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Continuous Sales Improvement | Sales Process Audit to Boost Sales

Continuous Sales Improvement | Sales Process Audit to Boost Sales

What is a Sales Process Audit?

You know there are 100’s of sales levers to improve sales results, how do you know you’re working the right levers to get the sales improvements you need?

The truth is you don’t always know, it’s more intuitive, its worked in the past, it seems to be working now, you read about it in a book…

Sometimes sales improvement is just 100 of mini things rather than a few big things that are done differently

But the question is, just where do you start?

Start Here! The Sales Insight | Sales Process Audit

Just hit the link above for full details.

But Why Should I Get a Sales Process Audit?

Well that depends on you, so I’ll share some of the reasons past clients invested in Sales Insights for their business:

Software client:

Problem: dramatic drop in sales after a long plateau, is a subscription product so recurring revenue took a hit

Discovery: they’d recently invested more focus, energy and money on new business development than customer ervice and retention, ex customers were starting to talk and their credibility was shot.

Solution: power up your customer retention

Business Solutions Client

Problem: loosing 100k+ per month

Discovery: their average sales order value was just 20% of their competitors, they didn’t focus on specific sectors so message was all over the place, sales guys were diverted between sales and new business development as well as account management

Solution: create separate functions for new business development and account management, pick 3 red hot niches and get s robust ROI to demonstrate value, restructure the management team – average order value after 5 months was x5, and team had stopped loosing money

Professional Services Client

Problem: Client retention, poor margins

Discovery: commission structure stopped paying out at 3 months, coincided with biggest client drop off, poor pricing skills based on being unable to demonstrate strong value based ROI

Solution: changed commission structure to reflect a period where the sales person could hand over to customer services/internal team, introduced sign on costs and bulk buy packages, tighter terms and conditions for long term block usage, improved skills on pricing and relaying pricing information and packages.

Could All These Firms Improved Without a Sales Process Audit?

Yes.

Maybe.

Eventually.

Worth the Wait to Find Out?

That’s your call…but why risk it.

Book you Sales Insight Now

To discuss how you’d like to improve your sales results, the functionality of your sales team or simply take your competitors out for a walk next quarter – call Carol on 0779 002 1885 or email carol@mortonkyle.com

To sign up for free sales and business development insights – hit the link – The Advanced Business Achiever – and claim your free subscription.

A sales process audit is your key to releasing the infinite potential within your sales team…so why wait?

How High Performing Sales Teams Close More Sales

How High Performing Sales Teams Close More Sales

High Performance Sales Closes are like Unicorns.

They exist, but no-one has ever seen it. Yeah, you know it.

And the truth is – really successful sales people ask for the business, of course they do, but they never, ever hard close, because they just don’t need to.

High Performance Sales Pro’s 

Have a totally different way of closing more sales.

They simply don’t rely on the close. Not at all.

They don’t ask for the business until they know the answer will be YES!

In fact, some of the sales high flyers will wait for the buyer to ask…where do I sign?

Are you asking yourself just how do they do this?

They angle their prospect interaction so that the buyer is begging them for the opportunity to buy. Talk about turning the tables.

You know what also happens?

They close faster.

Typically discounting less.

And they close more sales, more often.

High Performance Sales Closes Rely on One Thing

And it’s not the close!

Think of it like this…

Your ability to create a ‘sales no-brainer’ for your prospect is directly related to your sales success.

If it’s not a no-brainer it won’t be a fast, easy close. In fact, it might not be a close at all.

So, now your sales pitch is not about closing but it is all about creating a no-brainer!

If you can create a situation where the buyer has to conclude – ‘well, I’d be mad not to do this’ …then you have an order. Typically an order on your terms.

That’s how to he a sales super star.

How close to ‘no-brainer’ are your sales pitches?

Because close just doesn’t cut it.

Selling ice in a hot place – name your price. That’s no-brainer.

Even the national/state lottery…for some people, it’s a no-brainer to buy a ticket. Sure the odds are crippling, but for such a small amount, it’s worth a go. Plus it’s easy.

So, is your sales pitch a no-brainer for your prospects?

Then don’t bother wasting their time.

You’ll do far more harm that good.

You’ll be entering a competitive sales race that will exhaust you and tie up your resources with no guaranteed reward.

Why would you do it?

The 5 Key Element of a No-Brainer Sales Pitch

You must show the prospect/buyer:

  • A ROBUST ROI for your product/service
  • The true cost involved in him saying no to you
  • How his current thinking can be improved. To do this you need to respectfully challenge him so as to reframe your product/service as the solution
  • An easy way to do business with you
  • How your product/service is without competitors

If you can’t do all of these, at the very least, then you’re just one of the many mediocre sales pitchers out there.

Don’t be those guys.

High performance sales closes don’t exist. High performance sales people do. It’s your choice.

What Next?

You can join us on our next Sales Improvement Workshop. This is run as an open course and also as a bespoke inhouse course, onsite sales training on a day to suit you.

Or if you’re looking for a sales process and sales methodology training to embed in your own business, then check out TurboCharged Sales.

And finally, if you’ve no idea where to start but you know you need to improve the sales results within your business, book our Free Sales Health Check

And, if you’re struggling to sell because of buyers going AWOL after you’ve sent the sales quote – don’t get caught out – read How to Follow Up Sales Quotes

There are no magic high performance sales closes that will totally change you sales results, because that sort of change needs a change of heart, mind, positioning and the skills to influence and persuade.

