Sales Marketing

eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
Business & Money
Technology
Women
Health
Education
Family
Travel
Cars
Entertainment
SD Editorials
Online Guide and article directory site.
Foodeditorials.com
Over 15,000 recipes & editorials on food.
Lyricadvisor.com
Get 100,000 Lyric & Albums.
  • Business & Money
    • A Guide to Business
    • Guide to Finance
    • Ideas for Marketing
    • Legal Guide
    • Guide to Insurance
    • Lettre De Motivation
    • Guide to the Stock Market
    • Human Resource Career
    • Sales Marketing
    • Forex & Trading
    • Advertising & Marketing
    • Startup Guide
  • Technology
    • Guide to Technology
    • Cell Phones
    • Computer Software
    • IT Hardwares
    • Internet
    • Online Security
    • Cameras
    • Search Engine Optimization
    • Science & Technology
  • Women
    • Guide to Women
    • Relationship Advice
    • Marriage
    • Jewelry
    • Pregnancy
    • Fashion Style
    • Divorce Guide
    • Wedding Guide
    • Dating Guide
    • Natural Beauty
  • Health
    • Guide to Health
    • Guide to Medical
    • Plastic Surgery
    • Weight Loss
    • Sports
    • Body Wellness
    • Cancer Treatment
    • Common Illness
    • Health & Lifestyle
  • Education
    • Military Service
    • Politics and Policy
    • Arts & Humanities
    • Education and Teaching
    • Learn Languages
    • Colleges & Universities
  • Family
    • Quality Home Improvement
    • Hobbies and Interests
    • Family Guide to
    • Pet Guide
    • Loans Guide
    • Credit Cards
    • Gardening Guide
    • Home Security
    • Real Estate
    • Home Decor
    • Gift & Present
  • Travel
    • The Travel Guide
    • Adventure Travel
    • Cruise Ships
    • Beach Holiday
    • Travel Accommodation
    • Holiday Destinations
  • Cars
    • Information on Cars
    • Traffic Violations
    • Auto Insurance
    • Trailers
    • Sport Cars
    • The Bikes
  • Entertainment
    • Entertainment Guide
    • World Music
    • Photo & Video
    • Television & Games

Cost Of Sales Accounting

    View: 
Sales is a process, and having said that, there are certain steps that must be followed in order for the process to end with the ultimate outcome, a sale. If any of these steps are skipped or not done properly, you may very well waste your time and in the process, damage your confidence and self esteem.



Many sales people skip or hurry through certain steps, and then search for techniques to help them close the sale and make up for them taking short cuts in the sales process.

There are no short cuts to success in sales. If you follow the sales process and thoroughly cover all the steps, you will be amazed at the success you will have.

Failure to build rapport with the prospect is the first mistake most sales people make.

I'm sure you will agree, when it comes to the most important steps in the sales process, establishing a deep level of trust and rapport is one of the most important. Would you agree with that? Great!

As a matter of fact, I believe that connecting with your prospects is the most important step of all, because until they like you and trust you, they're not going to buy anything from you.

Think back on your own experiences when you have purchased something. Have you ever purchased anything from someone you didn't like or trust? I would bet the answer is NO!

You have probably gone out of your way to not buy something from someone you didn't like or trust. Isn't that true?

Can you remember a time when you actually walked out of a store and said to yourself, "I'll never buy anything from him, I don't like him", or "I don't trust her". Does that sound at all familiar? I bet it does.

An important thing to remember when building rapport with your prospect is to make a good first impression.

The old cliche, "you never get a second chance to make a good first impression" is very true, because a first impression can be nearly impossible to reverse or undo. A first impression is extremely important, because it sets the tone for your entire relationship with your prospect.

Here are some key points to remember to help you make a good first impression:

Be on time

Relax

Present yourself appropriately

Smile

Be positive

Be courteous and attentive

Then, once you've made a good first impression, the fastest way to establish a deep level of trust and rapport is by showing a genuine interest in the prospect and mirroring and matching your prospects words, voice and physiology.

The second common mistake many sales people make that costs them sales, is not qualifying a prospect properly to find the emotional reasons why they need your product or service.

When it comes to qualifying a prospect it's important to understand the reasons why people do things, and ultimately, why they will or will not buy your product or service. You see, people will buy your product or service to satisfy one of two main needs. Some times they will even buy to satisfy both needs.

