Tag Archives: Sales

Bad Telemarketing – WOW – I Hung Up On Him!

Here is a lesson on cold-calling ripped straight from my Tuesday…

I wondered what my post would be  today – that is until I received a phone call at 1:30pm local time during a flurry of activity at my desk. 

It was a salesperson pitching a seminar where I would be guaranteed 1 of only 20 appointments that several C-level executives will have booked during their stay at a nice hotel in Arizona.    This guy was classic.  He must have been breathing through his ears, because he would not listen to me.  I said “I’m busy can you please call me at another time..” – simple, and more than an unwanted telephone caller deserves in terms of my politeness.  BUT he would not stop pitching me his service. 

As my grandmother said, you have one mouth and two ears, use them proportionately! 

These days you are fortunate to catch a prospect on the phone in person.  If they seem very busy and agree to schedule some time with you on another day -  book the meeting.  Send a calendar invite to them.  Say thank you.  And hang up.  You’ve made an advance.

Selling Services Challenge – How to Multiply Your Pipeline by 10

I’m writing this blog entry in response to a challenge from one of  my favorite sources for great marketing advice for services firms, RainToday.  The folks at RainToday write a great blog, and one to which you should subscribe: http://www.raintodayblog.com.  This month they are laying down the “Selling Service Challenge.”  They are asking readers to “share your real-world B2B sales challenges or successes…”  For my topic, I’m picking a challenge and an opportunity that is guaranteed to multiply your pipeline – Getting everyone at your firm selling.

You set sales goals for your sales reps.  You work these goals with the sales team aggressively.  But, when is the last time you checked in with your non-sales staff on the topic of business development?  There are typically orders of magnitude more non-sales than sales staff in a services organization.  In my firm, for example, the ratio is 20:1.  Even a  small uptick in the effectiveness of this larger group to identify and qualify opportunities on which the sales team can then follow-up can have a substantial top-line impact. 

I recently had the pleasure of addressing a group of associates at my firm’s new employee orientation.  In this  ”Sales for the Non-Sales Professional” session  we reviewed “principles of networking,” “signals to listen for while at clients,” an “elevator pitch” on my firm’s offerings, and finally a “questioning framework” they could use to guide them through some initial client conversations in the hopes of seeking out some early stage opportunities.  We were not talking about forcing non-sales folks to sell.  But we were discussing ways to stoke the sales funnel.  10 consultants walked into orientation that morning, 10 Lead-Seekers left.

At your next all hands meeting, why not have some sales training for non-sales professionals?  Multiply your “feet on the street.”  Do the math – it’s worth it!

http://www.raintodayblog.com/take-the-selling-services-challenge/trackback

Sales Procrastination

Interesting thoughts from Seth Godin on how busy does NOT equal important in life: http://bit.ly/a1BuOY .  Applied to sales and marketing, this even more poignant.  Doing lots of (the wrong) activities will not build your funnel.  What are you “busy” with today?

Sales from Non-Sales Staff – Guaranteed To Increase Pipeline

You set sales goals for your sales reps.  You work these goals with the sales team aggressively.  But, when is the last time you checked in with your non-sales staff on the topic of business development?  There are typically orders of magnitude more non-sales than sales staff in an organization.  In my company, for example, the ratio is greater than 10-1.  Even a  small uptick in the effectiveness of this larger group to identify and qualify opportunities on which the sales team can then follow-up can have a substantial top line impact.  At your next all hands meeting, why not have some sales training for non-sales professionals?  Multiply your “feet on the street.”  Do the math, it’s worth it!

