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Add You - How To Get Everyone In Your Company On Your Sales Team
Loan Officer Marketing: Getting Realtors to Read Your Brochures Encourage them to recognize that they have been given a great opportunity to share with your prospects and customers all kinds of overlooked benefits about the products and services your business sells.You invest a lot of time and money in developing a loan officer marketing brochure that will get results. But maybe your materials are starting to have the same look and feel as your competition. What can you do to solve this problem?First, think about why it is a problem. Maybe consumers are not as focused on differentiating loan officers, but Realtors certainly are. If you focus on building a thriving business (one that relies on them), materials that make you look just like everyone else brings it to a dead stop.Most loan officer marketing brochures have three common mistakes:Feature Focused MessagesMost As important as the knowledge of the valuable contribution they make to a prospect or customer’s life is, you also need to give your employees some motivating economic incentives. Depending upon the cost structure of your product or service, you should offer every employee who has a hand in selling, some direct or variable compensation for the results he or she produces. This can mean so much per bonus above quota or so much per transaction. You can also offer a special compensation for new customers brought into the fold for the first time. Re Business Entrepreneurs Take Control of Your Business Everyone is in sales whether they realize it or not. We sell in every aspect of our lives. We sell our ideas to other people. We sell our love to our spouse and children. We sell our friendship to our friends. We sell our leadership to our customers, team members, and staff. Selling is an all encompassing function. It is also the single most important element in any business.Don't let your business control you. To be successful, you must drive the business forward. Stop working so hard and start thinking! What do I mean by this? Read the following example:I visited a business recently and I was shocked to find the manager of the business driving a forklift truck, yet again! Don't get me wrong, there is no rule in business that says that you should not help in the factory floor now and again but, in his case, he seems to spend all his time doing manual work instead of managing his business.If he spent his valuable time negotiating prices, running his business more efficiently and managing his staff, the return on inv How can you cultivate selling skills in employees who don’t normally think of themselves as salespeople? People in your company who are tentative, introverted, and are not really inclined to engage and embrace a prospect or a customer to get them to buy from you. You can cultivate the sales skills of everyone in your company by teaching them “strategic selling.” Strategic selling means having an advisory relationship with your prospect or customer. It is when you put the interests and well-being of your prospect or customer ahead of your own. Strategic selling means never recommending that a prospect or customer buy or acquire any products or services from you that you don’t feel will be of benefit to him or her. It is when you assume the role of guiding, leading, and helping each prospect and customer to recognize the advantages and opportunities they will receive when they purchase your product or service. Everyone in and around your business, whether they realize it or not, plays a selling role that can either help or hurt you in very significant ways. For example, suppose a prospect comes into your business, and a well dressed, well groomed employee meets him or her at the door with a warm and friendly welcome. Five minutes later the prospect makes a purchase. Who made the sale the salesperson or the salesperson with an assist from the employee who greeted the prospect? The answer of course, is that they both made the sale. If the employee who greeted the prospect had been poorly dressed, poorly groomed, and had scowled at the prospect instead of smiling and greeting him or her. The prospect’s first impression would probably have been very different as he or she entered your business The fate of a business isn’t just in the owner’s hands. Rather, it is in the hands of every employee or person that has contact with prospects and customers. And that’s true for your business as well. Never take courtesy, friendliness, and caring on the part of your employees for granted. Discuss courtesy regularly with your staff, make courtesy a regular feature in your company newsletter and regularly spotlight “Smile of the Month” awards for your most courteous people. What if you’re a one person shop and don’t have any employees? You should remind yourself constantly, starting first thing in the morning that you owe everyone you come into contact with today a smile, some words of encouragement, and a helping hand. This may sound silly, but it works. To put your employees in the right mindset, don’t use the word “selling.” Instead let your employees know that they are a “business consultant” or a “service consultant.” Encourage them to recognize that they have been given a great opportunity to share with your prospects and customers all kinds of overlooked benefits about the products and services your business sells. As important as the knowledge of the valuable contribution they make to a prospect or customer’s life is, you also need to give your employees some motivating economic incentives. Depending upon the cost structure of your product or service, you should offer every employee who has a hand in selling, some direct or variable compensation for the results he or she produces. This can mean so much per bonus above quota or so much per transaction. You can also offer a