These two needs are:

1.The need to avoid pain, or a loss

2.The need to gain pleasure.

These are the two motivating factors in a person for doing anything in their life; to gain pleasure, or to avoid pain. You may have heard it stated this way, "The carrot or the stick". The carrot represents the edible reward, while the stick refers to a punishing switch.

Your goal in finding the answer to the prospects' problems is to find the pleasure they wish to gain or the pain they wish to avoid, and then show them how your product or service will help them avoid that pain, or gain the pleasure they seek.

Does that make sense?

Great! Let's move on.

People buy products or services based on emotional needs or wants, and then justify their purchase logically.

So, in the qualifying phase of the sales process you need to find what the desired results are your prospect is seeking. Then you must dig deep to find their internal emotional reasons for wanting what they are telling you they want.

When you connect with people and their emotional reasons for wanting what they desire, you have tremendous power to give them what they want, and have them feel great about buying your product or service.

The third mistake many sales people make that costs them sales is to present their product or service without building a deep level of trust and rapport and qualifying the prospect properly.

We have already determined a prospect will not buy from you unless they like you or trust you. So, why would any sales person present their product or service to someone who they haven't built a deep level of rapport with?

It's a waste of the prospects' and the sales persons time. The chances of the prospect buying from someone they don't like or trust are slim to none.

And how can you present your product or service as a solution to a prospects' problem if you haven't determined what their problem is; whether they have one at all, or whether your product or service is a solution to their problem?

Many sales people even skip the qualifying step all together, thinking they all ready know what their prospect wants and needs.

The steps of the sales process are there for a reason. They're a road map for the successful sales person to follow, to lead them to their destination. A win for themselves, and a win for their prospect.
Cost Of Sales Accounting
Your heart sinks as you hang up the phone after a phone call with a furious prospect; you forgot you'd made an appointment with her.

You pound your forehead in frustration as you realize, too late, what you should have told a customer that would have made the sale.

Have you ever thought, "If only I'd been born with a better memory, I'd be better at sales?" Unfortunately, no one is inherently talented at instant memory recall; scientists have been unable to prove that "photographic memory" even exists. Like almost anything related to sales, memory improvement is a learned skill that anyone can cultivate.

You can become a highly effective and well-respected sales person. Begin by learning how to prevent these sticky memory-related situations that you may already have experienced.

Memory Slip #1: Instantly forgetting a prospect's name.

You meet a prospect and shake his hand. He tells you his name, and no sooner does the handshake break than you have forgotten it. Socially, people find very few things more annoying than having their names forgotten or mispronounced, and in sales, what's annoying can become deeply offensive, enough so that you can lose sales.

When you immediately forget a prospect's name, two challenges arise. First, because you know that you have forgotten the name, you become totally preoccupied with trying to remember it, so it's difficult to pay attention to what the person is saying. Second, if the prospect perceives that you've forgotten his or her name, it sends a very negative message about you, as if you don't care about the person or as if you're not very smart. Typically, neither of these perceptions is true, but if you can't pay attention long enough to remember a name, you give that impression.

With a little practice, you'll find that this particular memory slip is the easiest to avoid. First, slow down and listen. Focus on the customer for five seconds at the beginning of the introduction and concentrate on his or her name. Next, repeat the person's name back to him or her in a conversational manner. When someone says, "My name is Bob," respond with, "Bob. Nice to meet you, Bob."

Memory Slip #2: Forgetting the name of an established client.

If you're a real estate agent, for example, you may run into someone at a meeting that you sold a house to or for, or if you're a car dealer, you may go blank as you see a previous customer showing up unexpectedly on the lot. Most often, this slip occurs when you meet the client outside the context of your profession: You know that you know the person, but you don't know how. You may even remember the details of the sales transaction, but you can't for the life of you remember the person's name.

This phenomenon is not only frustrating and embarrassing; it can also cost you a lot of money. Learning to avoid such a situation takes a commitment to work on improving your memory. You can improve your chances of remembering a forgotten client's name by learning to manage your stress. When you know that you know something, but you can't pull it up in your mind, it's usually because you are stressing yourself out about it. The stress blocks your brain's ability to retrieve the information. So try taking a deep breath and doing a little positive self-talk. Tell yourself, "You know that you know this. Just hang in there and be a little patient." Oftentimes, the name or other necessary information will then come to you.

