Sales Tip for August 2006 - Volume 5

Danny Wood is a nationally known trainer and speaker on sales and sales management.

Danny specializes in working with business owners, CEO’s and senior managers to maximize the return on what is often their most underutilized resource, the sales team.

Danny’s work has been noted for providing his clients with the ability to realize millions of dollars in additional business that would otherwise have never materialized or would have been lost to competitors.

His knowledge, experience, and tremendous respect for the Sales Professional led to his being selected by NJEntrepreneur.com to be their Sales Expert.


"I have finally gained great control over the sales process in my firm."
Marc Blumenthal - Principal
Sax, Macy, Fromm

"Our staff has new confidence and much less fear."
Richard Magid - President
Soundboard, LLC

"I can’t remember the last time I heard, Boss – Our prices are too high."
John Fernandez - Owner
Signmasters, Inc

"Our sales went up 30% since we started with Danny’s program."
Jim Margiotta – President
PBI-Dansensor America, Inc.

You Make The Call:
Getting What Was Promised


Situation:
  Feedback from your customer of just over six months has been very positive.  When you initially closed the account, the customer held out a carrot --- additional business from two other company divisions --- as a negotiating ploy to obtain more favorable payment terms, which you provided.  You have yet to see any business from the other divisions despite your subtle hints.  What should you do? 

  • Drop some additional hints - but don’t press the issue.  Allow the customer to act on his own time.

  • Be assertive and remind the prospect of his promise and suggest scheduling a meeting to discuss the phase-in of the additional business from the other divisions.

  • Be very direct and inform the customer that if he doesn’t come up with the additional business promised, you’ll have to rescind the favorable payment terms.

Action:  Dropping hints hasn’t worked up to this point.  Dropping more probably won’t make a difference.  Threatening the prospect is likely to damage the relationship, which is presumably good and profitable. So, taking a middle-ground approach is the most appropriate. 

Let the prospect know you are serious.  You can be assertive without being pushy or overbearing.  You need to obtain a commitment to move forward with the additional business.  Your request might sound like: “Hank, we’ve been doing business now for just over six months.  The feedback I’ve received from you and other members of your company has been very positive --- everyone seems to be pleased.  My sense is that it’s time to sit down and discuss phasing in the business you promised from the other division.  When can we schedule a time to do that?”

© Sandler Systems, Inc. All rights reserved.


Don't Miss Our Next Complimentary Live Executive Briefing:

Friday - September 22, 2006
(click link above for more info and to register)


Missed Any Sales Tips? Visit my Archive


Did you know we are having a Live Event?
Don't miss "Sales Growth 2006"

Danny Wood Enterprises, LLC
201 Route 17 North, Suite 300
Rutherford, NJ 07070
Ph: (201) 842-0055
Fx: (201) 842-0789
Danny@DWESalesGrowth.com
http://www.DWESalesGrowth.com

Email created by: www.1WebPlus.com    |   Problem viewing this page? contact: SUPPORT