Take the Sales Fool Test

Are you a Sales Fool?In celebration of April Fool’s Day, please take the Sales Fool Test. The purpose of the test is to determine whether you are a sales fool or not.

1). Do you forego doing any research on prospects or leads before contacting them?

2). Do you avoid planning your day and instead just start making a bunch of cold calls and sending out cold emails?

3). Do you forget to follow-up on prospects or leads that you have spoken to?

4). Do you avoid entering sales notes and other critical information in your Customer Relationship Management (CRM) database?

5). Do you send out long and boring emails that scream “please delete me?”

6). Do you blame others because you don’t have enough leads or prospects to call on?

7).Do you conduct webinars or online tours without asking attendees what type of information they are seeking about your product or service, or what type of pain points or problems they are trying to solve?

are you a sales fool?8). Do you keep interrupting your clients while they are speaking rather than spending the time listening to their concerns?

9). Do you constantly bad mouth your competitors to your clients rather than focus on your strengths?

10). Do you avoid learning more about sales because you feel that you are already an “expert”, or you don’t need to read books, blogs, articles, or attend workshops or seminars to improve your craft?

If you answered yes to a couple of these questions, you are not a sales fool, but it would be a good idea if you brush up on your skills.

If you answered yes to half of these questions, you are a border-line sales fool who needs to seriously learn more about your craft.

If you answered yes to all of these questions, you have no business being in sales and I recommend that you find other employment.

There you have it! The Sales Fool Test. How did you do? Please let me know.

Happy April Fool’s Day!

10 Tips for Conducting Webinars

how to conduct webinarsWith most of us working from our offices these days, we are relying more on conducting webinars to our clients. The days of the traveling salesperson are slowly disappearing. While some of us are still regularly traveling to trade shows, most companies are trying to cut costs by using online tours.

Tools like ClearSlide, Anymeeting, GoToWebinar are making it easier to do online demos.

But what are the most effective ways of conducting those presentations?

1). Pre-Qualify – If possible, try to pre-qualify your prospect before conducting the tour. This can be done with a short phone call conversation or questionnaire that the customer fills out online. Your goal is to make sure that your service or product will be a good fit. You should also try to find out why they are interested in your service or product now. Are they trying to solve an immediate problem, or are they just shopping for prices? And finally, try to find out if they have contacted any of your competitors. If they have already reviewed your competitor’s products or services, find out what they didn’t buy from them. This could give you an advantage of how you pitch your product during the presentation.

2). Research – Let’s say that you don’t have time to pre-qualify your prospect. The next best step is to do some research on your client’s company. With Google, LinkedIn and other search tools, this should be an easy process. You don’t have to spend hours doing research. Your goal is to learn enough about the company to determine if they will be a good fit for what you are offering.

3). Confirm the appointment – Cancellations or postponements happen. It’s a given in sales. But one of the best ways of reducing cancellations and postponements is to send a confirmation email the day before the tour. Sure, some clients will use it as an excuse not to view your presentation, but at least you will not be wasting your time. And hopefully, you can schedule another appointment during that time slot. However, I wouldn’t give up so easily on a cancellation. Try to reschedule it, or dig deeply into why they are not really interested in speaking with you. Maybe you need to do a better job of outlining the benefits of your service or product. Maybe you’re not speaking to the right person. Maybe it’s bad timing. Whatever the reason, don’t give up so easily.

4). Know the attendees – If more than one person is joining you on the online tour, try to find that out in advance. In fact, the more advanced information you have for all the attendees, the better. For example, if you know that your prospect’s boss is going to be joining the online tour, there may be some questions or comments that you don’t want to bring up during the presentation. This is especially true if your prospect is your advocate, but you know he has a lot of convincing to do with his boss. You don’t want to embarrass your advocate by making statements that could backfire on both of you.

