Thursday, October 29, 2009

Secret to Attaining the Confidence of Champions


Confidence. It's one of those key ingredients that needs to be present in our formula for success. If you look at anyone at the top - in business, in politics, in entertainment, in sports, one common denominator each one of these leaders possess is an unshakeable degree of confidence in themselves, in their abilities and in their beliefs.

Confidence makes up much of the fuel that drives us, the over-achievers, the dreamers, the visionaries, the driven, the passionate and those who simply want to be the best at what they do; the entrepreneur who's looking to build a successful business, the manager who wants to empower his team and make them winners, the salesperson who's looking to post large monthly sales numbers, the sole practitioner seeking to build a sustainable practice or the up and comer starting a new career and is looking to make their mark in order to ascend through the ranks within their company.

The challenge for maintaining an infallible, unshakable high degree of confidence is that for most people, it seems to be conditional. Rather than being absolute, most people's level of confidence changes based on their situation and experiences. Sometimes it's at an all time high. Yet, other times their level of confidence is shaken or challenged based on an encounter they had, a mistake that was made, a failure, or an inability to produce a desired result.

The myth surrounding confidence is this: The overall sense of confidence you have about yourself is based upon your experiences and what you produce. As such it will continue to eternally vacillate, as most people allow their internal condition to be dictated by their external situation.

Friday, October 23, 2009

Don't Let Rejection Get You Down!!!


The life of a salesperson is filled with rejection. We typically hear far more nos than we do yeses. Actually, we probably hear “no” every single day of our selling careers. Moreover, it isn’t just from prospects that we hear “no.” We hear it from our companies, our suppliers, our sales manager, and almost everyone else we deal with. Our lives are filled with the word “no.” Nevertheless, in order to get to our yeses we must hear the nos.
How we handle the “no” is one of the keys to succeeding in sales. It seems that there are some people who can just slough off nos without a second thought. But for most of us, a “no” is a personal rejection.
Depending on how you market, dealing with a “no” can be a direct, in-your-face rejection, or can be an anonymous trashing of our direct mail letter. However, all of us must, at some point in the selling process, deal with face-to-face rejection.
If you cold call, your rejection is immediate -- and if your cold calling is done on the phone, can appear to be very personal. When you call a complete stranger and they hang up on you or rudely tell you to get lost, the tendency is to take that as personal rejection. The salesperson that has sent out a thousand direct mail letters actually suffers the same rejection, but is protected by not knowing the recipient did not even look at it, but instead immediately threw it into the trash. In actuality, the rejection is the same -- the individual is rejecting your offer, not you. But one salesperson must hear in a loud, clear click his rejection, while the other never hears the soft drop of the letter into the trash.
Worse, once you get the opportunity to get in front of a prospect, the sos continue to come. You make your presentation. You get your no. You answer the prospect’s objections -- and you get your no. You drive home your close -- and you get your no. Repeatedly, at times, it seems that "no" is the only word people know.
Then, finally, you get a qualified yes. The prospect agrees to purchase if you can do a little something out of the ordinary. YES! Finally, someone who has his checkbook out and ready to go. All you need is a little help from your sales manager. And, then, it happens again. NO. Sometimes you feel that you not only have to fight prospects, but your sales manager also.
You managed to get your manager on board? Great. Now all you have to do is get the warehouse to agree to nudge a delivery in a little earlier than the calendar allows. And, again, no.
Do the nos ever stop? No.
Of course, there are the yeses -- and that is what keeps us going. Striving to get to the occasional yes. However, all of those nos can stop us dead in our tracks if we allow them. How we handle the nos is the key to how we get to the yeses.
Attitude is one of the great limiters of salespeople. People have a tendency to anticipate outcomes and many times that anticipation has an influence on the actual outcome. If you approach a task with a defeatist attitude, there is a good chance that you will fail. If you approach the same task with an attitude of success, there is a good chance you will succeed. Why? Several reasons, but two are of importance to our discussion.
First, if we assume we will fail, we will not give our best effort. Why should we? We already know the outcome before we even try to tackle the problem. After all, we are just wasting our time.
Secondly, out prospect can read our defeatism in our voice and body language. Moreover, if we do not believe in what we are saying, how in the world can we expect a prospect to believe it?
Consequently, in order to be successful, we must be able to take the rejection we experience and deal with it in a positive manner. We have to find a way to eliminate the residual negative feelings we have from the rejection that seems to be all around us.
Advice for handling rejection has generally centered on either understanding that each “no” gets us closer to “yes,” or understanding that, since the prospect does not know us as an individual, the rejection cannot be personal, but is rather a rejection of the offer we made.
Both of these are true statements. For many of us, neither gives us much relief.
So, if the traditional methods of dealing with rejection do not seem to work very well, what can we do to rearrange our attitudes? It seems we need to find a format that will give us the opportunity to offset the rejection with success. We need to institute a program that will allow our brains to regroup and experience the joy and positive reinforcement of getting the yeses that offset the nos.
How can we create a method to give our brains the positive yes’s it needs to readjust after receiving a chorus of nos?
One method that has been very successfully used by a number of salespeople is to set aside tasks during the day where they know for certain they will be successful. You have a contract to sign with a new client? Try to schedule it later in the day, after you have done your cold calling tour of duty for the day. End the day on the positive note of signing a contract. Have a couple of very strong referrals to call? Again, make the positive calls after you have made your cold calls. Save the best for last.
Some salespeople have found that reversing this schedule leads to more productive cold calling time. Having just come from signing a contract or having made two very successful calls to strong referrals gives them the positive mental attitude needed to sound strong and convincing on the phone when they make their cold calls.
Better yet, try to arrange your schedule where you have two or more positive tasks to perform each day and split them up so your brain is readjusted several times during the course of the day. The more regularly you can feed your brain positive experiences, the easier it is to deal with rejection. Rejection becomes the exception, rather than the norm.
Other salespeople use bribery to handle their rejection. Bribery comes in all forms and fashions. The salesperson will assign themselves a certain number of phone calls or presentations or other tasks that they must perform and then, as a reward, they allow themselves to do something they desire to do -- work on their sales files, go to lunch, work on marketing materials, or some such. Others reward themselves with new cloths or some other object. Others will allow themselves to go home early or take a day off at some point in the future.
Other salespeople have found that detaching themselves from the rejection allows them to ignore their rejection. These salespeople will use a number of impersonal prospecting methods, such as direct mail, e-mail blasts, and advertising. By not experiencing the rejection first-hand, they believe they can be more positive and successful when dealing directly with a prospect when making a full presentation.
My experience has been that methods two and three have serious drawbacks. Let us take each in turn:
Bribing yourself can become expensive -- both in terms of the rewards you give yourself, whether buying something for yourself or allowing yourself time off. In addition, it really does not reprogram your brain. All it really does is encourage you to get through the task as quickly as possible to get your reward. If the reward discourages quality work during the task, it really is not a reward for doing the task, but is rather a reward for putting on the show of doing the task.
The second method -- using an impersonal prospecting tool to replace direct prospect contact can also be dangerous. There certainly is not anything intrinsically wrong with marketing via direct mail, advertising, emails, and such -- as long as the object is not to avoid prospect contact. Besides being relatively expensive, these methods of prospecting should be a supplement to your direct prospect contact, not a substitute. Unfortunately, if your objective becomes avoiding prospect contact to insulate yourself from direct prospecting and rejection, the task of sending out direct mail pieces, sending emails, constructing ads, etc. become the goals in and of themselves. They no longer become a format for increasing your potential pool of prospects, but rather they become the reason for your existence -- you live to create the perfect direct mail piece that generates interest and sells your product or service without your involvement at all.
Arranging your schedule to allow daily activities that reinforce your positive selling activities, including prospecting tends to be the most successful way to deal with rejection. Certainly, if you happen to be one of the lucky few who can simply ignore the rejection you receive, I envy you. Nevertheless, for the vast majority of us in sales, we must find a format that allows us to reformat our brains after experiencing sustained rejection. Allowing our brains to experience success on a regular basis, particularly after having experienced rejection, seems to be the attitude adjustment mechanism that works best for the majority of us. Try arranging your schedule to purposely take advantage of the successes you know you will experience everyday. Place them in your schedule when you know your attitude will need their positive influence and you will see a marked difference in the way you handle rejection.

