Are you selling vitamins or medicine?

One of the most common questions that salespeople ask their clients is “What are your pain points?”

Now, maybe you don’t actually ask the question in that matter. Maybe you phrase it differently. But the underlining goal of all salespeople is to determine what type of pain points your clients are suffering to see if what you are selling will solve his problems.

Let’s say you discover those pain points. What next?

Are you selling vitamins or medicine?

By vitamins, I mean are you selling a solution that is holistic and a “nice to have.”

By medicine, I mean are you selling a solution that is really necessary and a “must-have.”

Let me give you some examples –

Are you selling vitamins or medicine?A good vitamin sales example is someone selling books, subscription courses or videos about enhancing professional development in your field. Of course, we all want to improve ourselves and do better in our careers. But is it an immediate need? Unless your boss or manager is demanding that you improve your skills or craft, chances are you don’t need to order any professional development tools right away. It’s something that you will put on your checklist and consider when you have the time or money.

So a vitamin sale, based on the client’s view, maybe a way of preventing a future problem, but it’s a minor pain point that he can deal with for now. There is no sense of urgency.

Are you selling vitamins or medicine?A good medicine sales example is someone selling password security software to prevent hackers from breaking into your network. With all the news lately of hackers stealing credit card and Social Security numbers from major retailers, banks, government agencies, and colleges, your software will probably be on the top of an IT director’s list. Sure, the IT director may negotiate the price with you, but in the end, he clearly understands the threat of security breaches and he will make a purchase. The only question is will he be buying your software or someone else’s.

So a medicine sale, based on the client’s view, will prevent an immediate problem, that’s becoming a major pain that he must deal with now. There is a sense of urgency.

There is nothing wrong with selling vitamins or medicine. But if you want to jumpstart your sales, reexamine what you are offering, and see if you can make your solution more of a medicine rather than a vitamin sale.

While Mary Poppins is right when she sang “that a spoonful of sugar helps the medicine go down,” finding the right pain points and offering medicine instead of vitamins could be your best solution.

The Holiday Season is not a slow sales time

Unless you are working in retail, most salespeople consider the holiday season to be a slow sales time. And for good reason. Many key decision-makers are taking a long holiday break. Some companies will close down from Christmas Day through New Year’s Day. And even if you are making a lot of sales calls, you are being told to “call back next year.”

But don’t be fooled.

lazy salesman during the holiday seasonHere are five reasons why you shouldn’t slow down during the holiday season –

1). Key Decision Makers may be working – Not all decision-makers are taking a long holiday break. For some, the last couple of weeks of December may be a quiet time for them to work. They assume that most salespeople are not going to call them, so they give their receptionist time off. Without the gatekeeper present, this is your chance to catch the decision-maker off guard. Lonely and perhaps eager to speak with someone, the decision-maker may actually take your call and engage in a good constructive conversation that could yield an order.

2). Holiday Cheer – perhaps happy for having a good solid year, the decision-maker may be more receptive to taking your call and speaking with you.

3). Your competitors are not calling – Your competitors are under the age-old assumption that the holidays are a “bad time” to make sales calls, so they are taking a long holiday vacation. With your competitors out-of-the-way, you will have a better shot at reaching the decision-maker.

4). Build up your prospect list– OK, maybe you are in one of those industries where historically many of your clients are not going to be available during the holidays. So what are you going to do? Drink all the eggnog, pig out on all the Christmas cookies, and feel sorry for yourself? Hell no. Start building up your prospect list. Do some research and start uncovering some hidden gems that you didn’t see before. While you may be riding the gravy train receiving inbound leads, not all prospects are going to call you. Track them down, enter them in your CRM (Customer relationship management), do some research on them, and make plans to call them early next year.

5). Brush up – Now is the time to brush up on your product knowledge. Maybe read some industry newsletters or learn more about what your competitors are doing that could impact your sales. Sure, kick back and watch some classic Christmas movies, but don’t forget to read some classic sales books too.

The holiday season is a time to relax. A time to connect with your family and friends. I get that. But don’t be completely off your guard or do a brain slide. Because while you’re spending time ringing in the New Year, your competitors may be ringing the cash register with all the new sales that you should have received.

