This allows you to give a NO as an option right upfront. Then you have asked for it as opposed to a prospect pushing you away and that is the rejection.

2) Mining for customers is different today. Networking is the true key to finding and keeping customers but most people do it wrong. Networking events ate not for direct prospecting! Recognize this scenario?

“Hey do you guys use promotional products? here’s a sample, we can really help you!!”..” NO! Instead I say go to an event and look for Strategic Alliances, people that you can refer business back and forth to as opposed to hitting your potential prospects so hard. We all know building business on referrals is the best way to do business so lets network for good alliances that you can refer business to and that is a good source for your referrals.

3) Research should be used for credibility. Research is essential today before you pick up the phone and call anyone. No excuses! The most important reason to do your research on their web site, Google etc. is to create good, quality questions to ask them to engage your prospect in conversation and truly understand their needs not to tell them that you’ve researched their company and since they do this, we can sell you that…

4) If you need to discount to get the business is almost always a result of onof these things. a) The customer doesn’t truly trust you/your product or service so there is only price to use as a differentiator or b) you haven’t truly understood the need for the product. I know need seems simple but it isn’t.

What are they trying to say? What impression are they trying to leave, howdo they want to be seen? What are they using it for? There are lots of questions to not only understand what a prospect needs but the true deep-down ‘whys’. Asking questions will let you also gain credibility and trust but not Selling and truly asking and listening….

5) Listen and shut up!! Wow! If I could teach people that are in sales/business development to ask questions and listen there would be a lot more success in business!

Telling isn’t selling…but it comes from a good place. We are excited about what we represent and want other to be excited too but excitement doesn’t sell, questions and true engagement does.

Long ago we were taught to ask a few questions and when you hear a “ buying signal” jump in and tell them you can help with that and how. NO!

When you ask a question, wait for the answer and whatever the answer is, especially if it may be something your product or service can help with, the best next question is, “tell me about that”, then SHUT-UP!!!

Greta Schulz is President of SchulzBusiness, a sales Consulting and Training firm. She is a best selling author of “To Sell IS Not To Sell”. One of the Best Sales Speakers, She has a Second Edition “To Sell is Not To Sell” Out NOW

! For more information or free sales tips go to www.schulzbusiness.com and sign up for ‘GretaNomics’, a weekly video tip series or email sales questions to greta@schulzbusiness.com

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New Book, To Sell IS NOT To Sell, 2nd Edition!!

5 Things; Getting ROI from Sales Training? Free White Paper

November 30, 2015

Greta Schulz

B2B, Hiring, online selling, Sales, Sales Speaker, sales training, selling

Unfortunately, too many businesses are currently caught up in the trap of being too focused on short-term cost-saving measures, rather than looking at the big picture and investing in their business. So, most are not putting their sales staff through a disciplined and strategically focused training program.

Today, they have to know exactly what to do to be successful in building their business. There is overwhelming focus on products and services, and not nearly enough time and attention being focused on the process of sales. The question is: Are you getting your ROI from training?

There’s a lot that goes into selling besides going out and making calls. Before, there was what I call low-hanging fruit that was easily gathered by salespeople who were nice and friendly. People liked them, and if they had a choice, they spent their money with them.

Today, people are a lot more selective about how they spend their money. They’re looking for professional experts, true consultants to help them build their business. Sales training should be more detailed than just an initial one-day training. Here are five things you can look at to build a successful sales force in this new economy:

Have the right management process in place. Organizations often take their best salesperson and make him the manager. This is a big mistake. If someone is an excellent sales person, they often have the traits that will make an awful sales manager. Management traits are very different than salesperson traits. It’s important to remember: Just because somebody is a good salesperson, it doesn’t mean she is going to make a good sales manager.

Focus on the salespeople’s activities. I often hear CEOs and sales directors say: “I don’t need to know what they’re doing when they’re out there,” “It’s not important for me to know what they’re doing every day” and “What’s important is to make sure that in the end they make their numbers.” That’s true. Activities are not just knocking on a door or picking up a business card and making a call. What it’s about is giving them the tools to help them understand what they are doing right and what to change.

Lack of true sales skills. We have often hired salespeople because, when they come in, they’re very friendly, very outgoing and we believe that personality will help them sell for us. That is absolutely not true. We need professionals who understand your products and services in a way that will help potential prospects ask the right questions to uncover what the real needs and the real depth of use would be. The depth of the question is what’s important, and the true professional salesperson understands how that value will be seen by the prospect, as opposed to a salesperson who is out there just being friendly and meeting people. It is not about glad-handing; it’s about being a true expert.