Happy Selling

Carol

carol@mortonkyle.com

0779 002 1885

Free Sales Health Check | Book Now

Free Sales Health Check | Book Now

The Free Sales Health Check – Your first step on your road to sales clarity and focus.

Book now for your Free Sales Health Check

If you’re struggling to see the real potential of your sales team…

When you’re tired of wondering if your expectations are too high, or if the market is really that tough…

If you feel your sales team should be delivering at a higher level…

Or maybe it’s as simple as you know something needs to change in the sales team, but you just don’t know what or where to start…

Worry No More | Book your Free Sales Health Check Now

I focus on looking at the easy wins in your sales team. After all this is the home of the 30 day Fast Track Sales Improvement plan and the Plug and Play Modular Sales Improvement System.

I’ve found, over 25 years that Sales improvement need not be complex, and it rarely requires drastic action.

But it does involve you knowing what’s  causing your sales problems.

Because once you know that, you can apply your wisdom and knowledge, and considerable focus to solve the issue/s.

That’s where your free sales health check starts.

Book Now

It’s two hours…to discuss any sales issues you have.

You can send across anything you need pre-event.

We can focus on a very specific issue or sales performance in more general terms.

The choice is yours. All yours.

In total confidence.

And there will be no sales pitch – this is a free exchange of information.

Just call 0114 236 1221 or email carol@mortonkyle.com

Why?

I’ve spent the last 14 years doing mainly sales turnarounds, sales builds, sales rescue and sales improvement programs, training sales teams in highly competitive environments, structuring sales teams, sales functions, sales process and sales strategy.

Now I have lots of sales insights and I need to commoditise those, but first I need to understand what some of the biggest sales challenges are out there, for firms in all sectors, all sizes and all ages.

So you see, you’ll be helping me as much as I’m helping you.

Fair? I think so…do you?

Terms 

For the reason above, this is a very limited offer and may be on offer infrequently as the business transitions, however, I aim to engage withing 24 hours of receiving your booking request, and aiming for the consultation to take place no later than one week after we set a date.

If you’re still thinking about it…pick up the phone anyway, 10 mins and we’ll know if it is worth your time.

Just call 0114 236 1221 or email carol@mortonkyle.com

Whilst you’re thinking, here are some of the subjects we’ve covered recently: how to roll out price increases when the competitors are discounting, how to recruit better quality sales people who stay longer than 6 months, how to remove a long serving sales manager who’s not responding to the needs of the business, how long to give a new sales team before starting formal performance management, what should a good commission structure look like, increasing activity levels without everyone claiming over work, qualifying great sales prospects, what should a good sales process look like…

What do you want to talk about?

Sales Improvement – 6 Ways to Amp Your Sales Results on Zero Budget

Sales Improvement – 6 Ways to Amp Your Sales Results on Zero Budget

What is not having a system that delivers predictable sales results costing your business?

Every firm is seeking continuous sales improvement. They would like to achieve that on zero budget. Every firm seeks predictability and stability.

It’s the Holy Grail because once you’ve cracked that formula for your sales lead generation and closing, then you can simply plug and play and collect the cash. Simply put your sales process delivers great sales results consistently. Primarily due, to a large degree, to you removing many of the failing and costly variables in the sales process variables.

The result? Predictable sales growth, high level of sales stability, fewer peaks and troughs. Plus higher levels of confidence in the future…exciting times? You bet!

And it won’t cost you, because you’ve probably already got all the resources you need…it’s the application of those resources that’s causing the gap.

It why so many firms miss out on implementing the key elements of a predictable sales system!

It’s costing them, and maybe you, fortunes, every single day. Business is sitting on the table or even worse dropping into competitors laps way too easily…and what’s even worse is that margins are being compromised on sales that are landed.

Predictable Sales Results and Continuous Sales Improvement

I’ve completed two quite intense sales audits this month and something struck me as quite odd.

Whilst writing their respective and separate 30 day improvement plans, I saw more than a few common elements between the two firms problems. The common elements existed even though the sales teams operated in different industries, selling different products, each firm operated at different price points and are selling in to different decision maker levels.

What was even stranger was the key common elements existed even though one firm was doing ok, but had plateaued, whilst the other sales function was in a real long term sales dry patch.

Despite all of this the root causes were essentially the same.

The question is; are they the same for your business too?

So What Does That Mean?

Very few firms go from soaring success to total sales nose dive over night. Maybe occasionally if there is some disaster or unplanned legislative changes, so I can can accept that depressed sales performance is a spectrum that can slowly morph from a plateau to a dip to a dive to insolvency…

However, this doesn’t distract from the fact that there are critical success factors. It is the absence of these critical sales success factors that sets of the chain of events that see sales results start to slip and then dive…

Predictable Sales Results – Is Your Sales Function In Danger?

When you look at this list below, just remember that any sales function can address these issues immediately. Remember that providing your take quick action you’ll see some sales improvements.

I hope the list gives you food for thought, and also a cause to take action if you’re seeking predictable sales results and the huge benefits associated with such predictability.

How many of these easy to fix sales improvement options are available to your sales function, and what could your sales results be if you looked at implementing just a few over the next month?

Don’t try to do all of these at once.