5). Keep it short – Long webinars are boring as hell, no matter how exciting you think your product or service is. Keep it short. No more than 15 to 30 minutes at most. Unless the attendees are excited and are asking you a lot of questions (a good buying signal), better to cover the key points that interest your prospect, and then either schedule another more advanced online presentation, or a conference call to hash out the details. People are busy these days. If you tell them the online tour will be longer than 30 minutes, many will shy away from watching your presentation. The goal is to get the sale, not to be long-winded.

how to conduct a webinar6). Know your goal – is it to make a sale on the spot? Is it to move the sales process along? Is it to give a quick overview before scheduling a free trial period? Is it to find out more why the client is interested in buying your product or service?

7). Outline the ground rules – let the attendees know upfront what the ground rules of the presentation are. For example, is it OK to ask questions during the presentation or wait until after you are finished? Is it OK to record the presentation so that the people who couldn’t attend will be able to view it later (which could save you time from doing multiple presentations)?

8). Customize it – don’t use generic terms to title your presentation like “Password Security” or “Higher Ed” – instead, customize your presentation by using the client’s company’s name like “ABC Company Password Security Presentation” or “The University of Delaware Presentation.” Even if you are only copying the generic presentation and slapping your client’s name on it, you are still giving the impression that you spent time putting together the demo and showed some real effort.

9). After the presentation – when the tour is over, what’s next? Besides answering questions, make sure you schedule a follow-up phone call. Your goal is always to move the sales process forward until you get the sale.

10). Review it – if you recorded your presentation, have your manager or someone else review it. It’s always good to get feedback.

For more advice on how to conduct webinars, please check out these books

Deliver Webinars Like a Pro: An Essential Guide for Business Owners. Tips and Strategies to Setting Up and Using Webinars Effectively for Sales Presentations, Marketing Campaigns and Online Training, by Melodie Rush and Carl Stearns

Webinar Authority: The Step-By-Step Guide On How To Prepare, Present, Host, And Execute a Successful Webinar (AMC Book 5301), by Saifuddin Indorewala

For more information on where to find webinar tools, please read –

“6 WebEx Alternatives for Hosting an Extraordinary Webinar,” by Caroline Malamut on the Capterra website.

“The 15 Best Webinar Software Products from Around the Web,” by Nathan B.Weller in Resources on the Elegant Themes, Inc. website.

If you like this post, please read my book Advice for New Salespeople: Tips to Help your Sales Career.

What Salespeople can Learn from American Horror Story: Coven

Young Witch(Spoiler Alert: This post will have a lot of spoiler alerts from American Horror Story: Coven. If you haven’t seen this television program, I recommend that you stop reading right now, and return after you watch the show).

What can salespeople learn from watching American Horror Story: Coven?

Plenty.

If you are not familiar with the TV program, here is a quick summary

It is a modern-day story of a group of witches living at Miss Robichaux’s Academy in New Orleans. The academy is a boarding school where bad or confused young witches are sent to learn how to effectively use their dark powers. They learn to accept themselves and avoid being detected by outsiders. Once they master their skills and don’t kill others (or themselves) in the process, they return to the real world and try to live normal lives.

The underlining theme of the 13-episode program is that Fiona Goode, the Coven’s “Supreme,” is running out of time. Fiona (played by Jessica Lange) is dying from cancer. To survive, she must find and kill the new Supreme. Powerful and selfish, she refuses to step aside and die with dignity. Rather than take the new Supreme under her arm and train her, Fiona hopes that by murdering the new Supreme she can return to her youth and cure herself.

But Fiona has a problem – she doesn’t know who the new Supreme will be. All she knows is that one of them is among the young witches living at the academy. So besides each witch vying for the prized position of being the new Supreme, each one of them must also watch their backs. Suspicion and fear take over. Loyalties change.

Let the story begin.

There are numerous subplots throughout the show, but for the sake of this blog, I will not discuss them.

Now, how can we learn to be better salespeople from watching the program?

1). Have a Clear line of succession:

History is filled with power struggles when it comes to succession. However, the sales department isn’t the place for that sort of drama. Every sales department should have a manager, an assistant manager, and some basic understanding of the line of succession. This avoids petty backstabbing and allows everyone to focus on doing what all sales teams should do best – sell.

