Increase Sales Optimization Through Organizational Growth

Successful businesses will strive for growth. Sales optimization will improve if a company’s reach and abilities are not static. For small businesses, growth represents potential in several areas, including increased survival rate, greater profits, and marketplace power. There are many ways to measure growth, with profitability being the leading indicator. Sales, number of employees, and increased market share are other parameters used to determine growth.

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Sales Optimization Through Value-Added Selling

In a competitive marketplace, how do you differentiate your offerings from all of the others? You can achieve sales optimization by clearly defining the attributes that make your product or service better, or worth the price. This is known as value-added selling.

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Top Ten Skills of “Super Salespeople”: Sales Training to Inspire Them

The numbers say it all. There are millions of people in sales. A recent US census reveals that there were 25 million B2B salespeople. How many of them are top-notch? A Harvard study shows that 4% of the country’s salespeople sell the vast majority of the country’s goods and services. This indicates that roughly one million sales people are top producers. Many reach this goal through effective sales training.

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5 Steps to Managing Independent Sales Reps: Sales Coaching Tips You Can Use

Your bottom line is important, so you’ve determined that one way to help manage expenses is to use independent sales reps. In our previous posting, we talked about how reps can benefit your company. Managing one, or more of them poses different challenges than managing an “in-house” sales team.

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The Bottom Line – Why Using Manufacturer’s Reps Should Be Part of Your Sales Process Improvement

Do you need to cut costs and want to potentially improve your sales process? Using an outside sales force could be the answer. While many companies hire and train their own sales people, there are benefits to relinquishing a little bit of control, and bringing in manufacturer’s representatives to do the sales work for you.

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Add Prospect Personality Assessment to Your Sales Training

You’ve identified a prospect and are ready to begin your sales process. You have great product knowledge, you have information about the prospect’s needs, you may have even begun to formulate your opening pitch. But what happens if your style of communication, or area of focus doesn’t sit well with your contact? Psychology may not have been part of your sales training, but being able to make an assessment of personality types can help you to avoid making a negative first impression.... read more

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Personality Types: How They Impact Your Sales Process

Knowing what sort of personality you are dealing with has an impact on your sales process. Understanding how to approach different personalities requires an assessment on your part, and that assessment will drive your choices when it comes to communication, style, and timing.
    Just as there are no two snowflakes that are alike, people are unique. And it is safe to say, that typically people fall into one of 4 categories when it comes to basic personality types. The details of how they behave and respond to things, and why they do so, can be traced back to these personality types. We have already examined two of these… the Driver and the Motivator. Now we’ll be looking at the Thinkers, and what makes them tick.
      The Thinker
      As the name implies, this is a person prone to serious thought before action. A Thinker is not impulsive. Their low Ego Drive is best suited for a sales process that includes preparation, organization, and detailed analysis. A Thinker prefers a step-by-step methodical approach. Their low Empathy keeps them from being distracted by personal relationships. Some examples of some well-known Thinkers are CEO and Chairman of Microsoft Bill Gates, economist Alan Greenspan, and professional golfer Tiger Woods.
        Characteristics
        A Thinker is an analytical person who needs structure and procedure. They thrive on details and can process a lot of information. Often seen as a perfectionist, the Thinker is deep, thoughtful, careful and conservative by nature. Thinkers can also be skeptical and therefore want the whole story. Motivated by security, they are slow talkers, systematic, and even- paced. Possessing a cool demeanor, the Thinker hates to be wrong, and will respect people who provide them with thorough analysis and organized background information. Emotions or feeling aspects of a situation do not resonate.
          Recognizing a Thinker
          You will know you are dealing with a Thinker when you see or experience the following:
          • greet you with formality and without enthusiasm
          • show no emotion or facial expression
          • has a neat, organized workspace and conservative dress
          • overly cautious, writes things down/takes notes
          • over-analyzes before speaking – says “I think” rather than “I feel”
          • wants facts, figures and details
          • skeptical of others intentions and insensitive to other’s needs
          Getting a decision
          While it may seem a less than welcoming situation when dealing with a Thinker, there are some do’s and don’ts that can help you navigate their territory. Keeping these points in mind can increase your chances for a successful sale.
            Do:
            • be well organized and on time
            • prepared with detailed analysis
            • provide written materials and thorough research in advance
            • be patient, persistent and polite
            • provide facts and numbers, be accurate, don’t exaggerate
            • follow through on promises; missing a deadline is seen as an affront
            • close only after addressing all concerns
            Don’t:
            • get in their space or lean forward
            • be casual, loud, overly friendly or emotional or expressive
            • waste time with small talk or jump from subject to subject
            • be disorganized or messy
            • try to rush decision making
            Presentations and meetings with a Thinker require a lot of preparation, so take extra time to prepare your approach and cover all of your bases.
              Using a bit of psychology and personality assessment in your sales process can go a long way towards making the right connection with your prospect. The success of that connection could determine whether or not you achieve your sales goal.
                Next time we will introduce you to our final personality type, the Supporter, and help you to prepare for dealing with them. Until then, let us know what type of personality you are, and what works for you.
                  Or, for more on improving your sales process, contact us today.
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                  Assessing Buyer Personality as Part of Your Sales Process Steps