Wednesday, October 21, 2009

Dreams.... A Lovely Story


The first day of school a professor introduced himself and challenged his students to get to know someone they didn't already know. Jack stood up to look around when a gentle hand touched his shoulder. He turned around to find a wrinkled, little old lady beaming up at me with a smile that lit up her entire being. She said, "Hi handsome. My name is Rose. I'm eighty-seven years old. Can I give you a hug?"

Jack laughed and enthusiastically responded, "Of course you may!" and she gave him a giant squeeze. "Why are you in college at such a young, innocent age?" Jack asked. She jokingly replied, "I'm here to meet a rich husband, get married, have a couple of children, and then retire and travel." "No seriously," jack asked. He was curious what may have motivated her to be taking on this challenge at her age." I always dreamed of having a college education and now I'm getting one!" she told him.

After class they walked to the student canteen and shared a chocolate milkshake. They became instant friends. Every day for the next three months they would leave class together and talk nonstop. Jack was always mesmerized, listening to this "time machine" as she shared her wisdom and experience with him. Over the course of the year, Rose became a campus icon and she easily made friends wherever she went.

She loved to dress up and she reveled in the attention bestowed upon her from the other students. She was living it up. At the end of the semester, Jack and his friends invited Rose to speak at their football banquet. No one can ever forget what she taught those kids.

She was introduced and stepped up to the podium. As she began to deliver her prepared speech, she dropped her pages on the floor. Frustrated and a little embarrassed she leaned into the mic and simply said, "I'm sorry I'm so jittery. I gave up beer for Lent and this whiskey is killing me! I'll never get my speech back in order so let me just tell you what I know."