You’ll get on everyone’s nerves and be the sales dictator that no-one signed up for. Just pick two or three and see what happens:

  1. Look at your sales management information at least half daily…personally I like hourly because that way there can be no slippage…but half day might work for you. This does two things. Firstly, you get an opportunity to praise high activity/high results success. You get to ask questions and unblock any issues with the rest of the team. Without a decent level of activity, everything else is meaningless. Get on top of activity and stay there. Which does not mean managing the team by numbers – any monkey can do that – look at their conversion rates, look at the meaningful outcomes, look at who is closing, advancing sales and who is simply going through the motions.
  2. Don’t confuse talk time or client facing time with selling time, review the selling process. Are sales execs qualifying hard enough? Closing soon enough? Educating, questioning, advancing the sale fast enough? Are they having an easy chat and picking the low hanging fruit?
  3. Get embedded in the team – the fastest way for any manager to change the sales performance of the team is to start a high intensity side by side sales coaching program. Don’t think you can do 3 or 4 hrs per day sat coaching the team? Of course you can! get your mobile device so you can work any where and simply plug in. Nothing better than someone listening in to really get a sales person to up the game, and you get the chance for immediate 1:1 feedback. Win!
What Next?

The top three issues should bump your sales results considerably…but there are three more I want to share with you:

  1. Pay attention who the sales execs are pitching to…the number of sales execs that pitch to gate keepers in the hope they will put them through is a shocker (but they need the talk time right? of course, that’s why side by side coaching is so important). It’s also important that your sales execs don’t try to be Idiot Converters
  2. Have a performance improvement plan for everyone, (I call it a sales coaching plan) and just as the doctor leaves your notes at the end of the bed during a hospital stay, fill in the daily report card on what needs to improve daily due to your coaching and guess what? You’ll see fairly rapid sales skills improvement, and the inevitable knock on affect of more sales, better quality sales…in less time.
  3. Don’t treat your performers and your non-performers the same…I’m not explaining this further, you’ll know what I mean by this
So Will You Get Predictable Sales Results?

You’ll be well on your way.

Building a business development, lead generation and sales closing system that delivers predictable sales results is not just 6 bullet point.

The points above are 6 key reasons why firms DON’T get semi predictable sales results, and are in a sales slump/dive.

Don’t ignore the obvious.

The market is no tougher for you than anyone else.

The buyers are no more exasperating with you than your competitors

The economy is not penalising you, it’s impacting all.

Don’t listen to it.

Take control of what you can control (click here if you’re totally out of control or heading that way…) and you’re well on your way to predictable sales results…

Happy Selling

Carol

0779 002 1885

carol@mortonkyle.com

P.S. Want to receive a regular feed of sales improvement and business development tips? Then simply claim your weekly free (and span free!) subscription to The Advanced Business Achiever. It’s great for sales meetings, in house sales training, daily coaching and daily huddles…

P.P.S. If you’re looking for a way to create your own internal sales and business development system to predictable sales results…you can find that here TurboCharged Sales 

And if you want to book your very own Sales Audit – hit the link here for more details. Or give me a call for a confidential chat 0779 002 1885

So, lots of ways to get predictable sales results…let me know how you get on

Anyone Seen My Buyer?

Anyone Seen My Buyer?

Chasing sales quotes, that all important following up the sales quote, now let me ask you this: how much of your very valuable time do you waste chasing sales quotes? 

How much does it wind you up that you even have to chase sales prospects to place the order once you’ve done all the hard work?

Why do buyers make sales follow up so hard for you?

Once you’ve gone though the whole sales cycle.

When you know the sales prospect has a reason to buy from you.

When you’ve done a benefits analysis.

Presented the Return on Investment for them.

Then they disappear.

No response to your sales follow up…

Gone.

Straight off the face of the earth.

Plus, your sales forecast now looks like fiction. Better yet, your sales manager is looking at you like your desk belongs to someone else, or will do shortly!

All because the buyer didn’t play ball when you followed up your sales quote.

We’ve all been there.

It’s a reality with a real pain point for lots of sales people at some point in their career.

Following up the sales quote should be the easy bit…right?

Nope. Think again!

Consider this:

What percentage of your sales pipeline and your sales forecast just disappear into the sales black hole every month, or every quarter?

How many good solid deals sales orders you thought were nailed on,  actually just fail to make contact with you when it comes to signing and getting the order form back to you?

And how much time, and how many calls do you make chasing deals you know you should get, if only the buyer would do their bit as agreed?

And what would it mean to you to be able to get rid of this problem once and for all?

Curious?

Read on, because chasing sales quotes should be the rarity not the norm. So if you do find yourself being ghosted by your buyer when chasing sales quotes, then something needs to change.

Fast.

Chasing Sales Quotes: The Truth About Following Up the Sales Quote.

It’s a job you have to do. Chasing the sales paperwork is part of that job, but really, should you need all those phone calls, the emails, the conversations with their secretary?

But you console yourself because this is the final sales push, you simply have to do it because it’s the last thing you need to do before you get the order.

And, its a quick call. How much trouble is it to place a quick call to follow up that sales quote?

You’ve done all the hard work, you just need to clear the paper work and get the signature.

Blah, Blah, Blah, Blah, Blah…..

But you know what?

I hate it.

I hate it when a sales person tells me they’ve sent the quote and will chase tomorrow.

Even more, I hate it because at that point I know (and the sales person knows) that the buyer might just go AWOL.

And that the best follow up to the best sales quote might still come to nothing.

It happens.

Now, ideally, you’d have closed on the day (making the sales follow up redundant), got the order form signed, shaken hands and just scanned a copy to the buyer for their files. That’s how it should be done.

But, sometimes that’s just not possible.

So the buyer has a chance to disappear!

All you hard work hanging there…and you’re still chasing sales quotes, getting zero response.

It’s Not Always Bad News…

No, of course not. Some sales prospects do really get abducted by aliens. Others find a new religion. Some win the lottery and some even (I know this is tough to hear) will go with another provider…

But the truth is the disappearing buyer is such a pain because it’s cost so much to get the buyer to that stage of quoting.

