Monday, September 06, 2010 Register  Login  

 

 
Sales Quick Coach Designed for salespeople who want real world solutions to today’s toughest selling challenges.  Quick, relevant and actionable ideas for improving your results.
Sign Up Here to Recieve Weekly SalesQuickCoach Emails:
  
SalesQuickCoach
Author: Jim Lobaito Created: 10/14/2007 10:09 AM
Two Minute Timeouts to Improve Your Performance

Be Careful, You Might Get What You Wish For!
By Jim Lobaito on 8/3/2010 3:19 PM

Problem:  Every year in most major cities there is a road show consisting of prominent self-help gurus and other personalities who spend a day telling the audience how to feel good about themselves and improve their performance.  Most of the people in the audience are in sales.  No surprise!  Sales is a tough business, rejection is commonplace, and pressure to meet quotas can be unrelenting.  It’s no wonder that salespeople have attitude problems.  While these events are useful in temporarily motivating attendees, what happens after the motivators leave town?  After a few days, most folks are right back in the same mess as before, and little has changed.  So how can we make change pe ...

More...

Just the Facts, Ma’am
By Jim Lobaito on 7/6/2010 1:16 PM

Problem:  The results of a recent study conducted by The Sales Board confirmed what we have known for some time.  Prospects are speaking up about how they feel about salespeople who are less than professional.  We thought that you would like to see these statistics as they reinforce the need for a sales process and challenge you to improve your qualifying efforts.

Diagnosis:  The study showed the following startling facts.  Can you relate to them as a salesperson or as a buyer?

Fact:  82% of salespeople fail to differentiate themselves from their competition.
Result:  They lose the business, fail t ...

More...

Eliminate Mutual Confusion
By Jim Lobaito on 6/2/2010 7:41 AM
Problem: Ever go on a sales call where there seemed to be little structure, where both parties seemed to be on different pages, where expectations were not met, and little was accomplished? Even worse, you expected something positive to occur but simply got a luke-warm response such as, “I need to think it over. Call me in a few days.” Opportunities are squandered and the buyer seems to be in control.
 
Diagnosis: All too often sales calls are unstructured; objectives are not determined or communicated. Winging it seems to be the primary strategy employed by the salesperson. Assumptions are made that the buyer knows why you’re there and no clarification of purpose is needed.
More...

“Wow! I’m Good!”
By Jim Lobaito on 5/4/2010 12:54 PM

Problem: Despite years of experience, attendance at numerous training programs, and coaching from sales managers, many salespeople still fail to elevate their performance above mediocre levels.

Diagnosis:  Numerous factors can influence performance, but the most overlooked is attitude – how we feel about ourselves.  Unfortunately, our attitude about ourselves, our self-image (self-confidence or self-perception) is influenced by our performance in our da ...

More...

Instant Success?
By Jim Lobaito on 4/6/2010 2:28 PM

Problem:  Paul was an average performer in his company and marveled at the incomes and status of the top performers.   He had been to a few one-day seminars and read a book on motivation but it didn’t seem to be working fast enough for him and his motivation was decreasing.  He complained frequently and was thinking about moving on to a better opportunity so he could make more money.

Diagnosis:  There is a lot of pressure today to get results quickly.   The media publishes stories regularly of people who became "overnight successes" without paying their dues like most people.  People become programmed to think that if ...

More...

They’re Still Laughing Back at the Office
By Jim Lobaito on 3/2/2010 11:24 AM

Problem:  David got trapped by the prospect…maybe “squeezed” is a better term.  Here’s what happened.

His prospect was playing him off against the incumbent.  It’s a familiar ploy and it goes like this.  The prospect holds out the carrot by suggesting that the incumbent vendor is doing an “okay” job, but suggests that having an alternate (backup) supplier might be a good idea, “just in case.”  (Ever heard that one? Salespeople invariably assume that because the door of opportunity seems to be opening, the prospect must have some dissatisfaction with the incumbent.)  ...

More...

The Gridlocked Prospect
By Jim Lobaito on 2/2/2010 2:08 PM

Problem: You’re in that familiar, albeit uncomfortable, position of having to chase a prospect that told you they were interested.  But, based on their failure to commit, it appears that they are not.  Initially, they seemed very convincing in their interest regarding your product or service (as they nearly always are).  Since then your tactic has been to try to get their ear so that you can tell your story more convincingly, provide a comprehensive review of your features and benefits, and ferret out any objections that might be blocking the sale.  To that end you’ve been persistent and called them at least weekly, sometimes more.  But that effort has yielded no tangible results and now you’re fearful that yo ...

More...

Show Me the Money
By Jim Lobaito on 1/5/2010 2:51 PM

Problem:  Why is money so difficult to discuss? Salespeople frequently hear from prospects that budget is “no problem” at the beginning of the sales call.  However, once things start to get close, the story sometimes changes.  We’re told that we “have to sharpen our pencil,” “get more competitive,” or offer “additional discounts.”  And yet, once the sale is won, price seems to evaporate as an issue and pressure is put on the vendor to improve quality or service.  Often we hear from salespeople that money is the number one issue in getting and keeping the business.  We need to have more competitive pricing, better discount structures or we just can’t compete.  You’ve heard it all before.

More...

The Price Trap
By Jim Lobaito on 12/1/2009 4:51 PM

Problem: One of the most frequent complaints we hear from business owners, sales managers and salespeople alike is the following: "Price is the primary focus of the sale these days -- all of our prospects want the lowest price.” It starts out innocently enough. Buyers lead with questions and comments like these: "How much is it? Can you give me a quote?” As the sales discussion proceeds it gets more intense: "That seems like a lot.” or "Why is it so expensive?" or "I saw it for less." Salespeople often respond by cutting price thus giving away margins and commissions.

Di ...

More...

When All Else Fails, Become a Consultant
By Jim Lobaito on 11/3/2009 12:53 PM

Problem:  Have you ever run into a prospect that just doesn’t “get it?”  You’ve done your job well.  They’ve convinced you they have a problem that they really want to fix, you’ve determined that you’re in front of the person who can make the decision, and found out that they have the financial resources to fix the problem.  You’ve presented a solution that works perfectly and satisfies all the issues that they expressed.  But in spite of all that, they have decided to go with a competitor who has a less effective solution; perhaps one that really is a bad choice for them.  Every bone in your body wants to tell them that they are screwing up, but you just don’t know how to say it; so you walk away confuse ...

More...

  
FREE Download
FREE DOWNLOAD - Nine Steps To Getting Your Sales Force to OVER ACHIEVE
 Print   
Request Our FREE Guide

 

 Print   
Recent Entries
  
Archive
  
Search
  
RSS Subscribe
 Print   

 

Content © 2008 Performance Group
 Terms Of Use  Privacy Statement   
Home | Services | Testimonials | Event Schedule | References | Key Insights | Contact Us