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Sales Strategy
Selling Through Tough Times-Be a Chameleon
By Christine Corelli The "Sales-Service Excellence" Expert
This article has appeared in numerous publications.
Experiencing a selling slump? If you are, it's a tough situation
indeed. It can not only hurt you financially, but it can damage your ego--especially
if you feel you're doing everything right and you still can't see a breakthrough.
It can also cause you to worry about job security and make your company vulnerable
to the competition. What to do?
First of all, if your sales have been down lately, you are not
alone. Current economic conditions and outsourcing to foreign competitors have
caused sales to drop dramatically for businesses in many industries. So it's
very easy to place blame there. But can you afford to? Not if you want to move
forward. So what should you do? Sit at your desk and hope the phone will ring?
Go through the motions and wait for things to turn around? Worry yourself to
the point where your lack of confidence is written all over you when you're
interacting with customers? Obviously, none of these will work. Action will.
Below are methods to put you in the right frame of mind and get
you back on track when sales are down. If you have been fortunate and have been
meeting or exceeding your sales goals during this tough economy, you may still
wish to review these to be sure you stay on the right track.
-Become a Chameleon - Accept Change.
If there's one word that captures our arrival into this still very new Century,
it's change. These are challenging times! We're experiencing an unstable economy
that is taking far too long to turn around. There are mergers, acquisitions,
restructuring, downsizing, hiring freezes, and more fierce competitors who are
chomping at the bit to swipe customers. Every company is in a race for growth
with no finish line in sight. There's new ultra-sophisticated technology to
implement and learn. And, many of us must now "think-global" and learn how to
do business overseas. Under these conditions, you can be sure: Change will be
continual, but then again, it always has been. It's just never been quite so
"rapid."
When a company institutes change, it can make you uncomfortable,
challenge the way you view yourself, disrupt your life, and force you to deal
with uncertainty. It can seem to come through your organization like a breeze,
but these days, it hits like a tornado and you may wish you could simply take
cover until it blows over. Unless you want to look for another job, you can't--even
though you may feel alienated, stressed, or estranged by executive and managerial
calls to embrace it.
You may even not be sure if the change is for the better. And,
if you work for one of many companies who have cut budgets and benefits, you
KNOW it's not for the better for you. You may experience insecurity, and personal
resistance. You may observe those around you who seem to be passively going
through the motions of their job while trying to cope with underlying feelings
of uncertainty and the pressure to perform.
When its environment changes, the chameleon's biological process
enables it to adapt readily to its environment. Unfortunately, for human beings,
it's not quite so easy. Nevertheless, if you want to drive sales growth, and
get yourself out of a slump, you must become like a chameleon--adaptable to
your environment. If you agonize over the changes that are occurring around
you and consider yourself to be a "victim," it will take much longer for you
to get back on track. Become a chameleon.
-Stop Fretting and Take Action
Recently, I had dinner with a client who is a small business owner. When I asked
him how he was doing, he stated: " I'm not going to spend my precious time worrying.
That won't accomplish anything. I've focusing on developing relationships with
my existing customers and putting a great deal of effort into building relationships
with potential customers. Right now I'm holding my own, but when things open
up a bit, I have every confidence my sales will soar. I'm encouraging my sales
people to do the same."
Smart guy! Fretting and worrying will not help you when your sales
are down. These behaviors will hold you back. You cannot excel at anything unless
you keep yourself in the right FRAME OF MIND. This requires balancing your ability
to be realistic and objective, and not over-worrying about things you can't
control.
Excessive worry will block you from functioning effectively and
keep you from putting your best foot forward. It will also block your creativity--something
you need more than ever when sales are down. Consider this: Will worrying change
the outcome of what will ultimately happen? What if everything you're worrying
about will work out fine? What if you will have an abundance of opportunities
to win new business if you were to take a stronger and more creative approach
to sales? What if the efforts you make today are going to pay off for you in
the near future? Channel that negative habit of worrying into action to drive
business growth. Remember: "Worry is like a rocking chair. It keeps you going
but gets you nowhere."
-Eliminate Negative Thinking and Sound Confident
If you're experiencing a selling slump, tune up your mind and your tone of voice.
If you are stuck in a rut thinking you won't make a sale, you won't. Think about
how you SOUND when you're talking to customers. If they sense your apprehension
or pessimism, they'll be more likely to give their business to someone who does
sound confident.
