Sales Tip for August 2009 - Volume 1

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

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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Stop Selling and Start Managing Your Territory


How well do you know your customers?

So many salespeople are so busy "selling" that they don't invest the time to really get to know their customers. Are you one of them?

I'm not talking about knowing the names of the customer's children or remembering that one customer coaches his daughter's soccer team and another is an avid golfer. I'm talking about knowing specifically what motivated your customers to do business with you in the first place and what motivates them to continue to do business with you.

If you don't know - you'd better find out. Your best customers are at the top of your competitors' prospect lists. And, your competitors are looking for any opportunity to get a foothold if you're not paying attention.

So, before you do any strategic planning for growing your territory or expanding your customer base, schedule time to meet with your customers and review the relationships. The meetings can be informal: to thank them for their business and explore ways to better serve them.

Prepare appropriate questions to explore your customer's view of the relationship. At the conclusion of your meetings, you should be able to answer the following questions about your customers:

  • Why do they buy from you?

  • What value are they receiving that they can't obtain from one or more of your competitors?

  • What do they believe you and your company do particularly well?

  • What, if anything, would they like to see you improve on?

  • What do they tell your competitors who come knocking on their doors attempting to displace you?

  • What would cause them to jump ship and begin doing business with one of your competitors?

The answers to the questions will not only provide you with a plan for managing the accounts, but also help you shape a prospecting strategy for new accounts. After all, what is important to your existing customers is likely to be just as important to prospective customers, as well.

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"Prepared to Fight for More Business?"

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Thu - 8/20 | 11am-1pm

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Danny Wood Enterprises, LLC
301 Route 17 North, Suite 800
Rutherford, NJ 07070
Ph: (201) 842-0055
Fx:
(201) 939-0977

Dwood@Sandler.com
http://Dwood.Sandler.com

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