You see, the buyer is bailing at the wrong end of the sales funnel. The expensive end!

By the time the sales prospect is at this stage in the sales cycle they have cost you a small fortune, plus lost time and depending on your average sales order value and the duration of your sales cycle, they may also have cost you an  unidentifiable sum in terms of opportunity costs…

It’s a nightmare.

The skill – to save time, sanity, money is to get the buyer to bail early on, so if you are following up sales quotes then you know your dealing with serious buyers, professional buyers who are on the same page as you, respectful of your time and efforts.

The second nugget…is give yourself the choice to decide the sales prospect is got of good character, likely to disappear, and attune your sales actions accordingly.

And make these decisions early.

The earlier the better.

Right at the beginning of the sales process ideally.

That way, you’ll know, that by the time you have the buyer at the chasing sales quotes stage, that you are actually both on the same page.

And you won’t need to do any chasing at all!

How to Avoid Having to Chase Sales Quotes EVER!

It’s simple.

Just put yourself in a position where you don’t need to be chasing sales quotes. Just stop it!

Check this out. It’s our Sales Improvement Workshop – How To Sell a No-Brainer – How High Performing Sales Teams Close More Sales

Because it’s the fastest way to discover how to avoid putting yourself in a situation where the buyer can give you the runaround. Ever again!

And listen up because this is a key area where sales people create their own living hell.

Stuck in a loop of following up sales quotes, chasing sales prospects who are avoiding you, distracting you from filling your sales pipeline, progressing good prospects through your sales funnel.

And, you can avoid this pitfall so easily, just by giving yourself sales information and choice.

For example, some sales people, not you obviously,  take sales prospects through the whole sales process, investing heaps of time, money and wisdom, when the prospect REALLY should have been rejected at the beginning of the sales process.

Yep, some sales people don’t ask the tough questions at the beginning of the sales process. The tough but fair questions that would define the QUALITY of the sales prospect.

For some reason, they feels it’s ok to load all the hard sales graft until the end of the sales process…crazy! Don’t put all your focus on having a great sales quote follow up process right at the end of the interaction.

Qualify that sales prospect in or out the sales funnel. Right at the very start of the sales process. Before it’s too late.

Don’t be one of those hit and run sales people who don’t use BANT as often, diligently, effectively as they should.

Because you know what?

Following up sales quotes is high risk. It costs lots of money. And it’s not always successful.

AND a serious buyer is expecting you to ask those questions in BANT!

As well as many other information gathering and sales profiling questions.

And you lose heaps of credibility with the sales prospect when you DON’T ask those questions.

If you’re not asking those qualifying sales questions of the prospect, you’re telling him you’re not serious about your role, so you’ve given him permission to not be serious either!

Think about that. You’ve given the prospect permission to yank your chain and mess you about!

You’ve given him permission to ignore you when your following up the sales quote.

Why would you do that?

At the very minimum, the absolute minimum, you should use BANT.

Sales people who don’t BANT, or they BANT weakly, which means just checking the prospect has a pulse! (for more details on BANT hit this link – More About BANT), typically complain the most about their buyers going AWOL during the sales process.

Sales people are masters of their own fortune…if only they chose to exercise that right! And that doesn’t mean chasing sales prospects who don’t think you even deserve a response!

Look, even when some sales people that do BANT, uncovering a less than perfect prospect, they will often put up with less than perfect answers because they fear what will happen if they get stringent with the sales criteria they use….oh no, an empty sales pipeline!!!

Nightmare.

But have some self respect here. Protect you, your time, resources, skills.

So, instead of a night mare instead I prefer to look on it as a blessing, because now  we know that, we all focus our time and attention on Perfect Prospects and leave our competitors to pick up the ‘almost fits’.

Let the competition take the costly risky prospects and try and make them fit.

But some sales people see being choosy about who they sell to as bad news.

I don’t, I just see it as now I have free resource to invest in worthy prospects…

In a nutshell…if your prospect is going AWOL after you’ve done the hard work, then the buyer was never really a buyer. The prospect was never really serious about buying. And, all you’ve done is educate him.

Do you get paid for being an advice line? Is that how you earn your sales bonus?

You made a bad prospect call and you’ve wasted your time…and you won’t get bonus.

What more incentive do you need to change your mode of operation and get wise to the time wasters in your sales funnel.

Oh, and your sales pipeline is falling apart around your ears (sound familiar?) Well, it just adds insult to injury.

Sales Winner Don’t Waste Time Chasing Sales Quotes

Sales Winners close hard on the day and then leave it.

When sales winners close hard, they know that the buyer is onside and is serious about buying.

Plus, when sales winners close hard, their buyer is expecting them to close hard. The buyer is serious too, he expects the sales person to be the same.

Chasing sales quotes excessively is for losers. Just remember that.

Why would you want to sales stalk a prospect who had no interest in engaging with you?

Are you a Sad Sales Stalker?

Sales Winners read the signs and move on.

But you can only do that if you’ve closed hard all along the sales process.

Following up each of your prospect contacts with some level of mutual advancement towards the logical conclusion. An order.

Because a sales close doesn’t happen at the end of the sales process.

Closing a sale happens all through the sales process – from the first interaction and in every interaction. Moving commitment on at every step, sales advancement at it’s best (as opposed to ‘just touching base’)

You can only do a hard close if you’ve made one unshakable decision. You’ve decided and committed to qualify at every stage of the sales process.

