Volume IV, Issue 26- Back to Archive

Volume IV, Issue 26  
November 4, 2005  
SalesFocusInc.com 410-442-5600
info@SalesFocusInc.com toll free 866-840-8305

 
As the New Year begins, a common ritual takes place … health clubs are jammed. You have to wait to get on a piece of equipment. Come March and April, the health club is busy but you can immediately get to your choice of equipment. By June, well let's just say you could fire off a cannon and not hit any one.

Prospecting can be much like going to the health club. It's something that sales people know is good for them, and if done well, will produce excellent and predictable results. At the start of the year, or when a sales person joins a new company, they are prospecting animals. But it doesn't take much time before most sales people will start to avoid prospecting. For some, they would rather crawl over broken glass than make cold prospecting calls.

We know prospecting is the most disliked task of being a sales professional: a root canal could be more tolerable. But, if you do not feed the front end of your pipeline, good things will stop coming out the back end of the pipeline. No matter how good you are, no matter how referral driven you are, you still need to perform the discipline of prospecting, in order to grow the company and your income.

Cold call prospecting is a "no option behavior." Our Sales Focus Twelve Commandments of Prospecting are a proven success discipline of prospecting and selling success.

 

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The Twelve Commandments of Prospecting

Commandment I: Make an Appointment with Yourself for 60 to 90 Minutes a Day to Prospect

Prospecting is a required discipline to sales success. It requires rigor and focus. It is very intense, so only prospect for 60 to 90 minutes a day to avoid burn out. You can find many reasons to put off prospecting until later in the day and tell yourself, "I will do it when circumstances are better." I can assure you that the time to make your prospecting calls will never be exactly right.

Make an appointment on your daily planner and protect it. Look at it this way, "It is an appointment for the largest sale I have ever made." The next record setting sale of your career has yet to happen, and it will come from a brand new client. Where and how do you get to that brand new client? It truly is an appointment for the beginning of the largest commission check of your career.

Commandment II: See the End before the Beginning

Steven Covey, in his book, "The Seven Habits of Highly Successful People," tells us to see the end before you begin. Dr. Covey is, in effect, telling us to establish a goal and then develop a plan to work towards that goal. This sage advice works well in prospecting and business development.

Commandment III: Set Goals

Pipeline management is the best sales tool available. When you know how many face to face calls you need to make to get a prospect to move to a proposal, and know how many proposals you have to present to close a sale, you are in total control of your success.

Apply the pipeline management theory to your cold call prospecting time. How many conversations do you have to have to get one appointment? Based on your pipeline number for required face to face meetings, you know exactly how many conversations you need to have, to set the right amount of appointments that will produce the net end results you want. So how many dials does it take to have a conversation? Now you have total pipeline management control: "x" dials = "y" conversations = "z" face to face meetings = "w" proposals = $$$$$ closes.

Once you have established the number of dials and conversations you must make, you can easily set goals. If a number of dials or conversations did not achieve the needed results, do not beat yourself up. Over the long term everything will balance out and you will achieve all your pipeline goals.

Commandment IV: Make Your Calls Brief

The objective of the prospecting call is simply to determine if a lead is qualified or not qualified. If they are not qualified you have two choices: a) trash the lead, or b) check back at a later date. You are going to get 10, 20, 30 even 40 non-qualified leads for every qualified lead. That is a lot of "no's," so play to win and go for the "no." Come from abundance! You have hundreds or thousands of leads to talk to, to find the 10 to 50 who will buy. What I say to myself is, "I have 780 people to talk to in order to find the 12 that will become my client. Sir or madam, can we speed this call up so I can find those 12 people from this large list?" That is what Sales Focus salespeople truly believe.

Your prospecting call should last approximately two to five minutes at the most. Focus on introducing yourself, your product /service, what "pain" issues others had who decided to do business with you, does the prospect on the phone have any of these pains and if so are they important enough for the prospect to invite you in for a face to face meeting.

Commandment V: Be Prepared with a List of Names before you Call

Not being prepared with a list of names will force you to devote much, if not all of your allocated prospecting time, to finding the names you need. If not properly prepared, you will have been busy, but will feel as though you worked hard but only accomplished a few or no calls.

If you have a list of leads, do not perform further research on the name or company. You are wasting time on a yet to be qualified lead. Research at this point could allow you to assume what the lead's needs are and your call will have a hidden agenda. You will close yourself to all the possibilities that could exist in that lead's world. Either not having a lead list, or doing pre-determining research, is simply a way of kidding your self.

Commandment VI: Work without Interruptions

We recommend that you not take calls and not entertain meetings during your prospecting time. Take full advantage of the prospecting opportunities and the prospecting learning curve. As with any repetitive discipline, the more often you repeat the discipline during a contiguous block of time, the better you become. Each call you make, the better you become and at some point, as in sports, they call this getting in the groove.

Commandment VII: Consider Prospecting during "Off Peak" Hours

Your competition traditionally does their cold calling between 9:00 AM and 4:00 PM. The gatekeeper is in place and doing their job. Some of your best prospecting work will happen between 7:00 AM and 9:00 AM, 12:00 PM - 1:00 PM and between 4:30 PM - 6:00 PM.

Commandment VIII: Vary your Call Times

We are all creatures of habit. So are your prospects. In all likelihood, they are attending the same meeting every Tuesday at 8:30 AM. If you cannot get through at this time, learn from your lack of success and call this particular prospect at other times during the day or on another day. You'll be amazed at the results.

Commandment IX: Be Organized

If you got it use it. I am speaking of your contact management software program. Your contact management program allows you to record a follow up call for tomorrow, next month, next year and even three years out. Log in call efforts, results of conversation and next step, and you will experience a dramatic positive change in your sales life and results.

Commandment X: If You Feel It, Say It!

When a prospect, on the phone, asks you to send them literature, 80-90% of the time they are getting rid of you in a polite way. What would happen if you said, "Many times when someone asks me to send them literature, it is simply a nice way of saying "no" and getting me off the phone. That is not happening now, is it?" If they say, "yes it is,' they disqualified themselves and you are off to the next call. Think of the time and money that was just saved, as well as, avoiding the frustration you experience when you leave voice mail message after voice mail message following up on their "so called" review of your literature.

Commandment Xl: Don't Stop

Persistence is one of the key virtues in selling success.

Commandment XII: Never ever do Anything for a Prospect without Knowing what will Happen as a Result!

 

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About Sales Focus Inc.

Sales Focus Inc. is a consulting, training and outsourcing company that focuses strictly on sales. We help our clients during these difficult times to take business away from the competition. In down economic times, focused companies will not only survive, but also thrive! We offer cost containment and profit enhancement solutions. Profit enhancement is a different mindset than cost cutting. Cost cutting means doing less of something; profit enhancement implies doing more of something that will boost the bottom line. We represent the concept of focused profit enhancement solutions.

Sales Focus is driven towards a single goal: "Generating Immediate Revenue for our Clients!" Whether it's implementing our S.O.L.D. Methodology, Developing Specialized Training Programs or Launching an Outsourced Sales Force, we remain focused on the goal of TACTICALLY GENERATING RAPID REVENUE.

For more Information or to see if we are a good fit with your company, contact us directly, 866.840.8305 or 410.442.5600, send us an email at info@SalesFocusInc.com or visit our web site: www.SalesFocusInc.com. Request a free white paper while calling us or visiting our website.

Sales Focus Inc.
3210 Florence Road, Suite B
Woodbine, Maryland 21797
P. 410.442.5600
F. 410.442.5102
Toll Free: 866.840.8305
URL: www.SalesFocusInc.com

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