special compensation for new customers brought into the fold for the first time. Rew Telecom Audit Software ing means having an advisory relationship with your prospect or customer. It is when you put the interests and well-being of your prospect or customer ahead of your own.If you own a business, you also have to install a communication system to run it. It is simply unthinkable to run a business without the right type of communication system, which is the backbone of your business. Each and every member of your staff needs to have a telephone or other communication device for running business operations smoothly.With as many communication devices as the number of staff in your business establishment, the chances of over-billing and even the misuse of the communication network can never be ruled out. This means your hard-earned revenues may be going down the drain while you are planning and working overtime to increase th Strategic selling means never recommending that a prospect or customer buy or acquire any products or services from you that you don’t feel will be of benefit to him or her. It is when you assume the role of guiding, leading, and helping each prospect and customer to recognize the advantages and opportunities they will receive when they purchase your product or service. Everyone in and around your business, whether they realize it or not, plays a selling role that can either help or hurt you in very significant ways. For example, suppose a prospect comes into your business, and a well dressed, well groomed employee meets him or her at the door with a warm and friendly welcome. Five minutes later the prospect makes a purchase. Who made the sale the salesperson or the salesperson with an assist from the employee who greeted the prospect? The answer of course, is that they both made the sale. If the employee who greeted the prospect had been poorly dressed, poorly groomed, and had scowled at the prospect instead of smiling and greeting him or her. The prospect’s first impression would probably have been very different as he or she entered your business The fate of a business isn’t just in the owner’s hands. Rather, it is in the hands of every employee or person that has contact with prospects and customers. And that’s true for your business as well. Never take courtesy, friendliness, and caring on the part of your employees for granted. Discuss courtesy regularly with your staff, make courtesy a regular feature in your company newsletter and regularly spotlight “Smile of the Month” awards for your most courteous people. What if you’re a one person shop and don’t have any employees? You should remind yourself constantly, starting first thing in the morning that you owe everyone you come into contact with today a smile, some words of encouragement, and a helping hand. This may sound silly, but it works. To put your employees in the right mindset, don’t use the word “selling.” Instead let your employees know that they are a “business consultant” or a “service consultant.” Encourage them to recognize that they have been given a great opportunity to share with your prospects and customers all kinds of overlooked benefits about the products and services your business sells. As important as the knowledge of the valuable contribution they make to a prospect or customer’s life is, you also need to give your employees some motivating economic incentives. Depending upon the cost structure of your product or service, you should offer every employee who has a hand in selling, some direct or variable compensation for the results he or she produces. This can mean so much per bonus above quota or so much per transaction. You can also offer a special compensation for new customers brought into the fold for the first time. Re Ten Ideas for Marketing Your New Business and Website l dressed, well groomed employee meets him or her at the door with a warm and friendly welcome. Five minutes later the prospect makes a purchase.You've started a business and built a website, and you thought the hard part was over. Guess again. Now it's time to let the world know your business exists.Starting a business or putting up a website won't bring the world to your door. You will have to do that with some strategically planned marketing. You can have the best product or service that money can buy, but nobody will be buying if they have never heard of you.Here are some simple, inexpensive ways you can use to get the word out about your business and your website. These steps include both online and offline marketing, because the more diverse you are in your strategy the more l Who made the sale the salesperson or the salesperson with an assist from the employee who greeted the prospect? The answer of course, is that they both made the sale. If the employee who greeted the prospect had been poorly dressed, poorly groomed, and had scowled at the prospect instead of smiling and greeting him or her. The prospect’s first impression would probably have been very different as he or she entered your business The fate of a business isn’t just in the owner’s hands. Rather, it is in the hands of every employee or person that has contact with prospects and customers. And that’s true for your business as well. Never take courtesy, friendliness, and caring on the part of your employees for granted. Discuss courtesy regularly with your staff, make courtesy a regular feature in your company newsletter and regularly spotlight “Smile of the Month” awards for your most courteous people. What if you’re a one person shop and don’t have any employees? You should remind yourself constantly, starting first thing in the morning that you owe everyone you come into contact with today a smile, some words of encouragement, and a helping hand. This may sound silly, but it works. To put your employees in the right mindset, don’t use the word “selling.” Instead let your employees know that they are a “business consultant” or a “service consultant.” Encourage them to recognize that they have been given a great opportunity to share with your prospects and customers all kinds of overlooked benefits about the products and services your business sells. As important as the knowledge of the valuable contribution they make to a prospect or customer’s life is, you also need to give your employees some motivating economic incentives. Depending upon the cost structure of your product or service, you should offer every employee who has a hand in selling, some direct or variable compensation for the results he or she produces. This can mean so much per bonus above quota or so much per transaction. You can also offer a special compensation for new customers brought into the fold for the first time. Re Do Business Owners Rely on Professionals Too Much? (DO They Have Any Choice?) r business as well.Do Business Owners Rely on Professionals Too Much? (Do They Have Any Choice?)By Art Consoli, author of “How to Evaluate and Profit from a Business Opportunity - The Entrepreneur’s Guide”I just had a conversation with a very successful real estate developer who told me two stories about lawyers; they are both worth passing on. In the first he mentioned that he had just received a bill from an attorney for sending a letter to a tenant who had not paid their last month’s rent. My friend said that the letter was less than a full page and the bill was for $1500. He decided this was excessive and took the bill to the attorney (his office was in the sa Never take courtesy, friendliness, and caring on the part of your employees for granted. Discuss courtesy regularly with your staff, make courtesy a regular feature in your company newsletter and regularly spotlight “Smile of the Month” awards for your most courteous people. What if you’re a one person shop and don’t have any employees? You should remind yourself constantly, starting first thing in the morning that you owe everyone you come into contact with today a smile, some words of encouragement, and a helping hand. This may sound silly, but it works. To put your employees in the right mindset, don’t use the word “selling.” Instead let your employees know that they are a “business consultant” or a “service consultant.” Encourage them to recognize that they have been given a great opportunity to share with your prospects and customers all kinds of overlooked benefits about the products and services your business sells. As important as the knowledge of the valuable contribution they make to a prospect or customer’s life is, you also need to give your employees some motivating economic incentives. Depending upon the cost structure of your product or service, you should offer every employee who has a hand in selling, some direct or variable compensation for the results he or she produces. This can mean so much per bonus above quota or so much per transaction. You can also offer a special compensation for new customers brought into the fold for the first time. Re Anchored Selling Encourage them to recognize that they have been given a great opportunity to share with your prospects and customers all kinds of overlooked benefits about the products and services your business sells.Anchoring is a technique that captures the feelings, memories and emotions of certain events, places or things. The psychology behind the anchoring technique's success lies in the use of elements from a previous situation or circumstance to replay that experience's emotions and feelings in the mind. An anchor can be anything that brings up a thought or feeling and reminds you of something you have previously experienced. It will usually reproduce the exact same emotion or feeling you experienced in the past. Anchoring is the same idea: You use a certain stimulus to create a mental association that will bring about a particul As important as the knowledge of the valuable contribution they make to a prospect or customer’s life is, you also need to give your employees some motivating economic incentives. Depending upon the cost structure of your product or service, you should offer every employee who has a hand in selling, some direct or variable compensation for the results he or she produces. This can mean so much per bonus above quota or so much per transaction. You can also offer a special compensation for new customers brought into the fold for the first time. Rewarding your employees will mean different things to different people. To some people, it’s a comfortable salary and variable bonuses. To other people it will mean being compensated in direct proportion to the tangible results they produce. Yet to some people a special plaque or award is recognition enough. It is up to you to know what motivates your employees. Raises, bonuses, and commissions should be tailored to fit the business you’re in. Understand, that money is only a small part of the compensation. To get your people to do outstanding work, you also need to lavish them with praise and recognition. It is important that you and everyone of your employees understands that your business is a system that starts with your suppliers or your vendors, and then moves to the creation or distribution of products and services. But this system will not work unless everyone who is part of your business understands that he or she has an important part in transferring your products and services from your business over to your prospects and customers. The key to getting everyone in your business involved in selling is letting every employee know every day that he or she is a critical and highly respected part of your selling system. Once everyone in your business understands and believes this, everyone in your business will be highly motivated to make more sales. Copyright©2006 by Joe Love and JLM & Associates, Inc. All rights reserved worldwide.
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