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    How To Develop A New Product
    Where do you begin when you have an idea for a new product? With the sales page! Yup, before you even create the product you need to know 1) if there is a need for your product and 2) what exact needs your product will meet.I had an idea formulating for a new educational series. I created a survey that asked questions that would guide me in meeting their needs. I sent it to the people in my e-magazine list and discovered that they wanted to:Focus their passion
    " in their industry solving problems. I state a problem that appears to be the area that my "A" customers seem to have in common when they moved ahead with my products and services. The lead on the phone generally responds with, "That's interesting, tell me more." And so I do, as a dialog is now created. I don't tell them much, only enough to generate further interest in how I can solve their problem and suggest that we meet as "I will be available this coming Wednesday at 10:15 a.m. how does that work for you?"

    Foolish Mistakes of the Learned and Intelligent
    You can be the most intelligent and learned person in the world, but without wisdom you do foolish things.What do I mean by that? Think of all the scandals or mistakes involving important persons that have taken place throughout the world at various times. Think of the Watergate Scandal, Enron collapse, child abuse, failed marriages, bankruptcies, misappropriation of funds, corruption...When these events take place and it involves high profile persons, one begins to w
    There are many places to get free or purchased business leads and once you do, the next step is to start cold calling the names on the list and start selling on the phone. Just the thought of phoning strangers sends me into a cold sweat and the phone seems to weigh 50 pounds every time I attempt to lift the handset to my ear. This approach to prospecting for clients would send most people into a cold sweat and the fear of rejection might be too great to even get the value out of your leads. So why do it all? My approach is to create my own list of prospects based on a criteria of what I believe is the ideal customer. In other words, I'm deciding/qualifying my prospects to ensure that my time is properly invested.

    Do they fit the size of company I have had the most success with? For example; the number of employees and annual revenue. I use the 80/20 rule in building my criteria. When I look at my existing customers I generally find that 80% of my revenue is generated by 20% of my customers. These are my "A" clients. Therefore it stands to reason that I should speak to prospects that have the potential to be my "A" customers.

    I ask myself what else makes my "A" clients different by looking at the industry they are in, how many years they have been in business, how did I get in the company, what products and services did they start with and what products and services do they purchase today? Do I have a connection with the Decision Maker or Approver of a decision such as sharing an interest or membership in professional or personal organizations, clubs, hobbies, etc? Once I answer all my questions I look for other companies in my selected territory that fit my criteria. Once this list is created I now have my leads to call and all it took was my time. But I still don't pick up the phone and call them just yet.

    I look to see if any of my customers can provide me a referral and open the door for me with a great testimonial. I call these leads first.

    Once these leads have been contacted I begin to make my calls by starting with I'm a "specialist" in their industry solving problems. I state a problem that appears to be the area that my "A" customers seem to have in common when they moved ahead with my products and services. The lead on the phone generally responds with, "That's interesting, tell me more." And so I do, as a dialog is now created. I don't tell them much, only enough to generate further interest in how I can solve their problem and suggest that we meet as "I will be available this coming Wednesday at 10:15 a.m. how does that work for you?"

    I

    Business Collaboration - Effective Partnering Results in More Sales!
    When Linda Rink and I started this joint newsletter I began to look at everything differently.Initially, I collaborated with Linda because I knew it would be much easier to launch an e-newsletter with someone else rather than starting one myself.What I failed to foresee is that I was in fact doubling my exposure, and so was Linda! And we’ve both benefited directly from this increased exposure.Now, I see collaboration opportunities every day -- some in action; o
    h is to create my own list of prospects based on a criteria of what I believe is the ideal customer. In other words, I'm deciding/qualifying my prospects to ensure that my time is properly invested.

    Do they fit the size of company I have had the most success with? For example; the number of employees and annual revenue. I use the 80/20 rule in building my criteria. When I look at my existing customers I generally find that 80% of my revenue is generated by 20% of my customers. These are my "A" clients. Therefore it stands to reason that I should speak to prospects that have the potential to be my "A" customers.

    I ask myself what else makes my "A" clients different by looking at the industry they are in, how many years they have been in business, how did I get in the company, what products and services did they start with and what products and services do they purchase today? Do I have a connection with the Decision Maker or Approver of a decision such as sharing an interest or membership in professional or personal organizations, clubs, hobbies, etc? Once I answer all my questions I look for other companies in my selected territory that fit my criteria. Once this list is created I now have my leads to call and all it took was my time. But I still don't pick up the phone and call them just yet.

    I look to see if any of my customers can provide me a referral and open the door for me with a great testimonial. I call these leads first.