Sound optimistic and convincing. You need to think, act, and sound
like a winner, even if you haven't won the race for a while. Just like a thoroughbred
that wears blinders to keep his or her eyes on the finish line without getting
distracted, you must forge ahead--sometimes even on "blind-faith." Remember:
Fretting and worrying will not get you where you want to go. Opting for optimism
and taking ACTION will.
-Talk Smart
Business experts have stated that eighty-five percent of your overall career
success is in direct proportion to your ability to communicate. I disagree.
I believe eighty-five percent of your overall success in LIFE is in direct proportion
to communicate your ideas and needs to others. If you are in sales, you must
be a master communicator, especially when it comes to your ability to:
- Convey the VALUE of your product/service.
- Ask questions and LISTEN
- Sound empathetic to your customers' problems
- Convey that you genuinely want to help them
- Respond to objections and handle problems
- Sound DIFFERENT from every other sales person
- Be knowledgeable and have industry expertise
- Convey honesty, professionalism, integrity
- Deliver an engaging presentation while sounding conversational in your delivery
(Don't forget the CONFIDENCE.)
- Adapt your selling style to the customer's personality
Sit down and write down words and phrases that convey these. Experiment until
you find what works. Then, here's the key: MEMORIZE them to the point that using
them in your every day interaction with customers becomes second nature to you.
The sharpest sales people I know do this.
- Go Back to Basics
You remember what that means--it's doing those same activities you did so
willingly when you first got started to get yourself up and running. One of
them was staying on the phones. Great sales pros instinctively know they must
always have the discipline to keep "dialing for dollars" to existing and potential
customers to get out of a negative sales period. If there aren't enough incoming
calls, there must not be enough going out! So if your phone's not ringing ask
yourself: How many calls am I making? If your phone is quiet, it's because you're
not making enough calls.
Muster up the discipline to spend several hours on the phone each day to help
generate business to get you out of the quicksand and onto solid selling ground.
The best business development and salespeople know that whether business is
down or whether they're soaring high, they always need to sustain the discipline
to get on the phones and hustle or for sure it will fall off.
-Tap into Your Creativity
It's not uncommon to get stuck in a rut when sales are down. So, if you're
hearing, "I'm not interested," become interesting to them! Talk in terms of
what's important to them. Think about changing your approach when interacting
with customers, and in your methods of developing new business. Bring creative
ideas to your existing customers. They'll thank you for it.
Make an effort to apply creativity to help drive sales. Consider these: What
more can you do for your potential and existing customers? What can you offer
that other competitors are not? Who can you contact that you have not contacted
before? How can you show existing customers that you appreciate them? How can
you entice them to visit your exhibit at your industry trade show? What creative
incentives can you offer them NOW to convince them to buy?
-Get Visible - There's No Substitute for Knocking on Doors..
Here's something I've often heard: "I used to visit a lot of customers and
attend events, but I don't have time anymore." Physically calling on customers
and attending business events are likely activities that helped you get established.
You may need to do go back to those practices to get up and running again. If
business is down, make more face-to-face appointments, attend networking events,
meetings, trade shows, chamber of commerce functions or association functions
where you can meet potential customers, learn about your industry, build relationships
and form strategic alliances. Be selective where you spend your time and money,
but remember: Visibility in your industry and community is important.
-Reconnect with Advocates
When sales have been down for a long period, visit friends, suppliers, contacts
and existing customers who know you and love you. (Okay, visit those who simply
like you!) Ask them for referrals and more business. The efforts you have made
in the past to maintain strong business relationships can pay off for you now
when you need it the most.
-Spend Increasing Amounts of Time Forming Relationships
As mentioned previously, developing relationships will help you get out
of a slump move you toward long-term profitability. Slowly but surely, even
in a tough economy, if you keep calling customers and work hard at building
relationships, when the time comes for them to buy, you'll be the one that will
get their business. Don't neglect to keep calling on potential customers you
believe are loyal to your competitor. I've heard countless victory stories from
participants in my sales seminars that persistence and patience combined with
class and professionalism have won their biggest accounts.