In Coven, the young witches should be focusing on developing their skills and learning how to adjust to the outside world. They should prepare for the coming of the new Supreme and welcome her with open arms. Instead, they are distracted by fear of being knocked off by the Supreme who is hell-bent on maintaining control. In addition, some of the witches try to kill each other or refuse to revive a dead colleague, which only adds more anxiety and stress.

Letting go is difficult. I know that. But to grow and generate new ideas and perspectives, the old must step aside for the young.

Sales departments shouldn’t turn into medieval feuds, where various camps are pit against each other, fighting to determine the next sales manager.

Have a clear succession of leadership. If some people aren’t happy with the current or new leadership, they can always find new jobs.

2). Don’t underestimate your abilities:

To determine who will be the new Supreme, each witch must be tested to see who can master the “Seven Wonders of Witchcraft.” The tests include transmutation, where each witch must teleport from one place to another, and telekinesis, where each witch must move an object with magic.

During the tests, one middle-aged witch, Cordelia Foxx (played by Sarah Paulson), is encouraged to compete. At first, she is reluctant, because she doesn’t feel she has the same skill sets as the younger witches. Nevertheless, she accepts the challenge. After passing all the tests, she becomes the new Supreme.

The message is obvious – don’t underestimate your abilities. You know more than you think. Stretch your limits. Climb new heights. Don’t let self-doubt and fear discourage you from achieving your goals.

personal demons3). Overcome your personal demons:

As part of the test in the “Seven Wonders of Witchcraft,” each witch must send its spirit to hell and return by sunrise. If they don’t return, their bodies turn to dust and they are forever living in eternity in their own personal hell. All the witches pass the test except one. Misty Day (played by Lily Rabe) is forced to stay in a high school lab where she constantly revives and then dissects a frog, all the while being mocked by her fellow students and criticized by her teacher. Misty can’t let go of her personal demon. She is trapped in hell forever.

In sales, we all have to overcome our own personal demons. We all have self-doubts. We all are plagued by negative thoughts. We sometimes have bad attitudes. To become successful, we must break through our own hell through positive thinking, independent learning, and ongoing training.

4). Don’t be ashamed of your profession:

In the last episode of the season, the new Supreme decides to come out to the rest of the world. She holds a TV interview and encourages all young witches to join the Coven, where they can find a safe place to develop their skills.

Witches are no longer hiding in the shadows. They can now become part of regular society.

As salespeople, don’t we sometimes feel ashamed of our profession? When someone asks you what you do for a living, what do you tell them? Do you reply “I’m a new business development manager,” or a “consultant”, or an “account manager.”

Do you ever say – I’m a salesperson.

Like the witches in Coven, don’t be ashamed of who you are. Be proud of your profession. Embrace it.

Is your Sales Team Locked and Loaded?

lock and load your sales teamIf you are a fan of the movie series Resident Evil, you may have heard the phrase “It’s time to lock and load” used right before the zombie’s attack.

Or if you are a fan of the film Sands of Iwo Jima, you may have heard John Wayne’s character say “Lock and load, boy, lock, and load.”

There is some disagreement of what the term means. But according to Wiktionary, the phrase is used right “before loading the ammunition clip into the rifle, the operating rod handle is pulled to the rear until the bolt is securely locked open. According to the M1 Garand Manual, loading the clip without first locking the bolt could result in an accidental discharge of a round.”

Regardless of the definition, can the term apply to sales?

Yes, it can.

Lock – are you locking your salespeople into a reasonable and fair compensation package so that you encourage them to stay, make a decent living and avoid high turnover? Are you locking them into a reasonable quota? Are you locking them into other incentives like cash bonuses or extra vacation?

Load – are you loading your salespeople up on qualified leads and relevant prospects so that their pipelines are constantly full? Without a fully “loaded” pipeline, your salespeople could become easily bored and start seeking better jobs. Are you working closely with your marketing department to increase your company’s branding and content offerings to help drive more traffic to your website?

training and coaching your sales teamI would also add this term –

Ready to go – which means are you giving your salespeople enough independence to spread their wings and seek new business opportunities without cramping their style, hurting their morale, and crippling their judgment. Are your coaching and training them on an ongoing basis to help sharpen their skills and increase their confidence?