10 Tips for Working at a Trade Show Booth

I recently came back from a trade show in Charleston, S.C. It was my first trade show in nearly a year. Based on my observations, here are 10 tips on how to work at a trade show booth.

How to work at a trade show booth1). Stand, don’t sit. Yes, I know it’s tough to stand all day. But by standing, you are inviting attendees to approach you and engage in a conversation about your company. By sitting, you are signaling to attendees that you are not interested in speaking with them, or that you are tired. Look, if an attendee is spending most of their day walking, you should at least have the courtesy to stand. If you are tired, take a short break and sit down somewhere else.

If you only have a tabletop display, try to stand next to the table – not behind it. Why? When you stand behind a table, you are putting a defensive barrier between you and the attendee. By standing next to the table, you are signaling to the attendee that you are accessible and friendly, and are interested in engaging in a conversation.

Don’t stand in front of the table, because you want to give attendees a chance to look at your display to determine if your company is a good fit for them. Also, you don’t want to be a stalker and pounce on attendees while they are walking by. Remain calm, compose and inviting.

2). Don’t read your laptop or smartphone. Yes, I know it’s tough to be away from the office. And there may be times during the day when you have to respond to an emergency e-mail or make an important phone call. But try to do it away from your booth. Again, your focus should be on the attendees, not your work or personal life. And if you are still reading print newspapers (remember those), now is not the time to catch up on sports or the latest news. Put all print material that is not related to your company away.

don't eat at a trade show booth3). Don’t eat at the booth. If you are working with a group, take breaks to eat. It’s discourteous to eat at a booth while others are walking by. However, if you are working at a booth myself, wait until traffic is slow to take a break or eat. By reviewing the conference agenda, you should know when to time traffic flow during a trade show. (And don’t raid the candy bowl at your booth – it’s for the attendees to attract them to you).

4). Limit your conversations with your colleagues. I know. Working at a trade show can be boring at times, especially when traffic is slow. So you want to strike up a conversation with your co-workers. I understand. Just keep your eyes open for an approaching attendee. Most people are polite. If they see you talking to one of your co-workers, they may be less reluctant to approach you at the booth.

5). Be friendly. Nothing discourages an attendee from coming to your booth more than not seeing a friendly or inviting face. Sure, you don’t want to be a stalker or stare at attendees as they walk by your booth. But on the other hand, you don’t want to be looking down at the floor or staring in space. Be casual and cool.

6). Speak to the right attendees. Don’t waste time speaking with attendees who obviously are not interested in your company, or are not good prospects. Be firm, polite and diplomatic, but steer an attendee away if he’s not a good fit for your company’s products or services. Remember – you only have a limited period of time to speak with people. Try to keep the booth open for the right prospects that you need to speak to. Attendees don’t want to hear about your vacation plans or your recent travels. While it’s nice to chit-chat, stay focus on the business at hand.

7). Keep plenty of marketing literature at your booth. Not everyone will want to speak with you. It’s nothing personal. Attendees are busy. So keep plenty of marketing literature, swag and business cards at your booth for quick retrieval by attendees.

8). Don’t scan and spam. Don’t waste time scanning every attendee who approaches your booth. Most of them probably are not going to be good prospects anyway. Take your time and engage in a conversation with attendees to determine if they are worth pursuing after the conference. I would rather return from a trade show with 50 good leads than 100 bad ones.

9). The last hour can be the most critical.  When the closing bell goes up, don’t be like everyone else and visit other booths for free (and better) drinks and food. Stay at your post. Some of the best orders I’ve received were from attendees who raced from booth to booth at the last-minute seeking information, and scheduling appointments after the show.

10). Collaborate with neighboring vendors. Right before the trade show begins, talk to neighboring vendors and see what they are offering. If they are not a competitor, form a quick alliance – if an attendee arrives at either of your booths that are not a good fit for you, but could be a good fit for the other vendor, encourage the attendee to visit the other booth. This could increase more traffic and sales for you. Plus its just good business.

pcruciatti / Shutterstock.com (top photo credit).

