Category:Success In Business Sales Profitability Marketing Management Business Systems Business Coaching Business General
Marketing without sales is a waste of time and money. Yet, as a business coach, that is what I see continually in businesses I meet. The marketing team (even if it is a team of 1) does the marketing activities: advertising, networking, strategic alliances etc. Yet, when the phone rings does the sales team know how to close the sale? Statistic indicate that almost 70% of sales are not closed due to the sales person never asking for the sale. If you don’t ask for the sale, you probably won’t get it. The sales team needs training. I have joked that the sales team needs WEEKLY training, only to have sales people agree with me. It isn’t a joke, train your sales team, train them well and train them often!
Who is your sales team? My answer – every employee in the company? Who needs sales training – every employee. Who is the core sales team? The team of people who regularly talk, meet with customers and prospects. That includes receptionists, customer service, Presidents, management etc. All it takes is one word to make the difference in a sale.
What do you train the sales team on?
- Conversion rate – The phone rings – a prospect – everyone is excited (or at least they should be). How do you talk to them? What questions do you ask PRIOR to your answering their question? As prospects very few of us really know what we want to purchase. We just think we know. If you don’t help to educate us – we will then buy on price.
- Products – You know your products (or do you). How do you describe them? Do you create emotion as you share the value of your product to me? Do you know how to create emotion for your product? Does everyone really understand the value of the product? For 98% of companies I believe the answers to the above questions are no. Changing those answers will make a difference.
- Customer – Do you know what the customer wants? Not what YOU think they want, but what they truly want?
- Competition – Who are your competitors and how are you different? Why should they buy from you and not them? If you are more expensive then why, if you are less expensive – then why. Know your competition – they probably know you.