Sunday, October 29, 2006

Tips On How To Manage Your Sales Team

Selling. Cold calls, introductions, interviews, appointments, proposals, referrals, call cycles, building rapport, listening, asking for the order, overcoming objections, closing the sale, and rejection. There's a lot to know about the business of selling. No wonder many people are a bit overwhelmed when they are asked to do it.

And it's not a job for the faint-hearted. Selling is a communication-rich activity, with lots of verbal and non-verbal clues to simultaneously recognise, understand and respond to. It's a tough job looking after the interests of the customer and the company at the same time. Especially when you have to do this many times a day, every day.

The sales process does not usually proceed in a linear, one-way direction. The participants will often meander along paths filled with associated ideas, go back to items already discussed, find answers for problems (overcome objections) and explore the features and benefits offered. An effective selling style will display a relevant and appropriate personal manner combined with a strong focus on the required outcome.

On many occasions handling a sale is much like steering a boat across a strong current. There is a need to constantly assess the amount of 'drift', making minor adjustments to stay on course for the destination.

A skillful sales person can handle these diversions and carefully guide the prospect to recognise why they should make the decision to purchase 'this' product from 'this company'.

For those working outside the field of professional selling, it's common for the sales process, and sales people, to be misunderstood. Indeed, there are those who think of sales staff as being universally pushy, overbearing, and making the customer feel ill at ease.

However this type of behaviour is usually the result of inexperience or poor sales training. Over recent years the art of selling has been transformed into a process now often referred to as 'consultative selling'.

More than just a buzzword, consultative selling refers to the process of developing a clear understanding of your customers needs and following this with a logical presentation of how your product or service can help your customer be satisfied. In effect consulting with your client to determine their needs and develop a solution.

Modern, effective sales people have mastered the skill of identifying the needs of individual prospects, matching those needs with benefits offered by their product or service, and closing the sale by ensuring the customer can see real value in the deal being offered. It's a win-win result.

Throughout the process an experienced sales person will generate a level of trust with the customer that can stand the test of time.

Here are a few tips to help you manage your sales team:

* Respect the personal barriers they must overcome on a daily basis.

* Have a territory management plan in place.

* Provide appropriate supervision to ensure good sales practices are maintained.

* Ensure the customer has regular contact with other people (or departments) within your business other than the sales person.

* Comprehensively train your sales people on company procedures, their responsibilities and your expectations.

* Have a procedure for listening to, assessing, and acting upon feedback from people in the field.

* Avoid involving sales people in non-sales activities such as deliveries and collecting account payments. These tasks will undermine the sales relationship and will adversely impact on your sales results. Keep your sales person as the 'good guy'.

Selling is an art - the art of guiding the sales process to a mutually satisfying conclusion

Saturday, October 07, 2006

Branding

Branding is the process of establishing a customer's viewpoint about a company or product. When you see a company name on a pair of shoes, for example, and think, "These shoes are made by people who care about quality," it is the result of successful branding. Branding does not only convey a message, it attaches a "feeling" to products and company names in the minds of customers.

When you see a name and it evokes a reaction, branding is to blame -- and it's everywhere around us. Why else would people spend $40 on T-shirts with logos on them? To the person wearing it, such a shirt represents a company they like and want to be a part of as a customer. Using advertising in newspapers and magazines, on television or radio, and through direct mail or telemarketing, companies use branding every day.

Branding exists on the Internet, too. Some companies choose to use their web sites to provide information and establish customer relations though they may not even sell from the site. A business of any size can brand its company name or product. Branding separates your business from the rest of the web, giving customers a reason to choose your company. With millions of web sites, branding will enable customers to find your site, see the name, and think, "Now, these are people I want to do business with."

Create and place your brand
When branding for your company, talk to the people who work in your office and find out how they feel about the business or product you're developing. Your competition may have a similar product or service, but what makes your business better? Use branding to highlight your company's strong points to customers.

Put your URL everywhere. Keep your web address in the header on stationary, faxes, and invoices. If you can afford it, billboards are a good option as well. Television, magazines, and newspapers are also good places to advertise. If you choose to have contests on your site, give out prizes with your logo and URL on them. This keeps customers feeling positive about your business and provides advertising.