The 10 spookiest things about Selling

spooky things about sellingWhat keeps you up at night? Is it the imaginary monster you remember from your childhood that is still hiding underneath your bed? Is it the ghostly sounds that you hear outside your window while you’re trying to sleep? Is it your black cat that’s scratching your bedroom door?

With Halloween fast approaching, what are the 10 spookiest things that scare you the most about selling?

1). Not getting enough qualified sales leads

Do you want leads? Sure, here’s the Yellow Pages – start calling! Seriously, most salespeople complain about the lack of leads or the quality of what they receive from their marketing team. But hey, thanks to the Internet, there are tons of free and paid sources now available. So stop complaining, and don’t be afraid of doing a little research.

Need help? Here are a couple of books you should consider –

New Sales. Simplified: The Essential Handbook for Prospecting and New Business Development, by Mike Weinberg and S. Anthony Iannarino.

Power Prospecting: Cold Calling Strategies For Modern Day Sales People – Build a B2B Pipeline. Teleprospecting, Lead Generation, Referrals, Executive Networking. Improve Selling Skills, by Patrick Henry Hansen.

2). Getting little or no training

You were told by your employer that you would receive training after you were hired. Instead, you were introduced to your work area and given a prospect list – now start selling. What should you do? Start reading. That’s right – start reading sales books, blogs, and articles. Start watching YouTube videos about selling. Study your company’s products and services inside and out until you know them by heart. Do what you have to do to be successful – because while your employer may not care, you better give a damn about your job. After all, what’s even scarier than little or no training is standing in the unemployment line.

Don’t know where to begin? Here’s help –

Here is a link to a guest blog post I wrote for Will Reed Jobs, an Austin based job hunting agency for young salespeople –

Ten books that New Salespeople should Read

And HubSppot has a list of the 20 Most Highly-Rated Sales Books of All Time.

don't panic in sales3). The “no show” prospect

I know. The prospect accepted your meeting calendar invite to view your short webinar, but he disappeared. Where did he go? Did he fall down a pit? Are you going to curse the darkness? Of course not! Don’t panic. Just pick up the phone and try to reschedule the appointment. Things happen. Prospects get busy. Don’t take it personally.

4). Competitors who lie, cheat and steal

Hate them or respect them, competitors exist in every industry. You can either be afraid of them or fight them. The choice is yours. While you may want to boil your competitors in a cauldron of oil, the better approach is to stop worrying about your competitors and just do your job. In the long run, you will succeed while your competitors fail.

5). Cold calling

A cold call isn’t cold unless you make it so. Do a little research first before you call a prospect. Is he the key decision-maker? Do you feel you have a solution that will help him? Or better yet, try to get a referral.

6). The mysterious marketing department

You heard about the mysterious marketing department, but you’ll be damned if you know if it really exists or not. Is it a ghost department that only comes out at night when everyone else has left work? You were told that the marketing department was going to provide you qualified leads, but you haven’t seen any for a while. Did the leads end up in the quicksand?  (See number 1 about finding your own qualified leads). And if your company’s social media efforts are still in the dark ages, start your own blog, Twitter, Facebook, and LinkedIn account, and become more active on social media yourself. While your marketing department may be invisible, you shouldn’t be.

salespeople pouncing on trade show attendees7). Trade Shows

So you’re afraid to stand at your exhibit booth during trade shows. Don’t be. Chances are, most of the attendees are just as scared as you are because salespeople are pouncing on them like vampires every time they near a booth. Rather than asking good qualified questions, those salespeople are sucking the life out of attendees. Don’t be like that. Act cool. Show some respect. Don’t scan and scam. Take a more consultative sales approach when meeting with attendees. Believe me, in the long run, it will pay off.

Here is a good article from Jane Applegate on “How to Work a Trade Show.”