There you have it. If you want a successful sales team, make sure everyone is “locked, loaded and ready to go.”

 

LeadFuze’s List of the Best Sales Blogs for 2017

I’m honored that LeadFuze, a B2B lead generation software company, has added me to their list of the Best Sales Blogs for 2017.

I’m very familiar with many of the other blogs and read them often. While I like to think of myself as a sales expert, I always encourage professionals to seek advice from others, regardless of whether your sources are blogs, books, articles, videos or training programs.

The only way to grow is to constantly learn.

best sales blogs for 2017

How to Sell to Vendors at Trade Shows

Sometimes it doesn’t make sense to exhibit at a trade show. There are various reasons for this. Maybe the exhibit booth fee is too high, or only a handful of the attendees are your target audience. Regardless of the reason, you feel that the vendors exhibiting at the show are your real best prospects.

But how do you network and solicit business from vendors without being a pest? After all, put yourself in their place – if you are exhibiting at a trade show, who would rather speak to – a potential customer or another vendor?

You see my point?

selling to vendors at trade showsVendors are spending a lot of money to exhibit at trade shows. For example, not only are they paying for exhibit booth registrations, but they are also forking out money for travel, meals, hotel registrations, and miscellaneous expenses like swag and marketing literature.

In some cases, vendors don’t appreciate other vendors approaching them at trade shows because they feel you are hurting their ability to generate new business. And they may also resent that you are not an exhibitor, and see as an interloper interfering in their business transitions.

So how do you approach a vendor without hurting his sales, and developing a win-win situation for both of you?

Here are 14 tips to help you –

1). Trade Show Traffic – it’s better to approach vendors during slow times of a trade show. This will give you a better opportunity to meet them without hurting their business. Slow times are usually early in the morning, mid-morning and afternoons (when workshops are going on) and late in the day. The busiest times are usually when coffee breaks and lunch is being sponsored in the exhibit hall.  Depending on how long a trade show will last, the first day is generally the busiest time. Why? Because most attendees want to take a quick peek at the vendors before going to workshops or general sessions.

2). Booth Traffic – are vendors busy speaking to customers at their booths? If yes, stand back and wait for traffic to slow down before approaching a vendor. Nothing is going to undermine your ability to get a sale more if you hurt your customer from getting a sale himself. Trade shows can be very stressful for vendors. So don’t take it personally if they quickly reject you, or only half listen to your introduction. Most of the time, they are looking over your shoulder to talk to a “real” customer – not you. Take it in stride and try to return to the booth later when traffic dies down.

3). Target – depending on the size of the trade show, you may only have a limited amount of time to visit vendors. With 300 or more vendors exhibiting at the trade show, are you really going to have time to visit each one? Not really. So the best solution is to target key vendors that you want to speak to, and hopefully generate sales down the road. This requires research. Do your homework. Most organizations will provide lists of vendors prior to a conference. And if you are lucky, most organizations will send you a list of all exhibitors, along with their contact information like phone numbers and email addresses. Use all of that information to your advantage and select which vendors to meet. If you are fortunate enough to meet everyone on your top list, then go to your “B” and then “C” vendors, and so on.

4). Appearance – how to dress when you attend a trade show can sometimes be hard to determine. Unless you attended the same event before, it can sometimes be difficult to know whether you should wear a suit, go business casual, or go completely casual. I usually prefer to take the middle ground and wear a nice sports coat with casual business pants, which the option of wearing a tie. I’ve never worn suits while attending a trade show (either as an attendee or exhibitor). It’s a judgment call. As the old saying goes, it’s better to dress to impress. You will be taken more seriously and you will feel like the true professional.