This alone means you’ll never be left with handfuls of sales quotes to follow up.

Have you been closing hard all through the sales process?

Do you close at each stage so that the buyer understands what you’re doing?

Chasing Sales Quotes and Winning

This process of continual qualification relies on you knowing the following very early on in the sales process

  • That your buyer is the sign off guy and not the influencer/referrer
  • Your Buyer will line up the budget he needs to buy from you
  • The buyer is suffering from a problem you can solve, and therefore has a big need
  • That you have the skills and backup to solve this problem better than anyone else that the buyer is talking to
  • That the buyer’s need is sufficiently painful for him to invest money in having you provide a solid solution
  • Where they need to sort a solution within a predicted time span because the cost of not doing this would cause even more pain and increased financial cost
  • That they have an ideal time frame for solving the problem, and satisfying the need
  • When they have shared the decision making process with you
  • They’ve shared the buying criteria with you
  • So that you understand the stakeholders involved, their agendas, the potential competitors, and any external factors that could disrupt the buying process
  • Where you understand the criteria your solution will be judged against…and by whom, and when
  • That you understand what event/s could disrupt the buying/decision making process

Here’s a sobering thought…if your buyer is not prepared to share this information with you, then you’ve got yourself a tyre kicker. You deserve everything you get if you pursue the sale…feel free to wrap up as much wasted time as you like in following up worthless sales quotes

If you haven’t got the bottle to ask the tough questions…again, you will suffer the consequences of that course of action, so see above

Disappearing Buyers Go AWOL For a Reason

Don’t let the reason your buyer goes AWOL when you’re chasing the quote be because they used your proposal to batter down the quote from their incumbent.

Or they used you to yank their current supplier back into line

Maybe, they just wanted to pick your brain.

Or maybe the buyer wanted to pass your quote to a competitor.

Maybe even worse, just thought it might be interesting for you to pull together all the info they needed to inform the board regarding what solutions are out there…

Now if you fell for any of those buyer tricks – you really are a mug.

Get yourself booked on How to Sell – How High Performing Sales Team Close Business

If you’re investing in the buyer and the buying/selling process, make sure it’s not all one sided and you’ll never need to chase a sales quote ever again.

Happy Selling

Carol

0779 002 1885

carol@mortonkyle.com

P.S. you can subscribe to our free Advanced Business Achiever. You’ll get weekly sales and business development insights directly into your inbox (all SPAM free). It’s great for sales coaching, sales mentoring and sales training, daily briefings. Just try it out, just hit the link, there is an unsubscribe button if it’s not for you…

P.P.S. if you’re looking for sales training or sales support to increase your sales team results – call for a confidential chat…

And if you really want to increase your sales results – check out TurboCharged Sales and I know chasing sales quotes won’t be an issue for you…

Final chance – Don’t Be a Creepy Sales Stalker … 

Instead spend your time chasing sales quotes that are worth it, and get rid of following up sales quotes just because you didn’t qualify hard and fast at the beginning of the sales cycle.

Sales Skills Training Course | Sheffield

Sales Skills Training Course | Sheffield

Sales Skills Training Course – Join us now – just one day to boost the sales results in your business. You’ll learn how to increase sales conversion rates, shorten sales cycles, and ultimately increase turnover and sales margin.

Hit the link – The Sales Improvement Workshop

This is the only sales skills training course to define the relationship between key sales skills, daily sales activities and their relationship with success.

There are 10 key reasons why sales don’t close.

This sales skills training course addresses every single one of those reasons, so you get to close more sales, more often and with greater margins.

There are daily sale activities that boost sales and sales activities that stifle sales.

Find out how to do more of the former and less of the latter.

And, if you’ve ever wondered what it takes to become a high performance sales person, now is your chance to discover if you’ve really got what it takes.

Sales Skills Training Course – All for just £97 per person (+vat)

This is the fastest way to reset your sales skills, review your sales ambitions and refocus your attention of what it takes to be a sales closer, because if you don’t do it now, then when will you?

Sales Skills Training Course

Ask any business leader about the relationship between the sales activities and sales results.

Ask about the business development skills of the sales team and the sales results of the business.

They’ll all tell you there is a very direct,  important and ultimately business success defining relationship between daily sales activities, the level of skills and motivation of the business development effort and the turnover and margin achieved in the sales team.

You’ll not find a single sales leader able to disagree, because they all know. Some activities and skills sets yield positive sales results, some suck sales out of the business.

The key is knowing which is which!

You’d be surprised.

Here’s another thing they’ll tell you: that if they could fully realise the extraordinary sales potential that exists within their team then they could dominate their sector, and smashing target would never be an issue.

You’re probably the same?

All that sales potential. Sat in your offices. All costing you a small fortune. Some performing. Others performing not so much.

All that sales potential, just waiting to be set free.

What would that look like for you? For your business? Your industry reputation?

Find out here – start your journey today, because if you don’t sign up, then you better hope your competitor don’t sign up either – The Sales Improvement Workshop

Just 1 Day – The Sales Skills Training Course to Improve Your Sales Skills and Sales Results, Sales Motivation and Drive.

Spend just one day attending the Morton Kyle Limited Sales Improvement Workshop and discover everything your need to DO to make sure sales targets are smashed.  See how to get sales conversion rate climbing, where you’re no longer having to discount to get the order signed because you don’t need to.

Just like you won’t need to waste your time with unprofessional buyers who mess you about, because you’ll be too busy. Too busy serving the needs to people who see just how much value you bring to their organisations.

