Sales Training & Business Tips From Better Business Focus
One of my sales training articles has again been picked up by Better Business Focus magazine, this time in the October issue. Better Business Focus concentrates on how succesful businesses in the UK compete and manage their organizations.
This month’s sales training article from me is my No Fear Cold Calling sales training tips and is feature alongside…
- Survival of the Fittest by Steve Smith
- Stop Chasing Your Tail & Get Real Results by Lorraine Pirrihi
- No Fear Cold Calling by Gavin Ingham
- Bestseller Business Books
- Hairdresser Gives Free Hair Cuts in Pub, What Are You Doing? By John Stanley
- Competitor Annihilation – Nelson Style by Philip Foster
- A Marketer’s Dream by Barry Urquhart
- Emotional Intelligence by Martin Pollins
- Six Steps to Improve Your Sales Results by Bryan McCrae
- All About a Bit of Give & Take by Andy Bounds
- 6 Ways to Cut Costs
Follow this link to read the full Beter Business Focus magazine.
Better Business
Sales Training Tips For Handling Cold Calling Objections, Part I
One of the biggest challenges facing many salespeople is cold calling for new business meetings and winning new sales on the telephone. In many industries cold calling is the most cost effective way of uncovering new business opportunities. It is also an activity which strikes fear into the hearts of even some of the most proactive and confident of salespeople. Not surprisingly, therefore, it is one of the most commonly sought skills for sales training and sales development sessions.
One of the reasons for this is the amount of rejection that a cold calling session can attract. Even the best cold callers can expect a wide variety of client objections and client evasion tactics during even the shortest bout of activity on the phone.
For this reason, many salespeople spend far too much time avoiding cold calling and far too little time actually doing any cold calling. When consulting and sales training with businesses I am always impressed by the imagination that salespeople display when dreaming up their excuses (or SATs – Sales Avoidance Tactics) and reasons for not cold calling.
It’s amazing how interesting an admin tray can look when the alternative is cold calling!
One sales skill which can significantly alleviate the pain of prospecting and dramatically improve your cold calling skills is learning how to handle sales objections effectively. One of my clients directly attributes £1 million pounds in extra revenues to practising and using the sales techniques outlined in my first sales training book on objection handling. What! You haven’t bought it yet? You can get your copy any time you’re ready here, objection handling book. If you make cold calls, it really is a must have sales boosting resource.
Handling objections professionally requires a combination of the right mindset and the right linguistic skills. Here are 10 proven strategies for smashing some of the most stubborn objections.
“It’s too expensive!”
Most salespeople think that their product, service or solution is expensive. In sales training sessions, I have asked thousands of salespeople where they think their product ranks against their competitors and roughly 80% think that their product is priced above averagely. If you think about this statistic, it cannot be right. So why do salespeople think this?
The answer is simple, because clients and prospects are forever telling us that we are too expensive, that’s why. The more we hear it, the more we believe it. The more we believe it, the more we tend to hear it. This plays right into the hands of clients because if salespeople think that their products and solutions are too expensive, then they are going to be much more open to client negotiation tactics.
Prospects are not going to stop using this objection any time soon but you can change your attitude to it today, right now. In my sales training sessions, we start by focusing on your beliefs – you need to believe that your product adds more value than you charge for it. The more you believe in the value that your product adds for your clients, the less this objection will affect you.
Why not try asking, “When you say that it’s too expensive are you looking at the cost on a piece of paper or the total cost of ownership?”
“I’ve not got enough time!”
As salespeople we spend a lot of time trying to catch up with prospects and clients. Secretaries, personal assistants and prospects tell us daily how busy they all are. That gives this objection a ring of truth.
What’s more, this objection not only has a ring of truth to it, it may well actually be true and that can make it difficult to deal with. Because many salespeople believe this objection to just be the truth, they do not handle it particularly well.
So remember this, you’re busy too!
And if you’re not, you soon will be once you start applying my sales training techniques and strategies. If you’ve had a good conversation, built some rapport and uncovered some value that you may be able to add for your prospect and their business, then try something like this,
“John, I’m busy too so I won’t waste a moment of your time. I wasn’t thinking of meeting for at least 2-3 weeks. How’s your diary looking…?”
“I don’t need it!”
For many, this objection sets off feelings of despair,
“I knew no-one was going to buy anything today. No-one’s got any money being so close to… Christmas, summer, Easter, Thanks Giving…”
You can substitute your own moan or a tide of angry frustration instead…
“Why is our product so over-priced?! Why does no-one want what I am selling? Why does nobody ever buy?”
Stop! Here comes the truth. How do they know? How do they know if they need it or not? How do they know if it will add value or not?
You’ve not met this person yet, you know little or nothing about them or their business and they know even less about you, your products or your solutions. This objection is totally meaningless so try,
“When I first spoke to them many of my other clients said that they did not need it either, however they found it really useful to have a look at what we do and see how it complements what they’re already doing…”
For part II of this article and more sales training techniques for improved cold calling and objection handling check back soon. Got your own objections that are giving you grief? Use the comments form below and let me know what they are…
Sales Training Tip: Know Your Sales Ratios
When I ask salespeople and business owners what their ratios and conversion rates are, few know. They cannot answer simple questions like…
How many calls do you need to make to get a meeting? How many mail shots do you need to send to get your quota of inbound leads? How many meetings do you need to chair to get a qualified opportunity? What percentage of qualified opportunities will result in a deal? What is your average deal size?
You get the idea.
Only by knowing these ratios and statistics can you know how you are doing. Only by knowing these ratios can you know when they are improving (or deteriorating). Only by knowing these ratios can you reliably forecast the amount of activity (and what activity) you need to do to achieve your targets, your ambitions and your goals.
To improve your sales skills you need a benchmark of how effective they currently are. This benchmark is your ratios.
Many salespeople that I have worked with resent being asked to log and track their ratios feeling that this is “micro-management” and that they should be just left to get on with things…
They are partly right. It shouldn’t be me encouraging them to keep these statistics – they should want to keep them. They should be tracking, studying and leveraging these figures and statistics themselves to ensure that they are on track for the sales results that they crave. They should know them inside out.
Taken from Real World Sales Skills.
The Sales Apprentice 2009: Sales Training Tips From The Hit TV Show, Week 12, The Final
The final of the Apprentice. Cool, professional Kate versus passionate, entrepreneurial Yasmina. Their brief, design and pitch a new brand of chocolate. Sir Alan said they were his best candidates ever and that it was his hardest decision yet. Either could have won. Yasmina did.
So that done (!), I thought I would sum up some of the core sales training lessons from this year’s Sales Apprentice…
On sales motivation and mindset…
- Top sales performers perform, they don’t talk about performing. Sales is not about what you say you’re going to deliver. Sales is all about what you actually do deliver.
- Sales success is all about action. Success in sales does not come to those who watch the game. Success in sales comes to those who pick up the ball and play their hearts out, right the way to the final whistle.
- Maintain your focus because sales superstars are focused. They know what they want. They work out how to get it. And they take action to achieve it.
- Sales success is about taking responsibility – responsibility for yourself, your sales activities and your sales results.
- Sales success is directly related to effort.
On prospecting…
- Know your client, know your client, k-n-o-w your client.
- Set objectives for all sales activities and prospecting calls.
- Get proactive and get your prospecting done. Procrastination and lethargy are the enemy of successful new business winners.
- Get yourself in the right mental state for cold calling. Attitude is your ability to access your skills.
- Know where to expend your energy. Working smarter is the route to success.
- Know your product. Know your product. Know your product.
On selling…
- Under promise and over deliver. Delivering on your promises is essential in any business.
- Develop trust and credibility if you want top class client relationships.
- Always give 100%. Nothing short of 100% if good enough if you want to be a sales superstar.
- When negotiating, sound like you believe in what you’re saying and plan your negotiation tactics and strategies.
- Sell on value and not price.
- Maximize the impact and effectiveness of your sales activities.
- Understand your clients, their markets and their needs. Your sales presentations need to be matched and tailored to suit their wants and needs and not just your own.
- Ask better questions. Listen harder. Seek to fully understand your clients.
- Know that people buy on emotion and justify with logic.
On presenting…
- To make powerful and persuasive sales presentations you need to know your stuff, you need to know what you’re presenting, you need a solid and proven structure.
- Know your audience. Know your audience. Know your audience.
- Do your preparation and planning.
- Have a call to action. People need an incentive and encouragement to buy now.
- Practise. Practise. Practise.
- Give 100% and be yourself.
On sales leadership…
- Watch out for sales terrorists in your business who focus everyone on the negative and undermine your business. In today’s turbulent economy you cannot afford to have negativity like this in your teams.
- Utilize the skills of your team effectively. Different people have different strengths and different weaknesses and using these to best advantage is key.
- Be approachable and personable so that your team will communicate with you, confide in and support you.
- Encourage involvement and participation and create team spirit.
- Take responsibility and make decisions.
- Judge the reality of a situation not just what you believe it to be.
- Learn to delegate. Being a great leader is not about being able to do everything yourself.
- Get the right salespeople into your business to build high performance sales teams and get great sales results.
