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Answer Upon - Sell More Using Sales Psychology
Are You Becoming E-Wasted ived a handwritten note together with 2 name-brand lollipops.The recent accelerating changes in electronics technology, combined with lower initial costs of ownership and planned obsolescence, have caused a high rate of turnover for all types of electronic products. The replaced electronic products and systems that were made obsolete by new technologies are creating a fast-growing problem of ever increasing amounts of obsolete electronic gear that is accumulating around the globe.In the United States, homeowner purchases of the new space saving LCD flat screen computer monitors and the new high definition LCD, plasma, and DLP television sets have made the older cathode ray tube (CRT) monitors and television sets obsolete but very difficult to dispose of. These old style CRT type monitors and television sets usually cannot legally be tossed into the trash to be disposed of in landfills, so they end up being stored in attics, closets, in storage buildings, or in the garage at home. Most of us get a new cell phone every year or so and the old cell phones, with their batteries still installed, get tossed into a drawer at home. All of this obsolete electronic equipment is being identified by a new term, e-waste.Business organizations can face an even more daunting e-waste situation since they may replace hundreds of desktop or laptop computers, cell phones, or printers at a time and the old units have little or no trade-in value. Many businesses have rented storage space just to have a place to stack their obsolete computer gear, printers, fax machines, and other office equipment. The National Safety Council estimates that more than 150 million obsolete PCs are gathering dust in warehouses, storerooms, and closets as they await decisions on d Some background you need to know: Now, here are some problems with this story:
Credibility In Advertising True sales pros use psychology to sell more, the psychology of urgency, time, choice and stories. Let’s look at each.I recently saw an ad taped to my mailbox, mind you, my mailbox is shared by many residents of my area. The postal real estate is typically reserved for flyers of lost dogs, cats, small children, etc. This time, however, the ad was soliciting a service which, I feel, requires a personal connection. The ad simply stated: “Affordable, Quality, Licensed, Day Care. Call XXX-XXXX”While I do not have children yet, I can only assume a responsible parent would look at this impersonal solicitation for their young children and laugh. Would you consider trusting this nameless, faceless, credit-less, organization with your children? Maybe some days this would be appealing, but realistically?I started thinking about credibility and what an important role it plays in today’s business economy. I looked in the yellow pages for a landscaping company – six pages vying for my dollar, yet all of them lacked personality. Not one said, “We are a credible company you have heard of.”Granted, building a brand name takes longer than a day or a dollar. Not one person on my mailing list has the Microsoft arsenal of marketers, nor do they have the brand recognition worldwide. But thousands of “small businesses” (a term I hate) have incredible local recognition. Think Blue Sky Landscaping (for you Western Washington folks), what about Dillanos Coffee? They are based right here in Sumner. Ever heard of Pink Coconut? Headquartered in Puyallup.What do you do to make your company say, “I am someone you can trust.”? How do your customers get to be your customers? Obviously word of mouth is a powerful marketing tool – but you can’t buy that. If you could, we would all be millionaires and word of mouth woul The psychology of urgency Another typical sales scenario involves the salesperson doing everything right – until after the first appointment. Then, suddenly, the emails stop, messages don’t get returned, and the lead runs cold, leaving you scratching your head wondering how that nice, friendly, responsive, involved prospect dropped off the face of the earth. Does that ever happen to you? What you’ve just experienced is a good sales process gone bad for the lack of a key ingredient: urgency. As Stephen Covey says, there is a big difference between the “urgent” and the “important.” In everyday business, the urgent category includes soothing angry clients, “putting out fires,” production stoppages, surprise inspections or audits by regulators, labor problems, media blowups, and things of that nature. The important category includes things like making employees feel appreciated, upgrading to new office technology, listening to someone’s ideas, increasing your industry knowledge, developing good corporate citizenship (charitable, environmental, etc) and so on. Guess which category is at the top of every executive’s agenda each morning when they walk in the door? If you’ve positioned the product or service you’re selling as a “nice to have” instead of a “have to have,” – or even better a “have to have now” – your leads will run cold. Simply put, buying from you (even if it’s important) takes a backseat to the urgent matters of the day. If you as a salesperson haven’t identified the pain, then you will get a less than urgent response. If you walk up to someone on the street and they have a nail sticking out of their knee- they would have a high sense of urgency to have the nail removed. This is the same with the prospect. When you can identify their “nail” they will want to move on it quickly. In my seminars, I ask people to think about these questions:
I don’t believe in the process of “overcoming objections” – sounds too much like fighting. And if salesis a battle, you’re going to lose. One method I like to use is simply turning objections into objectives. In other words, if you can intelligently address the objection in terms of reaching a goal, agreement, or solution that addresses the problem, you will be well on your way to collaborating with your future customer on buying your solution. For example, if the objection is “it’s too expensive,” you can show, in clear dollars and cents terms (and using numbers supplied by your future customer!) how your solution will save money, generate sales, increase profits, reduce costs, etc. You’re turning the price objection into a value objective. The psychology of time A lot of sales trainers suggest using the personal touch: handwritten notes, personalized gifts, etc. We think these are powerful tools, but for different reasons. Whether a note is typed or handwritten makes little difference in and of itself. Whether the note comes with a small gift (personalized or not) also doesn’t really matter. It’s really about giving time and attention. That is what makes you distinctive. Let me give you an example. As you may have guessed by now, I’m a speaker, author, and seminar leader. As such, I’m a prospect for a wide variety of businesses – presentation equipment, publicity, advertising, direct mail, courseware, and e-learning suppliers all want a piece of me. Recently, I put my name in at the website of a reputable radio PR professional who has been getting great results for people just like me. I filled out her online form, attended part of a tele-seminar that she sponsored, and then a few days later received a handwritten note together with 2 name-brand lollipops. Some background you need to know: Now, here are some problems with this story:
Swing Into Spring deas, increasing your industry knowledge, developing good corporate citizenship (charitable, environmental, etc) and so on.Are you ready for a new season in your business? It’s that time of year when a confluence of events occur. We have the fever of March Madness combined with the eternal hope of Spring Training. I know, where you live, it might not seem like Spring just yet.We grew up in New England, where Spring is very fickle. Sometimes it’s early, often it is, well,….not-so-early. I have observed that those who have the greatest success don’t let the seasons determine their future. They set their goals and make plans to reach them. As the song goes “Don’t’ stop thinkin’ about tomorrow.” I’m all for that. We need dreams. We thrive on seeking, on pursuing.Yet, in order to move toward those dreams, we can’t wait for Spring… We can’t wait for tomorrow. We need to come to play today. Do something now to assure that your Spring will be full of blossoms…fruitful, colorful…and the cornerstone to a prosperous, bountiful, success-filled season of growth. “For everything there is a season.”Decide that NOW is the season for you to make it happen. Energize your life…energize your business by making THE decision. That, “yes, I’m ready… Ready for the Championship run for me and my team. This will be the best Spring we’ve ever had.”This is the time to step up to the plate. To get in the game. Make March count. Create March Madness in your business. Use this Spring Training to prepare for a GREAT Season...a Championship Season where YOU WIN… in your business and in your life.I’m rootin’ for you to go All The Way! Guess which category is at the top of every executive’s agenda each morning when they walk in the door? If you’ve positioned the product or service you’re selling as a “nice to have” instead of a “have to have,” – or even better a “have to have now” – your leads will run cold. Simply put, buying from you (even if it’s important) takes a backseat to the urgent matters of the day. If you as a salesperson haven’t identified the pain, then you will get a less than urgent response. If you walk up to someone on the street and they have a nail sticking out of their knee- they would have a high sense of urgency to have the nail removed. This is the same with the prospect. When you can identify their “nail” they will want to move on it quickly. In my seminars, I ask people to think about these questions:
I don’t believe in the process of “overcoming objections” – sounds too much like fighting. And if salesis a battle, you’re going to lose. One method I like to use is simply turning objections into objectives. In other words, if you can intelligently address the objection in terms of reaching a goal, agreement, or solution that addresses the problem, you will be well on your way to collaborating with your future customer on buying your solution. For example, if the objection is “it’s too expensive,” you can show, in clear dollars and cents terms (and using numbers supplied by your future customer!) how your solution will save money, generate sales, increase profits, reduce costs, etc. You’re turning the price objection into a value objective. The psychology of time A lot of sales trainers suggest using the personal touch: handwritten notes, personalized gifts, etc. We think these are powerful tools, but for different reasons. Whether a note is typed or handwritten makes little difference in and of itself. Whether the note comes with a small gift (personalized or not) also doesn’t really matter. It’s really about giving time and attention. That is what makes you distinctive. Let me give you an example. As you may have guessed by now, I’m a speaker, author, and seminar leader. As such, I’m a prospect for a wide variety of businesses – presentation equipment, publicity, advertising, direct mail, courseware, and e-learning suppliers all want a piece of me. Recently, I put my name in at the website of a reputable radio PR professional who has been getting great results for people just like me. I filled out her online form, attended part of a tele-seminar that she sponsored, and then a few days later received a handwritten note together with 2 name-brand lollipops. Some background you need to know: Now, here are some problems with this story:
Innovation Management - forced into it! both an important *and* an urgent issue? Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation. Whilst there is no sure fire route to commercial success, these processes improve the probability that good ideas will be generated and selected and that investment in developing and commercialising those ideas will not be wasted.Whilst there is a lot of lip service given to innovation, the reality is that it often results from competitors making significant gains – competitors who themselves have had to be innovative to challenge existing market leaders. Good examples are i) New Coke, forced into action when it lost market share to Pepsi and ii) IBM forced to change as a result of Microsoft.An irony is that once innovative companies become less so when they have found their Golden Fleece. Finding a killer product forces a firm to concentrate on marketing and improving that product and results in a degree of parochialism and path dependency. Again, a good example is Microsoft – after Windows 95, innovation has been less significant; growth has resulted less from innovation and more from buying up innovative companies.These topics are covered in depth in the MBA dissertation on Managing Creativity & Innovation, which can be purchased (along with a Creativity and Innovation DIY Audit, Good Idea Generator Software and Power Point Presentation) from http://www.managing-creativity.com.You can also receive a regular, free newsletter Again, I’m not going to supply you with gimmicky stock phrases or clever comebacks, but rather suggest that you spend some time and energy thinking about how to intelligently and professionally address legitimate buying obstacles such as “We have no budget,” “We have no need for this product/service,” “We’re happy with who we’re using,” and “This is bad timing for us.” I don’t believe in the process of “overcoming objections” – sounds too much like fighting. And if salesis a battle, you’re going to lose. One method I like to use is simply turning objections into objectives. In other words, if you can intelligently address the objection in terms of reaching a goal, agreement, or solution that addresses the problem, you will be well on your way to collaborating with your future customer on buying your solution. For example, if the objection is “it’s too expensive,” you can show, in clear dollars and cents terms (and using numbers supplied by your future customer!) how your solution will save money, generate sales, increase profits, reduce costs, etc. You’re turning the price objection into a value objective. The psychology of time A lot of sales trainers suggest using the personal touch: handwritten notes, personalized gifts, etc. We think these are powerful tools, but for different reasons. Whether a note is typed or handwritten makes little difference in and of itself. Whether the note comes with a small gift (personalized or not) also doesn’t really matter. It’s really about giving time and attention. That is what makes you distinctive. Let me give you an example. As you may have guessed by now, I’m a speaker, author, and seminar leader. As such, I’m a prospect for a wide variety of businesses – presentation equipment, publicity, advertising, direct mail, courseware, and e-learning suppliers all want a piece of me. Recently, I put my name in at the website of a reputable radio PR professional who has been getting great results for people just like me. I filled out her online form, attended part of a tele-seminar that she sponsored, and then a few days later received a handwritten note together with 2 name-brand lollipops. Some background you need to know: Now, here are some problems with this story:
Tough Interview Questions ease profits, reduce costs, etc.Tough Interview Questions explainedThere is no doubt that while you are busy answering interview questions your potential employer will have a list of interview questions designed to test your ability and even two or three tough interview questions that may even help you secure the job if you can reply with an awesome answer!As with most job interviews, preparation is crucial so you should be researching as much information as possible on the company you are seeking to impress. Check out their official company website and make sure you know the Chief Executive / Managing Director details.When you are asked a tough interview question you may want to include a high roller company official name as part of your answer, example would be I know the Managing Director values teamwork and I have demonstrated this ability to work as part of a team.....Another tough interview question is the old classic "What motivates you?"I recommend being very honest with this answer, many people will claim that being happy in their job motivates them or even working for a blue chip company is their main goal. If you are going for a well paid job in the city or even many other jobs I would recommend this answer "I am motivated to obtain the highest salary possible while also aspiring to further development within this company."Tough interview questions can often be make or break your job interview as many people freeze