                  You’ve done your research and learned about your prospect’s company and their needs. What else can you do to prepare for your meetings? Using a little psychology with your sales process steps is something to consider. Understanding what type of personality you’ll be dealing with can mean the difference between a struggle for closing, and success.
                    Last week we introduced you to the Driver personality type and how to recognize and approach them. This week, we will provide some insight into the Motivator.
                      The Motivator:
                      These people are characterized by a high Ego drive and high Empathy which motivates them towards meeting and entertaining others. Their high Ego results in impatience and the need to be socially active. The high Empathy factor makes them relationship centered, giving them a desire to relate to others. Some examples of well-known Motivators are former President Bill Clinton, actor/comedians Jim Carrey and Robin Williams, and Oprah Winfrey.
                        Characteristics:
                        Motivators are expressive, personable, outgoing and magnetic people. They are demonstrative, talkative and have a good sense of humor. You will also see these qualities:
                          • fast-paced, energetic and goal oriented
                          • thrive on options, plans, and change
                          • creative “big picture” types that are not always strong with follow-through
                          • avoid details
                          • desire to please, fun to work with
                          • innovative, interactive, articulate, and cooperative
                          Motivators are great communicators who like selling and influencing others.
                          These high-energy, likable people can be enjoyable, but may also make you feel as though you’re on a wild ride. You know you’re meeting with a Motivator when you receive an enthusiastic greeting. They will stand close to you, lean forward when they speak, and demonstrate active and expressive body movements. Take a look around their workspace and you will see personal information, possibly even some toys. Other traits include:
                            • open and friendly – like to talk about their personal life.
                            • shift subjects frequently
                            • poor listener, easily bored
                            • not good at time management
                            • rely on hunches
                            Getting a decision from a Motivator:
                            Be aware of the motivator’s style, likes, and dislikes and you could have the inside track in effective communication with this type of prospect. As with any type, there are certain do’s and don’ts for interaction.
                              Do:
                              • greet them informally and with enthusiasm
                              • use examples and stories
                              • compliment them and drop names if appropriate
                              • be ready for a shift in direction and support their ideas
                              • be patient, allow them to consider options
                              • stay with the big picture
                              • provide testimonials from people they perceive as important
                              • allow them to talk about themselves and to express feelings and opinions
                              • be interesting and entertaining, but brief
                                Don’t:
                                • put up barriers or be cold or tight-lipped
                                • control the conversation or cut them off
                                • emphasize facts, figures, or abstractions
                                • provide unnecessary detail
                                • be competitive or argumentative
                                Motivators don’t like making decisions. Allowing them to come to a decision in their time, and without too much distraction with details, will increase your chances for success.
                                  Next we will examine the Thinker personality and how best to approach them.
                                    For more on understanding personality types as part of your sales process steps, contact us today.
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                                    Assessing Buyer’s Personalitites, What Your Sales Training May Not Have Taught You

                                    Your sales training has helped you to identify your company’s products or services, and to craft a solid, persuasive argument. Is this enough to make you a truly effective sales person? There is one part of the equation that is often left out, and that is reading people. Understanding, and being able to tailor your approach to different personality typesrequires insight. It may also require an assessment made while in the midst of an initial encounter.
                                      Over the next several weeks, we will take a look at the 4 main personality types we evaluate, and will look at how to appeal to them for better sales optimization. First, we will examine the “Driver” personality.
                                        The Driver:
                                        This person focuses on the results, rather than the process. Their high Ego drive and low empathy can cause impatience and keeps them from being distracted by personal relationships. These are characteristics you’ll see in a Driver personality.
                                        • They tend to be dominating and competitive.
                                        • You’ll recognize them because they are often fast-talking, high-energy types who are impatient and have a short attention span.
                                        • These folks are results oriented and prefer to talk about the bottom line.
                                        • A Driver is decisive.
                                          Recognizing a Driver:
                                          When you have your first meeting with a prospect, scan their workspace or office to get a read on what type of personality they reveal. A Driver’s space will be formal, sometimes cold with few personal items.
                                            Their greeting will be formal and may lack charm. Watch them and take note of their facial and body movements.Driver’s will be non-expressive. You will note that they are direct and to-the-point. If you find they do a lot of the talking, it is because they typically have poor listening skills. They are also opinionated.
                                              Getting a decision from a Driver:
                                              There are certain do’s and don’ts when it comes to selling to a Driver.
                                              Do:
                                              • Use spoken, rather than written communication
                                              • Be punctual and precise
                                              • Maintain eye contact and exude confidence
                                              • Be clear, specific, brief, and to the point
                                              • Stick to the big picture
                                              • Come with organized support material
                                              • Let them control the sales interview and tell you what they want
                                              • Selling points – money, time, power, status, efficiency
                                              • Allow them to make the decision via choices
                                              • Tell them about other high-profile decision makers who do business with you.
                                              Don’t:
                                              • Get in their space by leaning forward
                                              • Appear disorganized
                                              • Leave any issues cloudy or with loopholes
                                              • Talk about details
                                              • Emphasize a personal relationship
                                              • Exaggerate features or benefits
                                                Be sure to check with us next week for insights into another business personality type.
                                                  For more details on this subject and it’s importance to your sales training, contact us today.
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                                                  Sales Process – Ten Steps Towards Success

                                                  Be prepared. This may sound like a well-known Boy Scout motto, but it is also a phrase any good sales organization should exercise. Following a well-thought-out sales process is the key to achieving your goals.... read more

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