So that’s it for another year. What did you learn and what are you going to do differently to get the sales results that you want?
Finding New Client Information, Video 3 Of 3
If you want to win new business you need to be able to find new client information. In this video, the third in the series, we look at 10 top tips for improving your prospecting and new business generation.
Follow these links to check out video 1 of Finding New Client Information and video 2 of Finding New Client Information. Don’t forget to join the GavinIngham.com success newsletter free too as we will be launching new videos and sharing more sales boosting articles regularly.
The Sales Apprentice 2009: Sales Training Tips From The Hit TV Show, Part X
If you spent tonight watching Manchester United play Barcelona in the Champions League then the good news is that you didn’t miss a lot in the way of sales training and business tips on tonight’s Apprentice. What you did miss however was Sir Alan sacking someone that, based upon your emails to me, many of you had thought would make the final. I agreed with Sir Alan’s decision but more of that later…
Tonight’s task was to select products to sell live on a TV shopping channel. The team that sold the most would win. A task like this is all about picking the right products for your target audience and then selling them effectively. How would they fare?
On team Ignite, Howard volunteered to project manage Lorraine and Kate whilst over on team Empire, Yasmina volunteered to project manage James and Debra. Debra also wanted to be project manager and agreed to Yasmina leading the team somewhat ungraciously, “For me, I am happy to be project manager every week,” she stated. Err, yes Debra, but that’s really not what it’s about though is it?
Both teams split in two to select products which the other members of their team would have to sell on TV the next day. All were treated to “sales presentations” on various products which they could choose from. They may have asked but, if they did, we never heard one question or one comment on target markets and audiences…
Sales training tip: Much as knowing what the products do is important, so is knowing who the audience are and what they buy. Me, I would have spent rather more time asking questions. Who are the audience? What do they like? What do they normally buy? How many did this product sell last time? When was it last on the channel? What have they bought that’s similar? How did they sell? How do the prices compare? How price conscious are they? What compels them to buy now? Etc etc.
Choices were made. Kate selected a hideous leather jacket with silver or gold leaves on and a healthy chip pan for Howard and Lorraine to sell. Howard and Lorraine selected a rather bizarre pet craft kit and a mini electronic, air guitar for Kate to sell.
Over on the other team, James and Yasmina selected a leaf grabbing contraption and a polo-neck, scarf type piece of clothing for Debra to sell and she in turn selected a cheap remote control car and a pack of elasticated hairclips for them.
Notably, James, Yasmina and Debra did not have a product priced over £29.99 whilst Kate, Lorraine and Howard had two approaching £150. Would this make winning hard for Yasmina and her team or would their cheap “pile them high, sell them cheap” approach work?
On the TV…
James was cheesy, “If you’re not first with this, you’ll be last with this”, he quipped, “Stop spying and start buying.” Debra meanwhile looked slick but did claim the line of the week, “This is the answer to the scarf,” she stated confidently. What was the question again Debra?
Over on the other team, Howard and Lorraine looked uncomfortable working together. Selling the chip pan they waxed lyrical about the chips but said little about how to buy the product. Kate looked like she was enjoying herself selling the air guitar, perhaps a little too much.
Sales training tip: Every sales message needs a call to action. People need an incentive and encouragement to buy now. They need to know when to call, why they should call now, the number to call, the numbers that are selling, the number of people hanging on the line etc etc.
In the board room…
Empire had sold £1541.88. Ignite £1376.73.
A win for Yasmina and her team. Apparently Debra had been “exceptional” according to the TV channel representatives. Howard and his team had failed to win despite their higher priced products. Neither the leather jacket nor the fryer had sold to the expectation levels of the channel.
During the conversations that followed it became clear that both Howard and Kate blamed Lorraine. Lorraine thought Howard should go due to being over cautious. In private, Nick vociferously stood up for Lorraine to Sir Alan, “She is so often right.”
In their defence…
Howard said that he is a great communicator and works well in teams. Nick told him that he lacked ambition and is not brave. Lorraine said she has natural business acumen. Sir Alan asked why she wanted to work for him then? Kate said she has been a strong team player. Sir Alan said that one of them is “not going to be very happy.”
“Kate. I think you stepped back in my eyes in this last week. You say you’re not a one trick pony… but you might be… Howard you’re a steady Eddie… Lorraine you speak a good game, your age has got nothing to do with it… I’ve noticed a couple of times that you seem to make your mind up afterwards and I ‘aint got time for people like that either… This is a very difficult decision because you three people have come a long way in this process… Howard, you’re fired.”
