Sales Tip for February 2010 - Volume 3

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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"Think It Over" -- A Ray of Hope or the Cloud of Despair?


A job well done
The procurement committee said that they were ready to make a decision and granted Dean 90 minutes to make his presentation. He explained the details for each point of his proposal. He addressed each of the committee member's concerns. He answered all of their questions and received a nod of approval after each answer. He asked if there was anything else they needed to see or hear from him, and they replied "no" and commended him on the thoroughness of his presentation.

Here it comes
Dean felt very positive about his presentation. Confidently, he asked for their decision. After some mumbling amongst themselves, they announced that they needed some time to "think it over" and promised to get in touch with Dean within a week or so.

What do you think? Did Dean get the sale?

A decision not to make a decision is a decision
When you request an appointment, attempt to close a sale, or ask a prospect or customer to take some action, you are asking for a decision - a commitment to do something or not do something. In short, a "yes" or a "no" and nothing in between those alternatives.

When a prospect decides not to decide, i.e., he gives you a "think-it-over," in whatever form it materializes, it is most often nothing more than a convenient disguise for "no." Prospects rationalize the indecision as a means of "protecting" you - letting you down slowly and not hurting your feelings. More likely, the prospect is protecting himself from having to explain a "no" decision. It's a means for avoiding a potentially uncomfortable situation ... for him.

Tell me "yes" or tell me "no"
When asking prospects or customers for a decision, let them know in advance that a "yes" is desirable, but a "no" is OK. That's right; a "no" is OK. When you give prospects permission to say "no" and make it very clear that "no" is OK, they are less inclined to disguise it with some from of "think-it-over."

Sooner or later ... you choose
When interacting with prospects and clients, your objective is to uncover the truth, even if it's not something you want to hear. After all, if it's going to be "no" - the prospect isn't going to grant you an appointment, your customer isn't going to buy the latest promotion, or the prospect isn't going to become your next customer - wouldn't you want to know sooner rather than later?

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Back by Popular Demand & As Reported on NorthJersey.com - January 3rd 2010

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Negotiating with the Savvy Buyer
Friday, Feb 26th 2010
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Call (201) 842-0055 or Click

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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