As the boys laughed she cleared her throat and began:

"We do not stop playing because we are old; we grow old because we stop playing.
There are only four secrets to staying young, being happy and achieving success."

* You have to and find humor everyday.

* You've got to have a dream. When you lose your dreams, you die. We have so many people walking around who are dead and don't even know it!

* There is a huge difference between growing older and growing up. If you are nineteen years old, lie in bed for one full year, and don't do one productive thing, you will turn twenty years old. If I am eighty-seven years old and stay in bed for a year and never do anything I will turn eighty-eight. Anybody can grow older. That doesn't take any talent or ability. The idea is to grow up by always finding the opportunity in change.

* Have no regrets. The elderly usually don't have regrets for what we did, but rather for things, we did not do. The only people who fear death are those with regrets.

At the year's end, Rose finished the college degree she had begun all those years ago.

One week after graduation Rose died peacefully in her sleep. Over two thousand college students attended her funeral in tribute to the wonderful woman who taught by example that it's never too late to be all you can possibly be.

"Remember, growing older is mandatory, growing up is optional."

Tuesday, October 20, 2009

Believe in YOU - Antonio Munoz


Antonio Munoz is a successful actor, but his life didn't start out that way. He was kind enough to share his story to help others. When he was asked, why he sent it in he replied graciously, " I hope maybe it might help others to do better in life." I think we can all learn about passion and determination thanks to Antonio.

Remember, obstacles are only obstacles if you let them be obstacles.

Antonio Munoz was born and raised in Guatemala City. He started racing motor-cross when he was only eleven years old. During the third year of racing, he suffered a major accident, leaving him with major facial fractures and the loss of taste and smell.

Never resigned to be the victim of any circumstance, he continued racing after the accident, which he did professionally for twenty years and held the National Champion title not once but three times.

He has since been driven to appreciate the tastes and textures in all aspects of life and the human condition. After another unfortunate accident, he was forced to put his love for motor cross racing on the back burner, while he moved onto go-kart racing (125 shifters) where he excelled, achieving the "rookie-of-the-year" title during his first year.

In July 2000, he arrived in the US and soon started living the American Dream on the receiving end of a very lucrative BMW sales position, achieving a top sales' record in the company soon after he arrived.

A strong believer in living and relentlessly following one's passion, Antonio walked away from the American financial dream to pursue his real passion for acting, despite the strong resistance and skepticism manifested by colleagues and people who insisted he had to be crazy to chase after something he had no chances of succeeding at.

As a testament to his tenacity and self-belief, Antonio had his first break only six months after he started his acting pursuits. Desmond Gumbs, a director on Straight Out (2003), (his first movie) took a great risk on Antonio's raw talent and cast him in a major plot-driver role. His desire for intense competition and speed quickly translated into an unstoppable and unconditional commitment to his work as an actor and to collaborating with other artists.

Soon after he signed with the biggest talent agency in San Francisco and again, always challenging his comfort zones, Antonio moved to Los Angeles in search of greater and more diverse work opportunities. Since then he has worked on the top-rated shows "Nip/Tuck" (2003), "24" (2001) with Kiefer Sutherland, The King of Queens, "Dragnet" (2003), "Karen Sisco" (2003), the miniseries "Kingpin" (2003) TNT's "Wanted" (2005), as well as in the feature films London (2005), Straight Out (2003), The Rundown (2003) and Spanglish (2004) with Adam Sandler.

Additionally, he has been seen in television and editorial commercials (Bank Of America, Ernest & Julio Gallo Wines and 21st Century Insurance) as well as industrials for The Discovery Channel.

"This is what I've achieved since I came to US 5 years ago. People called me "Crazy & Stupid" for quitting my job and trying Acting. This was because I was making a six-figure salary at that time at my work. But I didn't listen to any one, I listen to my Heart and I believe in Me."

"So if I was able to do so in the acting since start, and I didn't even speak English when I came to US five years ago, I believe anybody can make any Dream come True or Goal in His or Her life, right?"

"So follow your Heart and your Dreams always, because we only have one Life to Live, and never let other one's Choose for you."

--- Antonio Munoz

Can you sell a dead donkey?


A city boy, Kenny, moved to the country and bought a donkey from an old farmer for $100.00. The farmer agreed to deliver the donkey the next day.
The next day the farmer drove up and said, "Sorry son, but I have some bad news, the donkey died last night."

Kenny replied: "Well then, just give me my money back."

The farmer said: "Can't do that. I went and spent it already."

Kenny said: "OK then, just unload the donkey.."

The farmer asked: "What ya gonna do with him?"
Kenny: "I'm going to raffle him off." (Note: To raffle is to sell a thing by lottery - draw lot - to a group of people each paying the same amount for a ticket)

Farmer: "You can't raffle off a dead donkey!"

Kenny: "Sure I can. Watch me. I just won't tell anybody he's dead."

