Every business should have a solid and defined system when it comes to finding new clients and converting them to customers over time. I like to split the system up into just 3 stages of;
- Follow up
At the end of each week you can do your numbers analysis of each of these pipeline phases. In that way you will know that you are moving forward. As a business or as a salesperson, you have to be moving somewhere positive over time. It takes about 3 months of prospecting to build positive momentum and new market share. It takes the same amount of time for a business to slide backwards in their market.
Great salespeople prospect continually so the 3 months factor never seems to be a problem; the good salespeople just keep driving more market share.
Ultimately the follow-up phase will be the precursor to an order or a sale. This ratio of sales success will change from salesperson so salesperson and will largely be established on experience and relevance of each salesperson to the client.
Most clients will base their decision on the value of the deal and the quality of the product over the experience of the salesperson, but the experience of a salesperson will greatly impact the factors of repeat business. If you want repeat or referral business then the quality of your sales team will have a lot to do with the results that you get.
Here are some tips for new salespeople in any industry:
- Make prospecting your lifeblood so that it features in your diary every day for at least 2 hours.
- The best time to prospect is first thing in the morning before the day gets away from you.
- Focus on making calls to new people for at least 50% of your prospecting time. In this way you will grow your client base.
- Spend more time in face to face meetings each day. The office paperwork can wait to the end of the day.
- Clients like to trust the people that they do business with. Would your prospects regard you as ‘trustworthy’?
In any business at any point in time, there will always be challenges that will arise. If you can be a ‘solutions based salesperson’ you will find that the deals are easier to find and close. Most clients like to work with experts that can relieve the pain of any decision. When you negotiate or close on a deal with a client, provide facts and figures that support their agreement and order to be placed. Top salespeople do that all the time.
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