5). Knapsack – I always bring a knapsack with me when I attend trade shows either an attendee or vendor. It’s easier to carry around all the literature and swag that you know you will pick up. Also, it’s easier to carry around your laptop if you want to give a quick demo of your product or service.

business cards at trade shows6). Business cards – this goes without saying, but always make sure you bring plenty of business cards with you. Also, rather than carry around large stacks of fliers, bring a postcard instead depicting what you are selling. Postcards are easier to carry, hand out and most people will read and keep them.

7). Be Honest – don’t try to pretend that you are a potential customer. Tell trade show vendors upfront that you are a salesperson too. Believe me, they will appreciate your honesty. Just let them know that you stopped by to learn more about their business, and see if you could schedule a call or online tour after the show. Of course, exchange business cards, maybe pick up some of their literature, take a quick look around their booth, and then leave. Don’t be rude and take their swag – that’s for customers. If you really are eager to bring home swag, wait until the end of the trade show. Most vendors would rather have the leftover swag given away to attendees than pack it up and take it back home.

8). Small notebook – Do you have a great memory? If not, bring along a small notebook and pen with you to jot down notes or ideas.

9). Attend workshops – not all your potential customers are going to be exhibiting at the trade show. Some will attend workshops. Review the agenda beforehand and select workshops where you feel you have the greatest chance of meeting good prospects. Or better yet, if you know that a key customer will be speaking at a workshop, as a matter of courtesy (and good business sense), attend his event. After he speaks, go up and shake his hand and congratulate him on a good presentation. Or better yet, if you can swing it, ask if you could speak at a trade show or participate in a panel discussion.

10). Social events – All conferences and trade shows have social events. Again, review the agenda and select ones that will give you the greatest chance to meet clients.

11). Your Mother was wrong. Do talk to strangers –  When you were a child, your mother offered you good advice about not talking to strangers. But as a grownup sales professional, you need to talk to strangers to network and generate new business. See a lunch table with an open seat? Ask if the seat is taken. If not, sit down, introduce yourself, eat, and maybe find a customer. Standing in line waiting to use the restroom? Introduce yourself to the person next to you and strike up a conversation. You rarely are going to find a lot of potential customers in one setting than at a conference or trade show.

12). Scott Ginsberg is right. “Surrender your agenda”Scott Ginsberg, author, and speaker made a very good point in an interview published in an article on How to Network at Conferences and Trade Shows: Mini-Guide by MarketingSherpa.

Rather than attend trade shows with a hard agenda, Mr. Ginsberg recommends that you try to be more approachable and have fun. In the interview, he states that “people can usually tell when you have an agenda, and that’s certainly not being approachable. Surrendering your agenda puts you more at ease to be yourself.”

Unless you spoke to a vendor in advance of a trade show, you rarely are going to get a sale on the spot. Sure, prior to attending the conference, you may want to schedule some meetings while at the event. It’s not unusual for attendees to be sponsors and lease a small makeshift office or table for conversations or demos. But try to set the right expectations for yourself. You should focus on generating relationships with the goal of scheduling more time after a conference for extended conversations, online tours, free trials and eventually getting the order.

BTW, when you have a chance, please read his book Hello, My Name is Scott.

13). Avoid the hard sell. When you are working at a booth, you usually can’t avoid doing the hard sell. Time is money and you want to meet as many attendees and potential customers as you can. But when you are a vendor visiting other vendors, you have to take the soft sell approach. Don’t go in with guns blazing and tell everyone about your company or product. Instead, show some interest in what they are selling. Ask good questions. Take some notes. Remember, your goal isn’t to sell on the spot, but try to get an appointment after the show.

14). Be social. That is, be on social media and follow vendors before you attend the trade show. Follow them on Twitter, LinkedIn, and other sites. Let them know that you are showing interest in the company, and hopefully, in return, they will show interest in you.

Please let me know if you have any questions or comments.

Here are some articles that can help you –

“How to Network at a Trade Show” by WikiHow
“How to Work a Trade Show” published in Entrepreneur
“Top Ten Networking Tips at a Trade Show” by Chaz Brooks

Note: If you like this post, please check out my book – Advice for New Salespeople: Tips to Help your Sales Career.