Sales Tip for October 2009 - Volume 2

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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Don't Make Waves When You Can Make Ripples


Building a successful selling career isn't about making waves - making big sales. Selling is about developing relationships that produce streams of ongoing business and referrals. And often, those relationships start with a ripple - a small sale.

For many salespeople, chasing big sales that would propel them to the top of the sales charts has been their downfall. Those big sales are typically too few and far between. And, narrowing their focus only on the big sales creates two patterns of behavior that ultimately diminish their success. The first is wasting an inordinate amount of time chasing opportunities that most often don't come to fruition. Unfortunately, the more time they "invest," the less likely they are to let go even when it becomes
clear that the opportunity has stalled.

The second destructive behavior is forgoing other opportunities that may not measure up in terms of sales revenue or commission (at least when compared to the expected payoff of a "big" sale), but do have the potential to establish new relationships and lead to additional sales, and perhaps a stream of future business and referrals.

It's easy to become seduced by the potentially big payoff of a big sale. With one or two "wave makers," you satisfy your quota and reach your income goal. It's much harder, and takes more discipline, however, to focus on smaller sales as a means of reaching your goals. But, there are significant benefits - financial and emotional.

When you are concurrently developing several ripples rather than counting on one wave maker, no single opportunity represents a "life or death" outcome in relation to your sales quota and commission. Consequently, you are less likely to become emotionally invested in any one opportunity and more likely to be able to make objective decisions about the quality of the opportunity and your chances of closing it in a timeframe consistent with your goals. If an opportunity doesn't measure up, letting
it go doesn't leave you empty - handed. It simply frees up some time to find another opportunity. And, because you have other ripples in development, you can find that opportunity without the pressure you would likely feel if the one, and perhaps only, opportunity in your pipeline to which you had pinned all of your hopes had just fallen through.

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Ready for a Cold Calling Boot Camp?
(Cold Calls Shouldn't Make You Sweat)

Stressed ManOctober 22,2009 - Join us for a 4hr intense workshop designed to bring results!

Workshop attendees will be learning some of the most successful telephone techniques available today - techniques you can implement immediately to see real results - fast!

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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