but you should remain confident and assertive, most employers will admire monetary and promotion goals and this will help distinguish you from the crowd who give a standard safe answer.Another tough interview question is "Wha You’re turning the price objection into a value objective. The psychology of time A lot of sales trainers suggest using the personal touch: handwritten notes, personalized gifts, etc. We think these are powerful tools, but for different reasons. Whether a note is typed or handwritten makes little difference in and of itself. Whether the note comes with a small gift (personalized or not) also doesn’t really matter. It’s really about giving time and attention. That is what makes you distinctive. Let me give you an example. As you may have guessed by now, I’m a speaker, author, and seminar leader. As such, I’m a prospect for a wide variety of businesses – presentation equipment, publicity, advertising, direct mail, courseware, and e-learning suppliers all want a piece of me. Recently, I put my name in at the website of a reputable radio PR professional who has been getting great results for people just like me. I filled out her online form, attended part of a tele-seminar that she sponsored, and then a few days later received a handwritten note together with 2 name-brand lollipops. Some background you need to know: Now, here are some problems with this story:
Customer-Centric Information Architecture For Efficient Customer Insight ived a handwritten note together with 2 name-brand lollipops.Traditionally, many large service businesses, have focused narrowly on direct operational needs like order handling & invoicing, when designing their information architecture. This way they have developed account-centric data structures. A real Customer could have more than one accounts, the records of which were unlinked in the customer database. In this case, more than one Customer records, would exist for the same real Customer. This data model would not reflect accurately the relationship of the Customer to the Business. Moreover this information architecture would often involve loosely coupled or isolated databases, thus developing departmental ‘information silos’. For example the faults call center database, would not integrate to the order handling database. Therefore the Customer interaction history would be fragmented in various isolated systems, serving specific Customer touch points (CTPs). The information architecture described above, does not support the Customer holistic view, which is needed in order to provide quality Customer service or analyze efficiently the Customer behavior.Any analysis on Customer data which are stored in an account-centric structure is problematic. For example, one might want to calculate a simple Customer value ranking based on the last quarter invoiced amounts. However, this would rather be an account value ranking, than a Customer value ranking, since the analysis would probably not aggregate all accounts related to a specific Customer. Business wise, it is erroneous to carry out Customer analysis on the account level, since this analysis may give an incomplete picture about a Customer. Furthermore, one might want to perform a recency analysis Some background you need to know: Now, here are some problems with this story:
For example, when you follow up with a well thought-out handwritten note, it shows the investment of your TIME. I recently facilitated a six month Leadership Development program for 37 people. Afterwards, I sat down and wrote 37 thank you notes by hand. In each note, I tried to personalize a comment. I sealed the envelopes with red wax and my stamped monogram. It wasn’t that I am crazy about wax and monograms; it’s the fact that I wanted to send a note that was different than any they had ever gotten. The response was tremendous. Investing time is another way you will separate yourself from the crowd. What’s the best way to invest your time? Choose as many as you like from the following list:
A lot of salespeople are leery of doing this work for several reasons. Excuses and objections include: The way to make sure you're investing your time wisely vs. doing “free consulting” is simply to make each of these points of contact an opportunity to move your sales process forward. A final aspect of the psychology of time is timely response to emails and phone calls. This is truly a habit worth developing for several reasons:
The psychology of choice When it comes down to the wire, salespeople who have made a habit of studying sales techniques never offer a ‘take it or leave it’ deal. It’s simply too easy to say no, and if you didn’t handle the rest of your sales process flawlessly, almost any reason to say no will look pretty appealing to your prospect. If you always offer options, you shift your prospect’s mindset to considering WHICH, not WHETHER! And it reinforces your status as a professional who customizes choices, simplifies options, and filters a lot of the ‘noise’ that the prospect has heard in the past. You’re customizing options based on the prospect’s situation. One size fits one. The psychology of stories One of the most powerful sales tools you have at your disposal is storytelling. Or more appropriately, storyselling!
So how can you use stories when working with future customers? All this requires on your part is the initiative to begin gathering stories by talking with your existing customers. Very simply, talk to your customers about their experiences with your products and services. You’re sure to gather some powerful and persuasive stories.
Focus on things like:
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