    Once these leads have been contacted I begin to make my calls by starting with I'm a "specialist" in their industry solving problems. I state a problem that appears to be the area that my "A" customers seem to have in common when they moved ahead with my products and services. The lead on the phone generally responds with, "That's interesting, tell me more." And so I do, as a dialog is now created. I don't tell them much, only enough to generate further interest in how I can solve their problem and suggest that we meet as "I will be available this coming Wednesday at 10:15 a.m. how does that work for you?"

    Successful Product Branding: What Does The Brand 'Want' To Be
    Successful product branding is a dicey game. With its winners being lauded endlessly and its losers scrambling to find work under different product umbrellas.Here's a VERY basic overview of successful product branding...A new product is coming out. It's a new toothbrush that bends backwards a particular way that no one toothbrush, until this one, has. It's a big deal in the toothbrush community.Resist the urge to snicker...niches are created to be protected whe
    t stands to reason that I should speak to prospects that have the potential to be my "A" customers.

    I ask myself what else makes my "A" clients different by looking at the industry they are in, how many years they have been in business, how did I get in the company, what products and services did they start with and what products and services do they purchase today? Do I have a connection with the Decision Maker or Approver of a decision such as sharing an interest or membership in professional or personal organizations, clubs, hobbies, etc? Once I answer all my questions I look for other companies in my selected territory that fit my criteria. Once this list is created I now have my leads to call and all it took was my time. But I still don't pick up the phone and call them just yet.

    I look to see if any of my customers can provide me a referral and open the door for me with a great testimonial. I call these leads first.

    Once these leads have been contacted I begin to make my calls by starting with I'm a "specialist" in their industry solving problems. I state a problem that appears to be the area that my "A" customers seem to have in common when they moved ahead with my products and services. The lead on the phone generally responds with, "That's interesting, tell me more." And so I do, as a dialog is now created. I don't tell them much, only enough to generate further interest in how I can solve their problem and suggest that we meet as "I will be available this coming Wednesday at 10:15 a.m. how does that work for you?"

    Fall In Love With Learning How To Carry And Use Your Marbles At All Times!
    You must become a business developer! Fall in love with learning how to carry and use your marbles at all times! Children under eleven years old ask first, then they tell because they are cute. Twelve years and older are not cute anymore. Now you have to give someone a reason first, then ask. Your tell & ask should not be more than 30 seconds. A TV commercial is 30 seconds. The Challenge is to use your imagination and give them a re
    ations, clubs, hobbies, etc? Once I answer all my questions I look for other companies in my selected territory that fit my criteria. Once this list is created I now have my leads to call and all it took was my time. But I still don't pick up the phone and call them just yet.

    I look to see if any of my customers can provide me a referral and open the door for me with a great testimonial. I call these leads first.

    Once these leads have been contacted I begin to make my calls by starting with I'm a "specialist" in their industry solving problems. I state a problem that appears to be the area that my "A" customers seem to have in common when they moved ahead with my products and services. The lead on the phone generally responds with, "That's interesting, tell me more." And so I do, as a dialog is now created. I don't tell them much, only enough to generate further interest in how I can solve their problem and suggest that we meet as "I will be available this coming Wednesday at 10:15 a.m. how does that work for you?"

    Good Presentation of Your Product or Service Pays Off Every Time
    It is essential that you have a good presentation of your product or service if you expect to sell your product or service in the marketplace and that you can afford to produce it and retain a profit. You cannot spend too much on presentation as you are liable to overdrive the headlights on the price and run over the deer in the road (customer) with sticker shock, but you must maintain proper presentation.Customers or drawn to products and services which have good presentat
    " in their industry solving problems. I state a problem that appears to be the area that my "A" customers seem to have in common when they moved ahead with my products and services. The lead on the phone generally responds with, "That's interesting, tell me more." And so I do, as a dialog is now created. I don't tell them much, only enough to generate further interest in how I can solve their problem and suggest that we meet as "I will be available this coming Wednesday at 10:15 a.m. how does that work for you?"

    I never try to sell anything on the phone. My only objective is to schedule an appointment. Most times the fear we have about cold calling is the fear of not being able to sell someone, a stranger, on the phone. We take the rejection personal. My stance is that I'm not selling. I'm prospecting for "A" clients who need problems solved. If I get a "no" or "not interested" then all I determined was that I did not identify the right problem. I will try them again in a week, this time face to face dropping off some bit of information that they may find beneficial from and about their industry. In my 5 minutes with them I will not try and sell anything but rather ask questions about their business; "how is everything, etc? If there is anything I can help you with just give me a call".

    Now, as I keep working these leads I'm no longer calling on strangers. These are people who are now starting to get to know me and every time they see me I give them something that may be helpful to their business. Eventually I identify the right problem and will have created luck for myself. In other words; I will be there at the right time and in the right place to solve their problem.

    Remember this: 'Any prospect worth calling on once is worth calling on again'.

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