This is the sales skills training course to radically reprogram how you think about selling. Discover how YOU sell best and ultimately, how much you’ll earn for your self, and your business.

If you’ve ever wanted to find out how much you could really bill if you fully realised your sales potential, then this is the sales and business development training course for you.

Discover if you’re got more to give in your sales career.

You see, sales potential is great to have but it won’t get you very far. Whether you’re a sales person, a sales team or a business, your sales potential will never make you rich. At some point you have to release that potential. You have to DO something with it…

Here’s your chance.

Reserve your seat now – The Sales Improvement Workshop

Sales Skills Training Course

Don’t wait. It gets filled quickly.

Here’s how you sign up to reserve your seat now, because if you don’t do it now, when will you do it? The Sales Improvement Workshop

To run this course for your sales team internally as a closed bespoke/inhouse course – hit the link – Fixed Price Sales Training 

To discuss a bespoke sales skills training course, sales improvement and business development course for your sales team email carol@mortonkyle.com or call 0779 002 1885

Happy Selling.

Carol.

carol@mortonkyle.com 0779 002 1885

p.s Are you looking for regular Sales and Business Development hints, tips, training, success stories and how to fact sheets straight into your inbox (all spam free) weekly? Check this out – The Advanced Business Achiever 

p.p.s. Need a Sales Improvement Program to embed in your sales team and your business – check out TurboCharged Sales . The 21 day step by step guide to boosting sales performance on a rinse and repeat cycle.

This sales skills training course is designed to up skill existing sales professionals. It will bring structure and discipline to new sales reps. For all levels of sales teams it will boost motivation and confidence.

The Sales Improvement Workshop is the sales skills training course to clarify the relationship between daily sales activities and sales success.

Three Sales Myths That Cost You Sales – BUSTED!

Three Sales Myths That Cost You Sales – BUSTED!

Sales Insight

Every business leader craves real, meaningful and timely sales insight. If that’s what’s bough you to this page then check this out

Meaningful sales insight is so important, especially since much of the information floating about will leave you mired in superstition and folklore…not so good when you’re aiming for sales improvement.

I’m a scientist at heart. That means all things are semi-predictable and there is typically a cause and effect at play somewhere along the line, you’ve just got to dive in far enough to find it.

That’s why sales myths like this just blow my mind (and not in a good way) so here they are – busted once and for all.

MYTH 1: It Takes 7 Touch Points to Make a Sale…

Sure if you’re THAT incompetent…hell, let’s make it 25 and really over egg the pudding.

First Fact – the longer the sales cycle the greater the chance of the competition joining the party. That what you want?

Second Fact – with more touch points, I guarantee, you won’t be increasing the sense of urgency, you’ll subconsciously telling the prospect he’s got all the time in the world.

Third Fact – who has that much time to WASTE?

Fourth Fact – ok budgets are on hold for specific release dates, decision makers are sometimes wrapped in endless buying criteria cycles and decision making nightmare. BUT…if your sales contact plan is predicated on 7 touches you might be giving the sales cycle just a bit too much time

Sales Insight 1: Understanding the decision making process and the buying process is key to shortening the sales cycle.

To find out how to REALLY SHORTEN the sales cycle, kick the competition out and engage the prospect in the SHORTEST possible time – check this out

MYTH 2: There is Less Competition in the Extra Mile

You’ll all have seen the stats claiming that most sales people give up after 2 follow up attempt. The same stats that claim most orders are placed after 12 follow up attempts. Is this true?

So what do these stats actually tell you?

  • Some sales guys are cut and run merchants?
  • Sales guys are super hot at qualifying and have made a commercial decision to ditch a prospect who’s not worth the time/effort investment?
  • Some ales guys can’t invoke prospect urgency and curiosity in any shorter time frame?
  • Some sales guys are stalkers? (12 follow up calls and I’d be changing my telephone number if I were the prospect!!!)
  • Prospects are just playing the long game?Trying to get the sales guy to panic and drop the price (‘cos that never happens!!!)
  • Sales guys can’t close!

Any, all, some, none of the above could be true.

But, based on 20 years experience let me tell you what I know:

  • Most sales guys don’t know how to shorten the sales cycle, and this is simply because they often don’t think to, which means they don’t ask for the buying criteria or the decision making criteria before they invest their valuable time in the sales process.
  • Sales guys who maybe lack a little focus and who don’t love new business development typically fall in to the Sales Stalker camp. It’s easy there, they feel busy, they can boast about the value in their sales pipeline…
  • Prospects are not always fast to make decisions – that’s why having the sales person create urgency is sooooo very important.
  • Some sales prospects will drag their heels because they just KNOW that it’s the fastest way for the sales guy to get nervous and drop the price (smart prospect huh?)

Do I believe the stats? Maybe…

Do I think it’s good use of a sales persons time to chase 12 times? Rarely…

I’d rather have a process that didn’t rely on that…if you’d like the same process – check this out

Sales Insight 2: Getting in principal decisions/agreements at every stage of the buying cycle/decision making process is critical to ensure your buyer is not simply a chattering head with no intention of committing.

MYTH 3: Sending 20 Sales Emails is as Good as Having 20 Decision Maker Sales Conversations

Internet businesses are springing up all over, telephone numbers are disappearing from websites, everything is done via a contact form or an email.

Why is that important? Well these firms boom, record sales, mega growth and wow. All supposedly on the back of email and online interactions. That’s amazing.

And it’s turning the heads of B2B sales people because they got to thinking that people buy from emails, that people will read 12 page email brochures, that buyers click a few buttons and send the purchase order.

Oh if only.