Memory Slip #3: Forgetting an appointment or showing up late.

Any sales person knows that showing up late is terrible, but forgetting an appointment altogether is even worse. The solution is simple but requires a commitment on your part to be better organized and to take the time you need to plan. Many common memory challenges arise when people have too much going on and try to rush to get everything done. A simple, common sense solution is to keep your memory jogged by writing everything down, in a daily planner, on sticky notes, wherever will help you to remember. Take an hour once a week to review what you have coming up and to plan what you need to do and when.

Memory Slip #4: "I should have said…"

If you've ever thought of the perfect thing to say to someone ten minutes after you needed to say it…you're just like every other human in the world. But in a professional context, this can easily cost you a sale. Have you ever thought of the perfect answer to someone's question or objection right after the prospect walked out the door? Wondering why you didn't make the sale, your brain suddenly turns up again and you think, "Oh, no! I'm so stupid! I should've said that!" (Or shown them that property or demonstrated that feature or followed that procedure in my sales manual.)

You can overcome this challenge by memorizing information systematically. Systematic learning is not rote memorization - the way you learned your multiplication tables - but developing a system to help you store and retrieve information easily.

To recall information and train your memory, you must learn to speak the language of your memory, which means creating pictures. When you must recall information, if you can see something, it becomes much easier to recall it, even with a great deal of detail.

When giving sales presentation or searching for particulars of product knowledge, you must create mental images and organizational systems in your brain, in a sort of mental file folder system. Once you organize the information in your brain, it's quite easy to find; if it's in a big pile, you may know it's there somewhere, but who knows how long it will take you to find it!

Learning leads to confidence, the key to success

Sales people need to take their business seriously enough to put effort into learning. Many "wing it," and don't make nearly as much money as they want to as a result. No one gets rich in selling by accident. Those who dedicate themselves to learning and growing are always the most successful.

The good news is that you can learn to overcome memory slips and will grow as an effective sales person as you do, because you will gain greater confidence. And all other things being equal, the salesperson with more confidence will always get the business over someone who has less confidence. The formula for success is the same as the formula for improving your memory: preparation, listening, and proper learning.
More Articles from
Used Audi Car Sales
Close More Sales By Seeing The Window of Dissatisfaction
What To Look For In POS Products
Shorten Sales Cycles By Capitalizing On Trigger Events
Profit Building Strategies: Leveraging Testimonials
Government Bid Strategy: Success Metrics
Are You a Sniveling Little Coward?
Increase Your Sales FASTER Dealing with "Ill Think It Over"
A Seamless Front End To Constant Follow-up
Higher Prices Lead To Higher Profits
Part 2- Charging Higher Prices For Services and Products - Perpsectives On The Bottom Line
Sticky Conversations
Fear
Tips for Easier Hotel Contract Review
Negotiation Tactic?Getting It In Your Hands
Guildfordonline Has Properties In Guildford In its Sights
The KYSS Principle??Keep Your Sales Simple, Your Sales Closes Will Explode
Increase Sales With These Innovative Tips
Persistence at the Start Really Pays Off©
Fire Clients Who Want You to Lower Your Fees
Sales : Using the Law of Expectancy
» More on
Negotiation Tips For Women
  • Related Articles
  • Author
  • Most Popular
•Cost Of Sales Accounting, by Jim Klein
•Cost Of Sales Percentage, by Todd Miechiels
•Cost Of Treating Cancer, by Tony Isaacs
•Definition Of Sales Promotion, by Mike Smith1
•Department Of Sales Tax, by Manish Gaur
About Author
Both Jim Klein & Roger Seip are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Jim Klein has sinced written about articles on various topics from Small Business, Sales and Negotiation and Prospects. Jim Klein helps salespeople fine tune the sales process so they can confidently close more sales and create long term relationships.
Build A Sun Room
What should you consider when purchasing a Sun Room for Your House?When it comes to buying a sun room, you should try and consider some of the following pointers-61599 How much do you have to spen...
 
A Guide to Business | Guide to Technology | Guide to Women | Guide to Health | Family Guide to | Travel & Vacations | Information on Cars

EditorialToday Sales Marketing has 1 sub sections. Such as Sales & Selling Skills. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors