Sales Tip for May 2007 - 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.


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You Don’t Have to Like Prospecting,
You Only Have to Do It


When asking sales people which part of their job they hate or fear the most, invariably the consensus is prospecting. Many salespeople scoff at this and say they have no problem prospecting. Usually those are the ones engaged in marketing activities that they call prospecting- direct mail, fax, ads, email, etc. Certainly those activities are valuable but they aren’t sales prospecting. In most businesses that have salespeople, these activities won’t close a deal or even get an appointment. They usually generate interest and the salesperson takes it from there.

Sales prospecting is a one on one interaction designed to make a sale or get an appointment. Marketing activities should provide an easier transition into the one on one interaction but regardless, prospecting usually falls into three categories- cold calling, networking, and generating referrals. Once those three things are laid out, typically the scoffing salespeople retreat into their shell. Salespeople rarely like prospecting, they just need to do it.

So why is prospecting the most hated aspect of sales, even when marketing is effectively easing the process? It boils down to one thing. This is the part most filled with rejection. It’s the awkward start of a relationship with a stranger. When we meet with clients or have next steps with potential clients, we have some idea of what to expect. We’ve dealt with the person before and have some sense as to their personality and they have a sense as to how we work. The familiarity eases our tension. None of those cushions exist for us while prospecting.

So how do you make yourself do something you hate? The first step is committing yourself to doing it. Don’t let yourself make excuses. Then decide which prospecting technique works best for you. Be honest with yourself, what are you best at and what makes sense for your business? Don’t wimp out either. Many people hate cold calling and come up with any excuse to eliminate it from their list. If it truly doesn’t make sense or you’re terrible at it, don’t do it. However, if you’ve seen some results, keep at it. The calls will get easier to make over time because you’ll be getting better at them and seeing better results. Then quantify how much prospecting you need to do.

If you decide to do networking events then you better have a set number a month you plan to attend and a calendar of events. If you are generating referrals you need to have a plan for speaking with a certain number of clients in a month to see who they know that might benefit from what you do. Finally, make it public. No matter how hard you try you will cheat yourself if you hate the activity. Tell a friend, family member, or coworker that you can trust to hold you accountable to your plan. Devise a way to report to them on a set schedule to evaluate how you are doing. If you do these things you will have a successful prospecting mix. A successful prospecting mix means more opportunities and more sales.

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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

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