Sales guys think a great email is as good as a great sales conversation. NO WAY!

I’ve seen good sales people fail miserably because they forget (displacement activity) to pick up the phone every single chance they got. I mean really tanked. Off a cliff tanked.

Likewise, I’ve seen mediocre sales people smash sales targets because they worked the most effective sales channel harder than their email writing, social media surfing, LinkedIn connectors!

Sales Insight 3: Look – both routes work. But neither route works to the exclusion of the other.

Sure, social media is great for research, relationship building, building highly qualified lists of prospects. But it’s the sort of activities that can be done at any time, BUT not during core selling hours and not to the exclusion of picking up the telephone.

So What?

I did a sales audit last week. Some sales guys were spending as little as 20 mins a day on the telephone and the Sales Director wondered why sales results were nowhere near what they needed.

Strangely no-one could really identify where the rest of the day went. They just knew that it went. The figures showed that wherever it went, it wasn’t on generating sales, feeding a pipeline or creating value that prospects were prepared to pay for…so, go figure.

We need to understand what sales channels work best, and work those, because that’s where the sales results are.

The Sales Improvement Workshop is designed specifically to get the juice back in to talking to prospects. Get the sales function having proper sales based conversations. Sharing sales insight. Delivering business development and sales techniques that will destroy all the myths that are leading to sales people losing focus.

This course can be delivered internally or it’s run monthly in Sheffield. Just call or email to discuss which option is better for you, contact details are below.

What Next?

Book Your Sales Audit. If you’re looking to improve your sales results, then before you do anything, book your Sales AuditIt’s the fastest way to identify all those areas that are stopping you getting the sales results you deserve. Delivering sales insights that allow for targeted and focused sales interventions…instead of buying into the the sales folklore and myths currently derailing your sales results.

Book now.

Happy Selling

Carol

carol@mortonkyle.com 0779 002 1885

p.s. You can also subscribe to a free weekly sales insight and business development newsletter. I’s great for supporting daily sales huddles, internal sales training and sales coaching sessions. Subscribe here – The Advanced Business Achiever 

 

 

The Relationship Between Risk, Value and Price – Know the Implications

The Relationship Between Risk, Value and Price – Know the Implications

Risk, Value and Price

Risk, Value and Price, and how your explore these areas with the buyer are the cornerstones are sales success. Or sales failure.

The relationship between risk, value and price in the eyes of the buyer/prospect is complex.

That’s a fact.

The relationship between risk, value and price in the eyes of the sales person is not always as well defined as it might be. In fact it is often confused and assumptive.

That’s an observation…based on extensive research.

For a win-win sale to be made there needs to be clear line of sight in the buyer’s mind in terms of the financial outlay versus the value received from the purchase.

This is closely related to the risks involved in both making that purchase and NOT making that purchase.

For the sales person, that’s a lot of things to uncover, explore, define and incorporate as part of the sales process.

That’s why the quality of the sales persons and their ability to openly explore  risk, value and price with the buyer needs to be razor sharp.

Some sales people do better than others.

Refusing to Explore the Risk, Value and Price Relationship Costs Sales

Some sales people will ignore the exploration to a large degree, hoping that the features and benefits will sell their solution easily enough.

This breed of sales person won’t exists for much longer. They create little value, they treat their product/service like a commodity and invite the buyer to do the same.

Often this leads to a no sale or low margin sale…and no-one really wins.

Some sales people will conduct a low level discovery around the issues associated with risk and value, maybe erring more on the value side than they ought. Quite often they’ll lose sales because they are simply selling the ‘positives’

According to Cialdini, an expert on influence and persuasion, people will invariably do more to escape pain then they’ll do to seek pleasure…and so now you can see why just selling the positives will stifle your sales conversion rates.

What’s the Buyer Really Thinking About?

A typical buyer, hearing a typical sales pitch will, primarily, rarely be focused on all the good things your solution will deliver. That’s a given. A tick box exercise completed before your appointment was dropped in his diary.

Instead, your typical buyer’s mind will be reaming through the endless list of risks involved. That’s the list the ambitious sales person concerns themselves with, because that’s the list that needs taking to pieces.

These risks will typically revolve around what happens if he takes your solution and pays your price.

BUT, there is a much bigger area of risk that buyers often pay scant attention to, even though they acknowledge it exists.

Some sales people, in their efforts to keep away from anything overly contentious, will avoid this MUCH BIGGER area of risk completely, and therefore deprive themselves of one of the most powerful sales tools, that, if only they could capture and use this, would almost certainly lead them to close more sales.

YET, still they stay away. Head in the sand. Ruled by fear.

So? How Can Uncovering this Unexplored Area Help You Get the Sale?

It is exploring this much bigger area of risk where the sales person can be of greatest value to the buyer. And in doing so can also positively and ethically help the buyer arrive at the most suitable solution.

The key element that is the missing link for many under performing and mediocre sales people is simple. It’s the discussion around the ‘cost of doing nothing’. The cost of not buying. The risk, value and price of NOT buying from you.

Whilst it’s crucial to remember that demonstrating value is the minimum entry level focus of the sales exchange, the sales person will rarely achieve the sales they could without consideration and balanced exploration of value against price and risk, both in the areas of ‘buying’ and ‘not buying’

What many forget, to their loss, is that there are two opportunities in a well defined sales process to explore pain.

Two opportunities to explore risk. Two opportunities to understand the buyer’s perspective on both.

Using both risk laden opportunities to their fullest extent, helps you and the buyer to shorten the sales cycle. Helps create raving fans. Helps you protect/defend your margins in instances where there is price resistance.