Lack of ongoing reinforcement. We tend to hire salespeople that have either sales experience or, more often, industry experience. Often, people with industry experience are bringing negative baggage with them. My recommendation: Find a process that you believe fits with your organization, that is the most professional and that you can track at every point in the process. Once you have that, have all of your salespeople use that process. It’s too difficult for you to manage salespeople when they each have their own way of doing things. They need to use their own personality and style, but within an approved process that matches well with the philosophies of your organization.

A poorly defined process. Make sure the process your sales department is using is the one that you feel most comfortable with. What are the pieces it should have?

First, it needs to have prospecting. There’s a variety of activities that people do, and you need to understand what your salespeople’s strengths and weaknesses are. They all need to have activities that need to be done all of the time, not just when they’re not busy.

The second thing is they need to prequalify every phone conversation. How often do they spend time in front of people that aren’t qualified – can’t make a decision, don’t have budget, don’t have enough money – and putting proposals out there and then following up. That’s not good for anyone.

And third: What are they doing when they are on the appointment? Are they actually interviewing the prospects, as opposed to just going in and telling them how wonderful the organization is and hoping they see an opportunity?

It’s very important to make sure the process is followed the way you want it to be. It needs to be an interview. After that, there needs to be a true discussion about dollars – about budget or investing. If that doesn’t happen, you don’t want to waste time on a proposal.

The next part of the sale process you want to look at is: Are they following up properly? Are they recapping the conversation and the commitments both sides made to move the relationship forward? Typically, a follow-up note or email from a salesperson says, “Thanks so much for the opportunity to speak with you. These are all the things we do, and aren’t we terrific?” That’s not what it should be. It’s a professional recap of what the conversation was, and the last step is your recommendation to the prospect based on what they said was important.

I hope that you’re taking your sales force, which is one of the most important things you have to grow your business, very seriously and spending time, energy and money on getting them trained properly. If not, you might as well just close your eyes, throw stuff against the wall and see what sticks. How’s that working for you?

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Don’t Take Shortcuts with your Sales

October 22, 2015

Greta Schulz

B2B, Business, online sales training, Sales, Sales Speaker, Top Sales Speaker

Ryan, a software sales rep, had been having a rough day. He’d been bombarded with questions from several customers and had gotten behind on work that he needed to finish before the end of the day. Then he got a call from Wayne, a prospect who introduced himself by saying, “I’ve heard great things about your engineering software package. I saw a demo about a year ago, and was not in a position to purchase it at the time, but since then it’s become very apparent that I need to integrate it into my system.”

“Wow,” thought Ryan “This will be easy. It’s about time something went right today.”

Then Wayne said, “I need to know about the cost, the tech support and how soon it can be installed.”

Ryan immediately went into his pitch. He discussed tech support in detail, covered availability and other options, and explained that the price was $12,000 with 30-day terms.

Wayne’s response was unexpected. He said that $12,000 was quite a hefty price tag and he needed a couple of days to think about all of this more carefully. He’d call Ryan back next week.

Ryan did a double take. “What just happened?” he thought. “This sale was in the bag, a sure thing, he really needs it and now he’s thinking it over? He said he needed the software right away.” And that was the end of the call.

So what happened? Ryan got lazy, plain and simple. He thought Wayne was sold. All he had to do was give him the info he needed, then write it up. He got fooled into assuming the sale without doing the work. He never got Wayne to talk about why he was looking now with seemed now to be a real priority about buying the software. The entire transaction was conducted at the intellectual level without any real understanding of the true need.

So what happened? Ryan was lured into taking shortcuts. He mistakenly thought the prospect’s enthusiasm was as sure as a sale. No matter what, you need the time to qualify the prospect and make sure he’s real before giving out your information or making your presentation.

In Ryan’s case, a couple of questions would have made a world of difference. He might have said, “Before we discuss pricing, help me understand why this software is so important. I want to make sure the application is correct for you. Would you mind if I ask you a couple of questions?” Of course, you’re digging in to find out what is really going on. This is so important to gather before you discuss price so you can truly have an understanding of not only why they want the software but the consequence of not installing it.

Once you give away your information, whether on the phone, in a presentation or in the form of a proposal, you have given up any form of control and are literally at the mercy of the prospect.