-Bring Reinforcement
Does your company have an "Everyone Is In Sales" philosophy? If not, it
should. If possible, bring your executive vice-president, national sales manager,
top technician, or a customer service rep along who can reinforce your words
and help you convince new customers to buy. Why? It makes the customer feel
important. For example, if a potential customer has had problems with shipping
or customer service with their current supplier, bring those individuals along
from your company and introduce them. Yes, I know they're busy and have too
much to do, but consider this: if sales are down, they, and others in your company
may not continue to get a paycheck.
-Maximize Your Productivity - Organize or Agonize!
Here are a few hard questions to ask yourself if you've been in a slump: Have
you been working efficiently but not effectively? Have you been very busy and
working hard during a slump, but haven't been getting results? Then you haven't
been effective.
Remember the 80/20 Rule: "20 percent of your customers will generate 80 percent
of your business." Have you failed to concentrate your efforts on customers
who can give you the biggest commission check? Have you been spending too much
time going after small accounts, without consistently striving to get business
from larger accounts? Do you manage your territory as if it were a "milk-run?"
What I mean, is, do you keep calling on existing customers because you know
they will keep ordering from you repeatedly, and not go after the bigger fish?
If you did, did you throw in the towel too soon with any of them? Would just
a few more times at bat give you the home run?
Have you been making the best use of your time? Have you prioritized your to-do's
each day and done them first? What percentage of your day have you spent in
non-sales related activities? Are you ORGANIZED? If you don't have effective
organizational skills, get them. Your alternative is to AGONIZE over why your
sales are down. Take a good hard look at yourself and be honest: Have you been
procrastinating on taking appropriate action to get out of a slump? Procrastination
is a negative habit.
-Set, Reset and Work Toward Your Goals
Not your style to set goals? Even the most sophisticated business professionals
set goals. Write them down and LOOK at them each day. Then, DO them. Setting
goals is a way of making things concrete. It's a sure way to focus your energy
if sales are down.
Get into a non-business setting where you can think clearly and there will
be no distractions. Sit down and write down what action you'll take. Establish
your priorities, and set goals so that you'll move forward. For example, "I
will make 10 phone calls per day to existing customers, and 20 to potential
customers." "I will study my industry and check out my competition on the Web
at 1/2 hour each day." "I will try this new approach with these customers."
"I will apply one concept, theory, or selling skill each day, until it becomes
habit. Then, I'll move to the next one." "I will meet with John Smith to discuss
his ideas on how to tap into new markets." "I will book three appointments per
week."
- Outshine Your Competition
Ask your customers how you can help them. Give more. Care more. Be better.
Work with your customer service staff and others in your company to help them
prevent any service problems. Portray a higher level of service in every aspect
of the business process. Develop an obsession for delivering your best performance
with every encounter, with every customer, every day!
-Invest in yourself
Spend more time and energy on learning new skills and self-improvement. Take
a refresher course on sales training, or enroll in an advanced sales training
program. Don't be too proud. Consider working with a sales coach. Make it priority
to continuously sharpen your skills.
-Learn to love what you do
Have you lost that lovin' feeling you had when you first started? Do you
remember how excited you were when you got that first big deal? Through all
the uncertainty and instability, if you can learn to love what you do, you'll
be more creative, and sound positive when interacting with customers. And, you'll
simply make it better for everyone around you.
-Alleviate the pressure
Lighten up! Being in a selling slump it can be challenging, but it doesn't
have to ruin your life! Laugh a little. And, chances are, if you can get your
customers to laugh, your chances of making that sale will be tenfold.
All of these are methods and mind-sets that can help you overcome a selling
slump, but remember this quote from yours truly: "There is no mystical magical
secret to sales success. It comes from your ability to be like a chameleon-
adaptable through change. And, it comes from your enthusiasm and belief in your company, its products/services, its people, and YOURSELF. Then, making the CUSTOMERfeel that same enthusiasm and belief."
© Copyright 2003 Christine Corelli. All rights reserved
Christine is best known as The
"Sales-Service Excellence" Expert, and the author of the popular
books,
Wake Up and Smell the
Competition and The ART of Influencing
Customers to BUY From YOU.
As a keynote speaker, conference speaker, and sales trainer she
is superlative in her field. Her
impressive client list includes Fortune 100 corporations, prominent
national associations and
literally hundreds of mid-sized and small businesses.
To learn more about Christine's books, keynotes, seminars or consulting,
please contact:
Gene Leigh, Director of Marketing: gene@christinespeaks.com
or call us toll-free:
(800) 417-9968 or (847) 581-9968 |
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