An interesting decision and one I agreed with. Howard has never really stepped up. We are one week from the final and he is still a figure in the background. Worse, he has twice been present when bad decisions have been made and has seemingly done and said nothing to contradict the bad decisions being made. But he is a nice guy and eminently enmployable…
Howard in the cab, “I’m gutted. Really gutted…. If Sir Alan thinks I am risk adverse then ok I will take on board the feedback.”
So…
Kate, Lorraine, Debra, Yasmina and James remain to face the wrath of the interviewers from hell next week. Who will survive the ridiculous, unrealistic, un-PC, verbal attacks of Sir Alan’s attack dogs? Who do you want to see in the final?
Finding New Client Information, Video 2 Of 3
Finding new client information is essential if you want to be more proactive, contact more prospects and win more new business. In part 2 of this free sales training video we will cover more of the core strategies required to find new client information.
Every sales and business person knows how important it is to focus on targeted new business generation yet many struggle to find client information and contact details. Watch this sales training video and ask yourself, “Do I do that consistently?” If you can more consistently apply one or more of these techniques in your business then you could see a huge improvement in your new business generation activities and your sales results.
The Sales Apprentice 2009: Sales Training Tips From The Hit TV Show, Part VII
Week 7 and 8 apprentices remained to compete in this week’s task of choosing two products from a selection of 12 and then selling them to dealers in Manchester and Liverpool over a two day period. The winning team, as usual, would be the team which made the most sales. Sir Alan was quick to say that tonight’s task was all about sales and that everybody had to sell and that no-one would escape.
So, at last, a sales task to get our teeth into and one which they would be held personally accountable for. What sales training lessons would we learn tonight? Who would step up as a sales superstar? Who would fall on their face as a sales loser?
Team leaders were quickly elected as Lorraine for Ignite and Mona for Empire and after a roll call of the ingenious, the interesting and the downright odd our teams selected the products that they wished to sell. Lorraine’s team plumped for a cat playhouse and an expandable bag for carrying shopping on a bike. Mona and Empire were attracted to a lover’s dog lead that allows two people to walk a dog at the same time and a sleeping bag with arms and legs.
These were interesting choices particularly from Mona’s team because Sir Alan had pre-organized two meetings for them with two big retailers and neither of these products seemed like a good fit for their product ranges so they effectively dismissed two potentially huge clients before even starting out.
Sales training tip: I can’t believe I am offering this advice as it seems so obvious but, then again, salespeople, as we saw, often manage to stray far away from the obvious. When selling you need to make sure that you understand your clients, their markets and their needs. Your sales presentations need to be matched and tailored to suit their wants and needs and not just your own. With hot meetings set up with real possibilities of selling and with only one day to set up other meetings Mona’s team really should have thought about this more…
Next day in Liverpool city centre at a large hardware store Yasmina and Lorraine pitched their bike bag and their cardboard cat toy. When asked by the client how many he would have to order Lorraine said 5-6000 units. The client said that this was too many. In the board room Sir Alan was equally dismissive saying that no store could sell this amount.
Sales training tip: To be a sales superstar you need to ask better questions. To be a sales superstar you need to listen harder. To be a sales superstar you need to really understand your clients. A good strategy, rather than guessing, is to ask your client better questions such as, “How many would you typically order?” or “What size of order were you thinking about?” This also makes solid sales negotiation strategy too.
Later on, at the same hardware store, we saw the Achille’s Heel of apprenti, past and present, rear its ugly head yet again – lack of planning and preparation. Howard and Debra were presenting the sleeping bag to a buyer and when asked how much a normal sleeping bag costs they didn’t know. Howard responded with “good question” and Debra (clearly a student of the bodge it, blag it and wing it sales academy) responded with the fact that it “varies from bottom to top”.
Really Debra? You don’t say!
Sales training tip: Know your product. Know where your product sits compared to the competition. Know the relative strengths and weaknesses of your product in relation to the competition.
At the second company, Howard and Debra faired little better with Howard unaware of what departments the store had or what products they carried either…
Sales training tip: Know your prospects. To demonstrate professional respect for your prospects you should know everything about them that your prospect could reasonably have expected you to know.
Next day on team Lorraine, Lorraine was challenging Ben, Kate and Philip, over the phone, as to why they had not made any sales yet. Ben’s response was classic sales whiner, “We’ve tried booking as many as we possibly could. Basically we’ve only made one.” There was no mention of Sandhurst. Lorraine, all credit to her, wasn’t prepared to accept this and challenged him again, “How many calls did you make?” Ben, Kate and Philip weren’t sure but the answer was 10, 15, 20… they didn’t know. And it was not clear whether that was each or together but either way it was not enough.