8). Conversions of your CRM (Customer Relationship Management) system

You love your CRM. It helps you keep track of your sales notes, customer contact information and all of the records you need to do your job. But another salesperson came along and sold your employer on a better CRM. Now what? It’s conversion time – that long, lengthy, agonizing period of exporting all of your data into the new CRM. Scared? Hell, you should be. Because sometimes important data has a way of ending up in a dark hole that will never be found again. (I’ve gone through 5 conversions in my career. In one case, the programmers forgot to transfer our sales notes. In another case, they forgot to transfer all of our expired clients). But don’t be afraid – instead, download and save all your information or print it out. But whatever you do, protect your information or it may disappear.

Here a good article from Chuck Schaeffer on “Lessons Learned in CRM Data Conversions.”

bogeyman as a sales manager9). Bad sales managers

Yes, we’ve all been there, done that. But your sales manager may not be the bogeyman you think he is. Like you, he’s under pressure to make quota or achieve sales goals. The only difference is that he has to depend on you and the entire sales team to make it happen. That’s scary. There are a lot of books and articles on how to deal with difficult managers – here are a couple –

A Survival Guide for Working With Bad Bosses: Dealing With Bullies, Idiots, Back-stabbers, And Other Managers from Hell, by Gini Graham Scott Ph.D.

Dealing With Horrible Bosses: How To Handle Bad Managers at Work! (difficult managers,poor boss,difficult bosses,work bullies,bad bosses,bullying at workplace,bullying at work), by Damon Lundqvist.

And VorsightBP, a Northern Virginia based sales consulting firm, has an excellent webinar on “10 Tips to Transform Sales Leaders From Micromanagers into Great Coaches.” (You have to submit your contact information to watch it, but it’s worth it).

10). Slow sales periods

Every industry has its slow periods. You know, that time when most clients are not buying because it’s the holidays, or it’s the summer or whatever lame excuse you are given. So does that mean you slow down? Hell no. Find other prospects to contact. When I once worked in the accounting industry, tax season was considered a slow time to call on CPAs, accountants and tax preparers. Unless you loved getting chewed out by stressed-out accountants facing the April 15th tax deadline, you pretty much left them alone. While that made sense, we didn’t sit around and feel sorry for ourselves – instead, we contacted libraries, nonprofit organizations and financial institutions that we thought would be good candidates for our tax research program. You do what you have to do to hit your quota.

What scares you about selling? Please send me a comment.

5 reasons why Friday isn’t a Slow Sales Day

It’s Friday. The weekend is almost here. You’ve had a long week. You have secured some large orders. Now you are looking forward to receiving a large commission check soon.

Friday is not a slow sales dayWhile Friday is still a workday, you figure that you can relax and prepare for the weekend. So you’re kicking back and planning to see a movie, or visit friends, or go to that new hot restaurant you’ve been hearing about.  Maybe you have some administrative work to catch up on. Or maybe you want to catch up on your sales training by watching a video or two at your desk. Or maybe you want to take a long lunch.

After all, you’re thinking to yourself – “Fridays are slow sales days. Most of the key decision makers are taking an early weekend. I can relax.”

Wrong.

Fridays should never be considered a “slow sales day.”

Why?

1). Not all decision-makers are the same – While you may think that all key decision makers are taking a long weekend, that’s not always the case. In fact, decision-makers may be working harder to clean up their workload before they enjoy the weekend. Why? Well, because they’re decision makers and they have a lot of decisions to make.

2). The gatekeeper isn’t around – Chances are the gatekeeper is the real one taking a long weekend while her boss is working. That’s good news for you, because it means you may be able to reach the decision maker without the challenge of going through the gatekeeper.

3). The decision maker may be caught off his guard – Decision makers may think like you. They may feel that those “pesky salespeople” aren’t going to call them on a Friday, so they may end up answering the phone instead of the gatekeeper. And sometimes the decision maker, looking forward to the weekend, maybe more relaxed and open to accepting your phone call.

4). Other salespeople aren’t calling  – Because they feel the decision maker isn’t around, so they make the common mistake of doing admin work, or leaving early for the weekend. With the competition out-of-the-way, that gives you a greater opportunity to reach and speak to the decision maker.

5). You’re more relaxed – After a long week, you may feel more relaxed and less anxious when making sales calls. Knowing that the weekend is upon you, you may actually find yourself being more consultative and conversational with your prospects. Which in turn means more sales for you.