A month later the farmer met up with Kenny and asked, "What happened with that dead donkey?" Kenny: "I raffled him off. I sold 500 tickets at two dollars apiece and made a profit of $898.00."

Farmer: "Didn't anyone complain?"
Kenny: "Just the guy who won. So I gave him back his two dollars."

Kenny grew up and eventually became the chairman of Enron.

Happy Selling
Regards
NM!!!

Sunday, October 18, 2009

Maketing--- Types of Marketing


hey, this is an old one.
quite hilarious but very true...
take a look

A Professor at IIM A was explaining marketing concepts:

You see a gorgeous girl at a party.
You go up to her and say, "I am very rich.Marry me!"
That's Direct Marketing.

You're at a party with a bunch of friends and see a
gorgeous girl.
One of your friends goes up to her and pointing at
you says, "He's very rich.Marry him."
That's Advertising.

You see a gorgeous girl at a party.
You go up to her and get her telephone number. The next day you call
and say "Hi,I'm very rich.Marry me."
That's Telemarketing.

You're at a party and see a gorgeous girl. You get up and straighten
your
tie, you walk up to her and pour her a drink. You open the door for
her, pick up her bag after she drops it, offer her a ride, and then say,
"By the way, I'm very rich. Will you marry me?"
That's Public Relations.

You're at a party and see a gorgeous girl. She walks up to you and
says,"You are very rich..
" That's Brand Recognition.

You see a gorgeous girl at a party. You go up to her and say, "I'm
rich.Marry me" She gives you a nice hard slap on your face.
That's Customer Feedback !!!!!

You see a gorgeous girl at a party. You go up to her and say, "I'm
very rich.Marry me!" And she introduces you to her husband
That's demand and supply gap.

You see a gorgeous girl at a party. You go up to her and before you
say, "I'm very rich.Marry me!" she turns her face towards you ------------
she is your wife !
That's competition eating into your market share.

Tuesday, October 13, 2009

WHAT IS THE MAXIMUM SALES CLOSING RATIO?




There isn't a standard maximum possible number of prospects who can be sold out of those who are personally contacted. The maximum number or "sales closing ratio" is limitless, even above 100 percent!

We have heard it before. In strategic marketing, in sales, or in customer service, people will say at some point, "This is the best we can do!" I'm delighted if it's my competitors saying this! Because good strategic marketing and a positive attitude can win the day.

Increase the maximum sales closing ratio beyond one hundred percent through strategic marketing, product development and sales:
Attitude is the biggest factor in improving anything, especially sales. Improve that, and sales closing ratios will improve! There's not much to say here. This is a straightforward concept. But this is the most important issue of all. In the long run it may be the only issue in reaching very high closing ratios.

For the next step let's assume for a moment that a salesperson is really at the top of their game in one area. Is it worth trying to improve that last few percentage points? If a salesperson's time is super valuable then their extra effort might be better applied to an area with greater potential. Consider an organization's prospects, products and services, and support.

Prospects are a huge factor. Consider doing a better job of finding a greater number of better prospects and pre-qualifying them before dedicating valuable time resources. There are ways to pre-determine who's more likely to buy. Time value can be maximized by meeting only with the most valuable prospects. Less worthy prospects may be saved for when advertising responses are slow, or less worthy prospects could be traded.

Now let's consider product development. I've sold some products where I booked 98% of my prospects. I've sold some products where I struggled endlessly to get a meeting! Creating a competitive product or service is definitely a function of strategic marketing and product development!


Consider repeat business in the future from the same prospect. In this sense a sales closing ratio can higher than 100 percent! I'm not 'playing on words' here because I've seen organizations and sales people who pay less than adequate attention to this area. Such organizations truely have a closing ratio that's less than 100 percent. Further, this accomplishment isn't automatic. It must be a realization of successful strategic marketing and sales. It requires a shift in thinking where customers are treated more like prospects.

Talk about pre-qualified prospects, who's a better and more pre-qualified prospect than a current customer? Selling more than 100 percent requires that an organization provide its prospects with excellent follow-up and service after the sale, excellent communication, suitable products and services for future purchase, and to deliver as promised -- more than promised.

Regards
NM!!!

Sunday, October 11, 2009

Soldiers Digging A trench - Leadership Story


The story goes that sometime, close to a battlefield over 200 years ago, a man in civilian clothes rode past a small group of exhausted battle-weary soldiers digging an obviously important defensive position. The section leader, making no effort to help, was shouting orders, threatening punishment if the work was not completed within the hour.

"Why are you are not helping?" asked the stranger on horseback.

"I am in charge. The men do as I tell them," said the section leader, adding, "Help them yourself if you feel strongly about it."

To the section leader's surprise the stranger dismounted and helped the men until the job was finished.

Before leaving the stranger congratulated the men for their work, and approached the puzzled section leader.

"You should notify top command next time your rank prevents you from supporting your men - and I will provide a more permanent solution," said the stranger.

Up close, the section leader now recognized General Washington, and also the lesson he'd just been taught.