Remember it’s not about the sale, it’s about the process.

What is Value?

September 7, 2015

Greta Schulz

B2B, Sales

Business people standing with question mark on boards

You know when I ask that question in a group of people, I get lots of different answers. Most of the people in the room tell me things like ‘we give great customer service; we give people a very competitive price; we have knowledge that others don’t; we’ve been in the industry for a long time; we’ve always been rated number 1 or number 2 in our industry rating.’

It’s disturbing to me when a sales person says to a prospect, ‘we work with lots of clients like you’ or ‘we’ve worked in your industry for a long time and we’re specialists in that industry, so we know what you need.’ That is extremely presumptuous. And I think when you say that to someone, you are immediately putting him in the category of ‘there’s nothing special about you and your business is just like everyone else’s.’ The fact is that maybe that is true, but as soon as you make someone feel that way, it changes the consultation and immediately turns you into ‘just another sales person’.

There is actually only one answer to the question, ‘what value do you bring?’ And the answer is very simple – it depends. It depends on the perception of value from person that you are speaking to because value does not come from you. Value comes from the other person that you’re speaking to. This is why features and benefits selling doesn’t work anymore, because the benefit of a particular feature that you have may have nothing to do with what your prospect believes the benefit or value is to them. The receiver of the benefit will perceive it’s value. They will decide if it’s a benefit or not.

How do you get value? How do you understand what is valuable to another person?

You have to ask them some really good questions. For example, one question you might ask is, ‘what is your biggest challenge when it comes to ________? If you have success with a new product or service in that area, what would that success look like?

What would be the advantage if you could utilize a product or service that would allow you to ________?

The questions that we ask, number one, allow people to talk about what they deem is most important to them. Number two once they are telling you the points of importance you can then give back to them a “customized” solution that is based upon what they said they wanted. So what have you done here. Well not only have you truly listended to the prospects issues and concerns, you have come up with a solution based on those paerticluar needs as THEY see them, not you. So when someone asks what your ‘value’ is, or what makes you better then the next guy, don’t answer that question until you fully understand what they want. And even if you do understand, don’t answer it anyway, the information they tell you will deem much more valuable if they have told it to you and then from that information, you come up with a forgone conclusion.

Don’t Take Shortcuts in Sales

August 28, 2015

Greta Schulz

B2B, Sales

Tim, a software sales rep, had been having a rough day. He’d been bombarded with questions from several customers and had gotten behind on a proposal that he needed to finish before the end of the day. Then he got a call from Gene, a prospect who introduced himself by saying, “I’ve heard great things about your accounting software package. I saw a demo about a year ago, and was not in a position to purchase it at the time, but since then it’s become very apparent that I need to integrate it immediately into my system.”

“Wow,” thought Tim. “This will be easy. It’s about time something went right today.”

Then Gene said, “I need to know about pricing and availability. And tech support is important, too. Tell me how that works.”

Tim went into his pitch. He discussed tech support in detail, covered availability and other options, and explained that the price was $8000 with 30-day terms.

Gene’s response was unexpected. He said that $8000 was quite a hefty price tag and he needed a couple of days to consider the purchase more carefully. He’d call Tim back next week.

Tim did a double take. “What just happened?” he thought. “This sale was in the bag, a sure thing, and now he’s thinking it over? He said he needed the software right away.” And that was the end of the call.

Diagnosis: Tim got lazy, plain and simple. He thought Gene was sold. All he had to do was give Gene the info he needed, then write it up. He got conned into doing a presentation without getting Gene to demonstrate why he was so excited about buying the software. The entire transaction was conducted at the intellectual level.

Prescription: Don’t be lured into taking shortcuts. Don’t mistake the prospect’s enthusiasm for your product or service as a sure sale. Take the time to qualify the prospect and make sure he’s real before you make your presentation. In Tim’s case, a couple of quick questions would have made a world of difference. He might have said, “Before we discuss pricing, help me understand why this software is so important. I want to make sure the application is correct for you. Mind if I ask you a couple of questions?” Of course, you’re probing for pain and one of the most important things to find out is the financial impact of not implementing a solution. Having discovered the financial impact and, assuming it was significant, you will find that the cost of the solution disappears as an objection.

Don’t take shortcuts! Don’t assume anything. Get the prospect involved at an emotional, not an intellectual, level. Use the system, qualify completely, and get the sale.