Month: October 2017

All that Glitters Ain’t Gold

Just because it’s the next “hot” thing doesn’t mean it’s the right thing for your business.  It’s easy to get caught up in wanting to make sure that you don’t miss anything or that your business is on top of the latest and greatest trends, but before you jump feet first into something simply because it’s what’s hot at the moment, ask yourself the following questions: 

  1. Am I being true to my mission?  If you’re not sure of what your mission is, now is the time to figure it out. You should be able to articulate your mission in a few short sentences or a 30 second commercial that will clearly identify who you are and what you do.  Everything you do should align with this mission statement and support it.  
  2. Will this action gain my business traction with my target market? Unless you’re a nonprofit most people are in business to make money. If the next hottest thing will not increase your revenue, why do it?  
  3. Do I know enough about this hot trend to execute? Is this something that you can do well? If not, don’t do it. If you think this hot trend will help advance your business, but you know you don’t know enough about it to do it well, find someone that can guide you. 

As a professional it’s easy to get intoxicated by what appears to be just what you need to get to the next level. Is it important to be on top of what’s going on in your space, but it’s just as important to have the maturity and insight to know that all things are not for all people.   

You know your business better than anyone else…don’t get caught up in thinking that what you are doing is not enough. You know the old adage…the grass looks greener on the other side.  And it especially looks greener when you’re in a rut, going through a slow period or experiencing flat growth. The answer is not always something new, sometimes; you just need to focus on what made your grass green when you started.   

 

The 3 Secrets to Closing Every Sale

I think at one time or another we all have struggled with this to some degree. We all have heard the old saying, “ABC…Always Be Closing,” and there is a lot of merit to that statement. The close should be a natural last step in the progression of your meeting.  It should not be looked at as an isolated event. If you do everything right through the process, the secrets of closing will be revealed. 

Unfortunately, there are many people who still look at the sales process as an adversarial one….”I have to get them before they get me.” That’s a pretty old school way at looking at growing your business.  

First, you need to see yourself as a consultant, not just a sales person. To discover one of the primary secrets of closing you need to ask yourself what value you bring to the relationship. Anyone can push a product or service, but by positioning yourself as a business consultant, you are setting yourself apart from everyone else who is trying to just “sell” something.

Does it take more effort? Absolutely, but the dividends pay off. 

When you are talking to potential new customer always ask yourself if the information that you are providing is something that they need. To do this, you have to make sure that you do a thorough assessment of their current situation before offering solutions.

Sometimes you can be so excited about what you have to offer that you dominate the conversation with all the great things you can do. Remarkably, this is one of the secrets of closing that is often overlooked.  Imagine going to the doctor and immediately getting prescribed medication without anyone asking you what’s wrong. That’s what a lot of “salespeople” do and wonder why they walked out of the meeting empty handed. 

You can pretty much drill down the reasons people buy to two points-to avoid pain to get pleasure. How does your offering solve either of these issues? You can’t answer this question unless you know what brings them pain and what brings them pleasure. After you know the answer to this, you can have a business conversation (not a sales pitch) about how your service, opportunity or product can help. Use these secrets of closing to build your million-dollar enterprise.  

So, before you have your next meeting, remember these three points: 

  1. Build Value-You are more than just a salesperson. You are a business consultant. 
  2. Identify what is important to them before you start providing solutions. 
  3. Closing is not an isolated incident. It is natural once you have laid the foundation, built the trust and proven yourself to be a professional and someone that your prospect would be eager to partner with. 

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