(This story is allegedly based on truth. Whatever, similar examples are found in history, and arise in modern times too, so please forgive the mythical possibility of the above attribution; the story's message is more important than its historical accuracy.)

Thursday, October 8, 2009

Top 10 Ways to Attain Success


Success is what we all strive. We work hard, overcome hurdles, set-up goals for ourselves, only to be successful in life. We aim to be on the top of the world. Not easy but not impossible either. Where there is a will, there is a way as the saying goes. It is an arduous journey, an uphill task, a road full of thorns and not a bed of roses. If you continue to bear the pricks and persevere, then you will be victorious in the end.
How to be successful?

The urge to be successful is very strong in us. What does it comprise of:

1. Determination - We should be sure that we want to achieve a particular thing and not give it up half way through. Determination means we are steadfast in our resolutions.
Eliane Maxwell:My will shall shape the future. Whether I fail or succeed shall be no man’s doing but my own. I am the force; I can clear any obstacle before me or I can be lost in the maze. My choice; my responsibility; win or lose, only I hold the key to my destiny.

2. Will Power - We need the necessary will power to weather the hardships that come along the way. We also should not give into temptations that prevent us from reaching our goals.
Abraham Lincoln:Always bear in mind that your own resolution to succeed is more important than any other one thing.

3. Competitive Spirit - One should not fear competition. Healthy competition brings out the best in you.
Arie de Gues: Your ability to learn faster than your competition is your only sustainable competitive advantage. The more the competition, the more you will excel. You would like to put in your best.

4. Constancy to Purpose - One should be clear about one’s goals and continue to pursue them against all odds. Do not give up. The purpose for struggle should remain foremost in your mind.
Benjamin Disraeli says: The secret of success is constancy to purpose.

5. Respect intelligence - Do not let your ego take an upper hand in matters of work and even in your personal dealings. In order to be a success among your colleagues, you must be able to appreciate their individual intelligence. No point in running them down, because you feel inadequate. Your colleagues will appreciate you when you accept them also

6. To find the best in others - One should appreciate talent in others. Condemning a person, finding faults cannot make you successful in your career. On the other hand if you try to bring out the best in a person, you will be better appreciated. For example, if you happen to be a team leader, you should encourage other members of the group, and not just harp on their negative points


7. Face challenges - Do not give up work half way through if you feel unhappy about the results. Continue to persevere. Success could be at your doorstep and you need to continue putting in your efforts. Hardships may have to be overcome. Success cannot be attained overnight.
Frank Lloyd Wright: I know the price of success: dedication, hard work, and an unremitting devotion to the things you want to see happen.

8. Pursue your respective line vigorously. We need to acquire the necessary skills and qualifications. We need to be very adept in what we are doing. We should learn all aspects of the work.
Frank Lloyd Wright: The thing always happens that you really believe in; and the belief in a thing makes it happen.

9. Full concentration is required in what we are doing. We should apply our mind to our work and not get distracted by other things. When we concentrate well, we perform well.

10. One must do exceptional work in order to be successful. Merely performing one’s duty is not sufficient. Just performing the assigned tasks is not sufficient to rise in the hierarchy. One must contribute more than what is required. Performing something, which is not expected of you can make the boss appreciate you a lot. It could mean a promotion and a pay hike.
Jonas Salk: The reward for work well done is the opportunity to do more.

As it is often said
Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successfull. - Albert Schweitzer

All the Best
Regards
NM!!!

Monday, October 5, 2009

The Real Pepsi Challenge: The Inspirational Story of Breaking the Color Barrier in American Business


The Inspirational Story of Breaking the Color Barrier in American Business By Stephanie Capparell Wall Street Journal Books/Free Press, January 2007

Getting black folks to drink soda water was the easy part. Proving that African American executives could succeed as executives in big business was another matter.

In 1947, Pepsi's president, WAter Mack, courageously hired Urban League official Ed Boyd, to start a Negro market group. The salesmen--never more than a dozen--were natty, well-spoken ambassadors who blanketed the country and endured all of Jim Crow's affronts to visit white bottlers as well as black colleges, grocery stores and Elks' Lodges.

The Real Pepsi Challenge departs from the larger corpus of black business books in that it doesn't deal with entrepreneurs such as Bob Johnson in The Billion Dollar BET: Robert Johnson and the Inside Story of Black Entertainment Television (Wiley Books, 2004).

This story has a concomitant quality with another major crusade of the mid-20th century. Rosa Parks was not the first black citizen to challenge segregated public accommodations, just as the Pepsi salesmen were not the first African Americans to quietly storm the corporate bastion. Yet Parks tipped the modern Civil Rights Movement merely by refusing to relinquish a bus seat. In similar fashion, Corporate America finally accepted black executives in an effort to sell a product as unremarkable as sugared water. Some who sold it, however, changed business history. Indeed, last year, PepsiCo Inc. named a woman of color born in India as its chief executive.

Sunday, October 4, 2009

Closing the Sale...