I’d go a step further. It not only wasn’t enough, it was pathetic. And I’d like to have seen the phone bill to see how many calls they actually did make. There’s a 100k job here, you’re on TV and it’s one day only and you say you want it? Get your head up, pick the handset up and get on with it. Every time we saw you lot in that car that phone should have been glued to your ear…
I don’t rate Ben or Philip so their behaviour didn’t surprise me one bit but Kate let herself down giggling with them in the car and seemingly not caring whether she had made any sales or not. Lorraine probably hit the nail on the head when talking to Yasmina saying that she did not know what was distracting them “but I hope it’s not Kate’s beauty”. It probably was. And it seemed that Philip’s “beauty” was distracting Kate too…
Sales training tip: Maintain your focus because sales superstars are focused. They know what they want. They work out how to get it. And they take action to achieve it. They don’t, when not managed, giggle and carry on like a bunch of ill-behaved teenagers on a day trip to Scarborough for the first time.
And then, good on her, Mona stepped up and showed some solid negotiation skills. In a camping shop, a prospect said that he was interested in the sleeping bags. “I’d try a few” he said so Mona responded that she had a minimum order of 24 and quoted a price. When the client asked for a discount she asked him if he could order more. Even when he tried to finalize the deal she held firm and extracted a final concession on price.
Like it.
There is a bit of an unofficial second competition going on, not to be The Apprentice but to be the author of the best quote. If Lorraine didn’t have it in the bag already tonight with “I hope it’s not Kate’s beauty” here are a few other contenders (possibly paraphrased in places!)…
From a pet shop owner on the cat playbox, “It’s a cardboard box at the end of the day and I’m just not that bothered!” Lorraine on the North, “The wages are a little lower here.” Nick on Phil, Ben and Kate selling nothing, “Frankly them coming back to board room without sales is like popping in that cat plane and going off to fight the Battle of Britain.”
In the board room…
Mona and Empire made £4501.
Lorraine and Ignite made £1302.
A hammering for Lorraine’s team and all the more telling because Mona’s team, due to their poor choice of products, had sold nothing to the two “banker” clients.
You didn’t sell, you didn’t sell and you didn’t sell barked Sir Alan jabbing his finger at Kate, Philip and Ben. Philip, who has been gobby and opinionated since day 1, was yet again blind to his failings saying that he was bewildered as to why he had not sold anything but that he, Kate and Ben were the best salespeople anyway.
Can anyone be bewildered as to why they did not perform and know that they are amazing at the same time? Is that possible?
Kate meanwhile was digging her own hole, “You can’t sell if people aren’t there” she whined. Margaret was quick to jump on her head telling her that getting appointments is part of selling. Well done Margaret, that’s why my No Fear Cold Calling programmes are so popular and so powerful for your sales and business results too!
Then Sir Alan kicked away their crutches and their excuses saying that he had got some of his people to make some calls, that they rang 6 stores and that they got in. Hee hee!
Lorraine, who I still don’t rate, but who was looking better under fire, said that she and Yasmina were “banging out calls” but that she did not sense any urgency from the other team members…
Philip and Kate meanwhile were coming under more pressure from both Sir Alan and Nick – Kate for not realizing that a client’s lack of interest is her poor selling techniques and Philip for saying he was a better salesperson than Lorraine when he sold nothing.
Lorraine elected to bring back Philip and Kate. They attacked her and she defended herself by saying that they were in a “relationship” with each other. They said that had nothing to do with it. She still has to go soon but at the start of the show I’d have buried Lorraine in this company but you know what…
Go Lorraine! Go Lorraine! See you Philip!
“Kate you have performed well in the past weeks. Philip you’re certainly a fiery person and I’m thinking… about the hundreds of other people I employ and thinking of their reaction to you and it ‘aint good the picture I have in my head… Lorraine the underlying concern I have is that you alienate people… Lorraine I am still not clear about you but Philip I think I am clear in my mind that your bravado and attitude ‘aint going to fit in my organization so Philip you’re fired…”
Outside the board room Kate turned to Lorraine, “I feel absolutely insulted that you could suggest that anything that goes on in my personal life can affect my business performance.”
But it did and Kate looked slightly less bullet-proof than she had. In the cab Philip was muttering, “I’m a much better candidate than she (Lorraine) is.”
But she’s still in it Philip and that’s what counts.
Cold Calling Article In Winning Edge Magazine
Check out this article in the Institute of Sales & Marketing Management’s leading magazine, Winning Edge, on how to Warm Up Your Cold Calling – 9 steps that you can take to improve your cold calling results. Read Warm Up Your Cold Calling here.




