Sales Tip for May 2008 - Volume 3

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're invited to attend our next,
FREE
executive briefing ....

"Selling Success in a Down Economy"
(click above for more info
& to register)

Fri - May 16, 2008
8:30-10:30am

Never Manage Your Numbers;
Manage Your Behavior


Numbers, numbers, everywhere. Many salespeople invest significant time attempting to manage numbers -- contacts in their database, prospects contacted, meetings scheduled, proposals being developed, presentations scheduled, prospects with whom to follow up, and decisions that are (hopefully) forthcoming. They track, tally, and compute the likelihood of closing all of these numbers.

IT'S OUT OF YOUR CONTROL.
While the numbers may present a big picture of potential business, they are not controllable. And, if you can't control them, you can't manage them. You can't control how many contacts in your database fit the profile of your ideal prospect. You can't control how many prospects will be available to take your phone call. You can't control how many will be willing to speak or meet with you. You can't control how many prospects will have a need for your product or service. You can't control how many of the prospects who do need your product will have a large enough budget to accommodate the purchase.

There is so much that you can't control, you might think it's hopeless. But, it's not.

WHAT CAN YOU CONTROL?
The one thing over which you have absolute control is your behavior. You can control how many times and how frequently you pick up the phone and make a prospecting call. You can control how often you ask for referrals from prospects and customers. You can control how quickly and in what manner you follow up on leads and referrals. You can control how much time you invest researching your marketplace, your competition, and the needs of your customers. That which you can control, you can manage.

THE ANATOMY OF A SALE.
If you analyze your selling behaviors and sales activity history, you should discover a pattern. You should discover that it takes a certain number of prospect contacts, on average, to schedule one appointment. On average, a certain percentage of those initial appointments progress to the presentation stage. And, again on average, a certain percentage of presentations result in a sale. When you calculate the numbers, you will know what it takes from a behavior standpoint to close one sale. If you need four sales for the month, you can determine exactly what your behavior needs to be in order to hit your goal. If, for instance, your analysis indicates that you need 200 contacts to start the process that will result in four sales, you can identify the most appropriate activities for contacting prospects and schedule time to perform them.

JUST DO IT.
Once you have identified the appropriate behaviors required to reach your goals and you've scheduled time to perform them, then all that is left for you to do is to follow through. If you are committed to your goals, and you do the behavior, the important numbers, the ones that count -- closed sales -- will follow.

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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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