Getting a client to say, "Yes" can be one of the most difficult things to do, or it can be as easy as merely asking for the order. If you have taken the necessary steps and completed the groundwork, then you may find fertile fields for sales growth await you.

"Nothing happens until someone sells something!" This is so true! You can be the best manufacturer with the highest quality products, but if you can't sell your products, then you won't get to make very many.

Let's look at some things you can do to help close the sale and get the client to say, "Yes."

* The first thing you must do is listen very carefully and ask open-ended questions so you can help your clients identify their needs. You are now prepared to show them that what you are selling will meet those needs.


* As you are asking questions, listen for signs that they are ready to buy. Some examples might include, "How long would it take to get one?" "Is this the latest model?" or "What terms will you give me?"


* Never answer questions with a simple "Yes" or "No." Be prepared to ask questions of your own. For example, the question about delivery could be answered with, "When do you need it?" You could answer the question about the latest model with something like, "Would you like the latest model or would you be interested in something else if we could save you some money?" If you choose your return questions carefully, they can help lead to closing a sale.


* Sometimes it is helpful to set a deadline to get a person to make a buying decision. If you are planning a price increase, encourage your customer to place the order by a certain date to take advantage of the reduced cost. This sends a message that you are working with them to get a good deal—a message they will appreciate.


* Set yourself apart from other salespeople by becoming your customer's new best friend. Constantly look for ways to serve your customers better. Try to be a resource for the latest information, and be ready to help them do a better job. Rather than being known as only a salesperson, share your knowledge and become known as a resource. This will create added value to your customers.


* Be accessible. If they can't find you when they need you, they will look for someone else.


* Be enthusiastic, and let it show! You can do this with your voice, facial expression or the way you move. A kind, genuine smile is an invaluable asset for a salesperson. People want to do business with those who are upbeat and positive. If you enjoy what you are doing, it will show!


* When closing your sale, avoid options of "Yes" or "No". or questions like, " Did you like the product i am offering?" or "Would You like to go in for this product?"- the Chances of the prospect saying "NO" are higher. Always consider offering alternatives. People like to have choices. Examples- What Did you like in the product i am offering, the quality or the value add?" or You can use this to your advantage by saying, "Which of these choices would you like—A or B?" With this close, you are likely to make a sale of one kind or another. Even if you are selling a single product, you can still offer choices of color, delivery or terms, for instance.


* One final technique is the authorization close. When you have finished your sales pitch, ask if the customer has any additional questions. If he has none, make a check mark on the sales contract where the client needs to sign. Pass the document over to him and say something like, "If you will just authorize this, we can get started right away." The word "authorize" is less threatening than the word sign, so customers are more likely to sign when asked.

If you are prepared for it, closing a sale can be a natural part of your conversation with customers. Work to refine it so that it grows easily out of your discussion. Establish a relationship with your clients. Believe in what you are selling, and implement some of these techniques. Then watch your sales grow!


All The Best
Regards
NM!!!

Closing...Having the Winning Edge


No, we're not going to talk about those stale, worn-out closes that every salesman and his dog have used for ages. Those hackneyed closes insult the intelligence of your prospect. What I'm about to show you is radically different -- so brace yourself for an explosive nitro boost to your sales earnings.

Let me ask you a question:

FACT: In a typical sales encounter, 80% of prospects will say, "No" to your sales offer. During tough economic times, this can be as high as 90% or even 95%. (I'll bet you already know this from experience, don't you?)

Q. Have you ever come across those rare Marketing people who sell phenomenally well even during the worst economic times - even while doing business in highly competitive markets - and even when the price of their product is well above their competitors' prices?

Those super salespeople sell like crazy - may come hail or storm -- and there's no such thing as a "blank day" -- or a blank week or month for them. And what's more - they make it look easy. You know why? Because it is easy - if you know how.


Here's a story that will make the concept crystal clear for you:
How a Corning Glass Salesman Sold Every One of His Prospects

Here's an awesome strategy developed by a salesman at Corning Glass on the year that Corning Glass came out with safety glass.

This salesman went throughout the country and before long, he became the top-selling salesman of safety glass for Corning Glass in North America. At the national sales convention, he was given a big prize and an award. And they said to him, "Please tell us your secret. How is it that you sold so much more than everyone else?"

He said it was simple.

"First of all, I got some pieces of safety glass cut into 6" X 6" pieces as samples. Then, I got a ballpeen hammer. And then I walked in on the prospect and say, 'Would you like to see a piece of glass that doesn't shatter?' When the prospect says, 'I don't believe it,' I put the glass on the counter and I go whack it -- watch him protect his eyes -- and afterwards he'd say, 'Oh my God, that's incredible!'

"Then I'd say, 'How much of it would you like?' And I'd pull out my order pad and start writing the order."

Corning Glass was so impressed with this tactic that they equipped all of their salespeople with ballpeen hammers and sheets of glass, sent them out -- and they all sold truckloads of glass.

Okay, so not all of us are lucky enough to have a product that's as demonstrably superior as the safety glass from Corning.

You're missing the point.

