by Alexa Clark I had the opportunity to sit down with Ilona Posner of the the Canadian Film Centre’s Media Lab last fall at nextMEDIA’s Monetizing Digital Media’s conference. Posner led a workshop on paper prototyping that started with a premise that is important for…
Month: March 2009
For those of you who weren't fortunate enough to catch Rob Cottingham's hilarious "Teh Funny" keynote presentation at Northern Voice 09 this year – or for those of you who DID catch it but who, like me, would like to see it over and over…
Here's my advice to sales people.
Ok all you sales types, gather round and listen. Grab a "Cup of Joe" and pay attention.
The above illustration is the first thing we have to get over.
What do you see?
Most folks – if not everybody – sees a "black dot."
Well, that is an example of why things aren't working as well as they should for you. That black dot represents everything that is wrong right now. The bad coffee, the idiot Boss, the way they treat you, the shitty leads, the bad sales territory, the commission structure, the fact you got up this morning, tore a hole in your pants, spilled juice on your tie and the cat peed on you. All that stuff!
It goes on and on, doesn't it. This is sadly the most critical issue you face – it is called fear. It masks itself in all sorts of manifestations – mostly us wanting to have something else to blame for our failures.
Well, I believe that the first thing to do is look at the rest of that illustration. I call the technique "eliminating Black Dot days". There will always be something wrong – there will always be a gripe. But by focusing on these things you miss the point. Look at the big picture – the white space which represents everything that is right.
Okay, here is the list of "do's" and "don'ts" for the sales types:
1. Do a projection formula for reliable, real, achievable results – don’t lie.
- You need a formula. It has to be real. Start with what you want to make this year. Then figure out just how many sales that would have to be and base the net on what you get from each sale. Then calculate how many sales presentations you have to make to get the sales. Then the sales calls to get the sales presentations and then finally the number of sales cold calls. This is called turning Suspects into Prospects, into Sales and then repeat Sales.
- You will need to track honestly exactly how you measure up. Number of cold calls that end up in sales is a sales ratio.
2. Get a sales system that can be tracked, adjusted and monitored – and don’t lie.
- Your system must be solid, real and one that can be tracked and adjusted.
- Track the number of suspects that you need to turn into prospects (whether by sales calls/phone calls or letters) and then the number you need to turn into presentations or sales visits. And then track the number of conversions from prospects to sales. You then can track repeat sales. Look at the numbers, do some initial percentage calculations (i.e. 100 suspects = 40 prospects = 20 presentations = 6 closed sales).
- Then, if you have to, modify any and all factors. A better presentation, more work on your phone techniques, more suspects, better initial sales contacts, better “CLOSING” tactics or better tracking. All are flexible! All can be improved. And should be!
3. Never talk to other sales folks. Full stop. They lie.