The relationship between risk, value and price in the eyes of the buyer/prospect is complex. Unraveling it for the buyer has a high level ROI. It’s more than worth the effort.

The relationship between risk, value and price in the eyes of the sales is often ill defined. It is often lacking clarity and focus. That alone is costing business, orders, margin and market share.

It needn’t be that way.

Discover how you can gain razor sharp focus in exploring risk, value and price during sales exchanges, because it’ll make the biggest difference to your sales conversion rate, your sales pipeline and your sales acquisition costs.

Just hit the link – Tell Me More

Happy Selling

Carol

carol@mortonkyle.com

0779 002 1885

p.s. You can check out Free Sales Improvement Guides from Morton Kyle Limited here.

p.p.s Subscribe to our weekly sales improvement and business development guide here – The Advanced Business Achiever

Your Sales Conversion Rates: Your Very Own Sales Crystal Ball

Your Sales Conversion Rates: Your Very Own Sales Crystal Ball

Sales Conversion Rates: The Ultimate Sales Metric…or is it?

Lots of sales leaders and sales people monitor their sales conversion rates since it’s a good top line indicator as to how things are going…from staying steady to gently increasing or, heavens forbid, heading south.

But, I also know some firms who don’t pay that much attention to it at all. Personally, I think that’s a huge mistake and hopefully, soon, you’ll agree with me.

Here’s why…

Sales Conversion Rates, whether you are a sales person or a sales leader, informs you how you are using your most precious money making commodity….time.

Plus: anything that allows you to predict future performance in sales is worth watching.

Very closely.

Sales Conversion Rates: Where do I measure them?

Your sales process, documented and detailed, rigid or flexible, will have certain gates in it.

If you subscribe to my idea of a Plug and Play Sales Model – see here – then you’ll know what I’m talking about.

But, for the sake of speed, let’s assume you don’t.

You’ll know (or should know) how many sales calls you make in a day. How many of those convert to opportunities – meetings (that’s one gate) or quotes (that’s another gate)…or declines, or call backs, or deadlines…(these are all gates too)

You’ll know how many of those meetings turn to quotes. how many convert to orders immediately. How many decline and how many pipeline for another time (that’s another 4 gates). Even more gates will you consider monitoring sales cycle times also.

From your quotes, you’ll get another series of sales gates….

And at the end of that, you’ll get a final, maybe monthly, weekly or daily overall sales conversion rate based activity during that period.

It’s all about knowing what gates to measure

What gates to pay especial attention to and how focusing on the quality of interaction at each of those sales gates can dramatically improve the sales conversion rates for the individual gates as well as overall sales conversion rates.

Further sales metrics that drill even further down into the sales process is you’re serious about really improving your sales performance are detailed here. Just hit the link for your free guide – instant download – The 7 Sales Metrics to Measure, Manage and Monitor.

You see, measuring just one overall sales conversion rate is just not enough…it doesn’t give you a detailed enough picture.

And certainly you won’t be able to do the sales improvement diagnostic you need if you’re serious about really boosting those sales figures…

Sales Conversion Rates: The Fastest Way to Predict the Sales Future

Once you know the metrics at each of your selected sales gates, you’ll have your sales recipe. If you’re struggling as to how to calculate this – see here.

Your sales recipe is the formula, which may fluctuate slightly, allows you to judge sales performance, manage sales resources, predict sales performance, optimise sales resources and most certainly is the first step in creating any scaleable sales model.

It’s also the crux of real sales or performance management program.

5 Things To Think About With Sales Conversion Rates

  1. Too high and it could mean you’re pricing too low, or at least it’s an opportunity to reconsider your offer, your pricing, your route to market, how you package your product/service, and how you compete in the market place.
  2. Too low and it could be an indicator that you need to look at the prospects your chasing and the offer your proposing. On the whole this presents a huge amount of opportunity for positive growth (Click here to find out how one company went from 1:25 sales conversion rate to 1:3, and tripled their average order value)
  3. A sales conversion rate that stays the same (as long as it’s healthy) could mean many things, but on the whole it means you’ve got a solid test bed for testing out some new sales initiatives; namely – testing out new pricing, new positioning, different sales techniques.
  4. A sales conversion rate that’s in rapid decline should set all alarm bells off very quickly. Are you under competitor attack? Is it dissent in the sales ranks? A change in product? A raft of customer complaints? (A branding issue? Pricing problems? Quality issues? Read here about poor customer service nearly killed one firms new business efforts).
  5. A sales conversion rate that’s increasing dramatically – well first thing you do is celebrate…obviously, the second thing you do is monitor customer complaints…and then refer back to my first point.
Sales Conversion Rates: The Sales and Business Thermometer

Sales Conversion Rates are gold to me. At a glance I know who is performing and who is not. I know where to focus my efforts and what to leave well alone.

I know who’s on fire and who needs a fire setting underneath them.

Sales Conversion Rates tell me what types of customers my clients should avoid. What types they should hunt for, what to charge in what sectors, how to pitch and present in those sectors, as well as when to actively hammer a region as well as when not to waste time.

Monitoring sales conversion rates works.

It’s very effective and takes no time at all to set up, and it’s the certain route to optimising sales resources and minimising costly waste.

Happy Selling

Carol

carol@mortonkyle.com

779 002 1885

P.S. To check out more sales improvement insights and business development strategy, then check out our blog  

Plus: to receive weekly sales and business development support, directly into your inbox, just hit the link. Claim your free subscription to the Advanced Business Achiever