The point is this:

The top salesman at Corning never had to "close" the sale in the real sense of the word. The presentation was so solid that there was no need to close. The sale was a done deal even before the salesman set foot into the prospect's office.

Now, let me ask you: How would your life change if you could sell that way everyday -- where closing became just an afterthought that you no longer had to dread?

Here's something that you'll find interesting: The top salesman at Corning Glass did 16 times better than the average salesperson in the company NOT because he was 16 times a better salesperson than the average one. What he had was a tiny advantage -- a winning edge.

Marshall McLuhan, the famous Canadian educator in mass communications, once said:
"All you need is an idea that is 10% new to make a million dollars."

That's all an idea has to be -- 10% new. It doesn't have to be a major breakthrough.

You've probably heard of the Pareto Principle -- the 80/20 rule -- which says that 80% of all sales are made by 20% of the Marketing people.

When you make it to the top 20%, you'll be earning a very comfortable income. But when you make it to the top 20% of the top 20% of Marketing professionals, you will then be in the top 4% -- and officially be one of the highest paid people in the world.

There are only a few degrees of separation between your present income and one of the highest incomes on the planet. It all boils down to the winning edge.

Your winning edge is nothing more than a marginal improvement to the way Marketing is normally done. The key to success is to develop that edge -- because once you develop it there is no reason why you cannot move rapidly into that coveted top 4% slot.

Its all about developing that winning edge. Something that is with in us. Experience is the biggest teacher in the world. It teaches us what no book, info or teacher / trainer can teach.

So got out in the market with a big broad smile, with determination in your eyes and confidence in your actions to get your share of Experience to Develop the Winning Edge.

Saturday, October 3, 2009

Inspiration...



Until one is committed
There is hesitancy, the chance to draw back,
Always ineffectiveness.
Concerning all acts of initiative (and creation),
There is one elementary truth,
The ignorance of which kills countless ideas
And splendid plans: That the moment one definitely commits oneself,
Then Providence moves too.
All sorts of things occur to help one
That would never otherwise have occurred.
A whole stream of events issues from the decision
Raising in one's favor all manner
Of unforeseen incidents and meetings
And material assistance,
Which no man could have dreamt
Would have come his way.
I have learned a deep respect for one of Goethe's couplets:
"Whatever you can do, or dream you can, begin it.
Boldness has genius, power, and magic in it."
-- W.H. Murray, from The Scottish Himalayan Expedition

Friday, October 2, 2009

Customer Nurturing / Preserving



Recreation is one of the most important things needed for human beings. But it’s best when u learn things at the same time. When we’re up to our necks in building a business, it’s difficult to recognize opportunities to further engage with your customers. Getting away allows YOU to be the customer and the service you receive might provide insight to what your customers may be experiencing. Unfortunately, I got an opportunity to be a customer and experience the same.
After few years away, my family and I decided to return to a resort in Panchgani we had been to several times before. In the past, our repeat trips felt like being at home – we were greeted by name, found special gift baskets in our room, were invited to special events for returning guests, and offered further discounts for returning – but this trip we received none of that treatment, despite stating it was a return trip when we made the reservation and when we checked-in. I didn’t think much of it until I spoke to other return guests around the pool – they had all received the “same” treatment.
Feeling a little hurt, I inquired with the hotel manager about the oversight – “We’re sorry sir, we just overlooked it,” she said. Isn’t it in your computer system and the orders automatically generated? “No sir, we keep track of it on paper and the manager on duty is required to make the appropriate phone calls to set-up all the arrangements.” I was shocked, to be honest. To make matters worse, nothing was done to rectify the error. Just, “Sorry”. We will NOT be going back to that resort.

So, what does this have to do with Marketing ? Many businesses take the approach that the marketing system is only for getting leads and pulling in business and prospects. Once they become customers, the responsibility for nurturing the customer belongs to someone else, usually a person. However, the same systems that are used to nurture leads can be used for customer nurturing as well. You can have follow-up e-mails, set reminders for phone calls, track customer activity and tie that into your cross-sell/up-sell programs. Most importantly, customers are your best advertisers. If you respect them, give them adequate service… they will give u the best business which even you or your best sales guy cant fetch.
Don’t forget to nurture your current customers as you did when they were prospects. They (and you) will be glad you did.

Most marketers make a mistake by selling or promoting a product…. Your customer doesn’t have to buy only the product… he has to buy your good will too which in turn will help your work grow in the long run. The sign of a Great Marketer is that his customers never forget him.

Hope this will Help….
All the Best
Regards
NM!!!

How to Get Re-Motivated...