So, the next time Friday rolls around, don’t be lazy. Pretend that Friday is like any other day of the week, and continue with your same high energy workflow.  You may be surprised by the results.

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

10 ways to Shorten your Sales Cycle

Let’s face it. No one likes a long sales cycle. The longer your sales cycle, the longer it will take you to earn your commission.

I’ve had sales cycles that have lasted anywhere from one week to two years. Sure, sometimes a high-priced item will take longer to sell. That’s a given. But don’t let your prospect treat you like a wimp. Sometimes you need to use a little tough love to ensure that you are not wasting your time. You’re a professional. Act like one.

So, how can you shorten your sales cycle?

1). Decision Maker – make sure you are speaking to the right person at the beginning of your sales cycle. Yes, some prospects will lie and tell you that they are the decision-maker. OK. Play along. But start doing some research on LinkedIn or the company’s website to make sure that you are talking to a heavy hitter and not a summer intern.

herding prospects in salesOne good way of avoiding the “decision-maker lie trap” is to ask about the decision-making process. Note, I said process, not who is the decision-maker. By asking about the process, hopefully, your prospect will not lie to you and string you along. Instead, he will explain how his company makes purchasing decisions.  More companies than ever have more than one decision-maker, especially if you are dealing with a mid-to-large company. Just like herding cattle, you have to be patient and rope in all the decision-makers.

2). TimeLine – it doesn’t hurt to ask upfront what your prospect’s timeline is for making a purchasing decision. If they tell you within the few months, hold them to it. If they tell you in 6 months or longer, maybe you should circle back when they have a budget and interest in making a purchasing decision.

3). Pain Points – why now? Is there any urgency in them buying your product or service? What type of problems are they having that you feel you can solve for them? But just don’t ask about pain points – make sure you have a solution that will help them. Clients don’t buy products or services – they buy solutions. Make sure you have one that they can use.

4). Budget – do they have a budget to make a purchasing decision? If not, maybe you should check back when they are ready. Sure, you may do a short demo or presentation of what you are selling to gauge their interest, but don’t devote too much time until they are in a better financial situation.

5). Competition – don’t be shy. Ask upfront if they are considering other vendors. Sometimes prospects will surprise you and honestly tell you that they have already considered others, but now they are considering you. That’s great. Ask why they didn’t consider the other vendors to ensure your service or product will meet their expectations. This will put you in a better position to offer real value to your client.

6). Limit Trials – depending on what you are selling, some prospects will want to do more than one trial. That’s OK, but don’t let them string you along.

Salesperson making a phone call, closing7). Firm Scheduled Call-backs – try to set hard scheduled call-backs or follow-up calls. The more specific the day and time of your next appointment, the better chance your prospect is really interested in what you have to offer. Send a calendar invite. Send a short email the day before reminding them of the appointment. Try to hold them to it. If a prospect isn’t willing to schedule firm appointments, maybe he’s not serious. The last thing you want to do is make endless phone calls, or leave countless voicemails and a stream of emails.

8). Ask pre-close questions – along the way, try to measure the client’s interest and determine if there are any objections. The sooner you overcome objections, the better chance you have to close quickly.

9). Call High – stop wasting time calling low or mid-level managers who don’t like making decisions or who may not be the right people to speak to. Call the CEO or the president. You will be surprised that sometimes he will recommend the best person to speak to in his company. So when you call the real decision-maker, you can drop the CEO’s name, and hopefully, move the sales process a lot faster.

10). Use various cold calling techniques – making phone calls isn’t enough anymore. Use a combination of email, voicemail and social media (e.g., Twitter, LinkedIn) to move your sales process along.

To learn more about shortening your sales cycle, please read Lean Selling: Slash Your Sales Cycle and Drive Profitable, Predictable Revenue Growth by Giving Buyers What They Really Want, by Robert J. Pryor. 

Mr. Pryor’s main argument is that selling is a process, and to be more successful, you need to adopt his best practices and advice to achieve your goals. But he cautions that you can’t do it alone – your entire sales department – indeed your company, must adopt his program.