Time to Freshen the Funnel

When is the last time that you took an honest look at your full sales funnel?  Did you get to it during the holidays?  If you are like me and many of my peers you took a swing at it but still missed a thorough review.  You may have some stale pursuits, suspended deals , or worst of all – some fresh opportunities that are not yet represented in your funnel.  Before we burn through January, it’s time to do a little cleanup.  While you’re at it, it may be an interesting exercise  to turn your funnel inside out and look at it from an important perspective – The Customer’s.  I’m midway through Mark Sellers’ (yes that’s his real name) book “The Funnel Principal,”  and I like what I’m learning.  This book espouses the creation of a “BuyCycle Funnel.”  Just when you thought all that could be said about selling has been said, Mark has come up with an original way to prioritize your deals.  Think traditional funnel stages – but each from the customer’s perspective.  Each stage is defined by customer committment.  What do you know about your customers’ buying process?  Perhaps not enough.

Customer Site Visits: Always Take the Nickel Tour

I was at a client site today and was offered a the $.05 tour of the facility.  Besides being extremely cool (the client is a forge who makes parts for mining equipment and other heavy industries so it looks like 10-ton Legos being pounded out of pure metal!) I learned an invaluable amount of information from my tour-guide ranging from:  their business, competition, pricing, staffing, assets, market positioning, strengths and weaknesses, future plans, go-to-market strategy, corporate pains, and a 30-year history of the company.  You can’t buy information like that.  ALWAYS take the nickel tour!

Pipeline 2010 Tune-up

So, you survived the big year-end push and spent some time unhooked from the business world to spend with the family over the holidays.  Recharging the batteries is critical as you suit up to kick off another year.  But now it’s mid-January.  How do you feel about your pipeline?  If your answer was anything but “rock solid,” you should read this brief article from Ilise Benun contributing to RainToday

via Pipeline Making You Queasy? 8 Tactics for Creating a Focused Marketing Plan – RainToday.

There’s No Such Thing As “Selling” Anymore

In my nearly 20 years in business development, many things about sales have changed.  One of the most significant is the slow and steady evolution of the power / authority in a sales process migrating from the “seller” to the “buyer.”  At one time, the seller controlled all.  Manufacturers made things, sellers sold them.  They would arrive at the buyer’s office with a bag filled with collateral which included the sum total of information on that product and its specifications.  The seller was the authority and controlled the transaction.  For reasons to many to list here, including most powerfully the internet, that equation is turned on its head.  Buyers are now in the driver’s seat.  References on this phenomenon are readily available.  Three of my favorites, however, are The New Solution Selling, by Keith M. Eades, Customer-Centric Selling by Michael T. Bosworth and John R. Holland, and The Little Red Book of Selling by Jeffrey Gitomer.  I could run a blog for months just posting about these approaches, and will be citing them often, but regarding my post today, they have one theme in common.  There is no such thing as “selling” anymore.  It’s about helping your clients win and matching your selling process to their buying process.  Once you accept that fact, your success as a salesperson can really take off.  I highly recommend you check thes books out.

“This is not a year to recover. This is a year to dominate.” – Jeffrey Gitomer

A bold statement from one of the best sales gurus in the market, Jeffrey Gitomer.  He is a fantastic resource and you should check him out http://www.gitomer.com/ and buy at least 2 of his books if you don’t already have them in your sales success library - but that’s another story.  I was struck by this quote in and of itself.  “This is not a year to recover. This is a year to dominate.”  That is a real wake up call to snap out of the “recovery hangover,” pick yourself up by the bootstraps, and get out there to solve some of your clients problems. Are you taking this aggressive a posture?  It is an excellent challenge to us all as we kick off 2010.  Get out there and dominate!

Hello world – Sales and Marketing Mashup is Here!

I have wanted to do this for some time now – so here goes!  My name is Tim Kocher.  I have been in sales and marketing for my entire 19-year career, most of it for professional services companies.  I hope this blog will become a place where people who are connected to sales and marketing can come to see valuable information on the tricks of the trade (and the trade itself) in one stop.  We’ll touch on all aspects of business development so be sure to come visit often!  Feel free to Look me up on LinkedIn as well: http://www.linkedin.com/in/timkocher