We all have times when our motivation is lacking. The tragic events of 26/11 have caused us to experience many emotions. In addition to the feelings of fear, anger and confusion, we also may be less confident and have less direction and focus than before.
We must not forget and we must mourn the loss, but it's our patriotic duty as citizens of the free world to get on with our lives--to not let the terrorists succeed by sidetracking our economy and negatively influencing our way of life.
So how DO we get motivated again?
Perhaps it would be helpful to take a close look at motivation itself--what it is, what it's not and how we can increase our personal motivation.
I do motivational speaking, but I've always had some resistance to being called a motivational speaker. I don't even think it's possible to motivate someone other than ourselves. Certainly we can present information, help others to look at things in different ways, remind them of what's important to them, tell inspiring stories and help to increase their belief.
All of these things help. But the truth is we can only motivate ourselves. We might get pumped up by an inspiring speaker, a thought-provoking book or a motivational tape. But in order to have sustained motivation--the kind that will enable us to move past the inevitable roadblocks or challenges--we must dig deeper.
We must have motivation FROM THE INSIDE OUT. It can't be pasted on the surface. It must live powerfully and deeply within us.
We're either motivated to move toward something we want or away from something we don't want. One might think they're motivated by something higher or better than these two options, but if you examine your objectives carefully, you'll find that they will fit into one or the other.
The REASON we want to achieve something is far more important than the HOW to accomplish it. I often see people getting bogged down in the mechanics of reaching a goal (the HOW) instead of getting clear and committed to the why.
If my child is on the other side of a door in a burning building, I don't need to read a motivational book in order to psyche myself up to get through the door. The DESIRE to save my child provides the motivation to do WHATEVER I must do in order to achieve my purpose.
Assuming we're clear on what we want--and this can easily be an erroneous assumption--it is our desire and commitment more than any other one thing that determines our success.
Not long ago, a friend of mine shared with me that he always gets his business and personal income taxes done by the end of January. Not one to do so myself, I asked him how he did that. He said that the satisfaction of having this done and out of the way was stronger than any sense of dread he had about doing the myriad tasks needed to get the job done.
His focus was on what he wanted where mine had usually been on the distastefulness of the job. By focusing on the prize-- what we want and WHY we want it, we increase our determination and motivation to achieve our intended outcome.
The root of the word motivation is motive and means "An emotion, desire, physiological need, or similar impulse that acts as an incitement to action." I interpret this as the REASON for doing something. Motivation also denotes motion, action, doing something based upon a strong reason.
When I find myself less than enthusiastic about working toward an objective, I find it helpful to refocus on what I want and especially WHY I want it. In doing so, I regenerate the drive and dedication to make it happen and I place myself in a position to enjoy the journey.
The motivation that comes from inside not only lasts longer it produces a greater resolve and creates a passion that is not only powerful but infectious as well.
I encourage you to revisit your values, your mission and dreams. Remind yourself of why you have chosen to achieve your goals--why you are doing what you're doing. Only we can motivate ourselves to action. Only we can accomplish our dreams. Let's do it.

All The Best!!
regards
NM

Thursday, October 1, 2009

Struggle a Little - Then Fly!



A man found a cocoon of a butterfly, that he brought home.

One day a small opening appeared he sat and watched the butterfly for several hours. It struggled to force its body through that little hole. Then it seemed to stop making any progress. It appeared as if it had gotten as far as it could and it could go no farther.

So the man decided to help the butterfly. He took a pair of scissors and snipped off the remaining bit of the cocoon. The butterfly then emerged easily, but, it had a swollen body and small, shriveled wings. He continued to watch the butterfly, he expected that, at any moment, the wings would enlarge and the body would contract. Neither happened!

In fact, the butterfly spent the rest of its life crawling around with a swollen body and shriveled wings. It was never able to fly.

The man acted with well-intentioned kindness but he didn't understand the consequences. The restricting cocoon and the struggle required to get through the tiny opening, were nature's way of forcing fluid from the body of the butterfly once it achieved its freedom from the cocoon.

Sometimes struggles are exactly what we need in our life. If we were to go through life without any obstacles, it would cripple us. We would not be as strong as we could have been and we could never fly.

So the next time you are faced with an obstacle,
a challenge, or a problem, remember the butterfly.
Struggle a little - then fly!

The Echo of Life



A son and his father were walking on the mountains.
Suddenly, the son falls, hurts himself and screams:
"AAAhhhhhhhhhhh!!!"
To his surprise, he hears the voice repeating,
somewhere in the mountain: "AAAhhhhhhhhhhh!!!"
Curious, he yells: "Who are you?"
He receives the answer: "Who are you?"
Angered at the response, he screams: "Coward!"
He receives the answer: "Coward!"
He looks to his father and asks: "What's going on?"
The father smiles and says: "My son, pay attention."
And then he screams to the mountain: "I admire you!"
The voice answers: "I admire you!"
Again the man screams: "You are a champion!"
The voice answers: "You are a champion!"
The boy is surprised, but does not understand.
Then the father explains: "People call this ECHO,
but really this is LIFE.
It gives you back everything you say or do.
Our life is simply a reflection of our actions.
If you want more love in the world, create more love in your heart.
If you want more competence in your team, improve your competence.
This relationship applies to everything, in all aspects of life;
Life will give you back everything you have given to it.
YOUR LIFE IS NOT A COINCIDENCE. IT'S A REFLECTION OF YOU!