Leadership, Communication, Presentation & Sales Development Blog

Showing posts with label Sales Training. Show all posts
Showing posts with label Sales Training. Show all posts

SALES - IMPROVE YOUR SALES RESULTS BY DEVELOPING QUALITY RELATIONSHIPS

This applies whether it is Business to Business or Business to Consumer

Developing effective relationships with people can go a long way to achieving better sales results both short and long term!

Below are 11 simple tips you can apply right now to help you build better relationships with your prospects and clients.

As you read the list, you’ll see not only does it apply in sales situations, but also in every situation you encounter (professional or personal).

This list was shared with a sales audience recently and a person immediately stated how they realised the list would work with their spouse too.

1. Show respect of the other person when they’re talking.

2. Follow-through on what you say you will do.

3. Compliment the ideas and recommendations shared by
the other person.

4. Share with the other person information about yourself - Be transparent

5. Help the other person achieve their goals and objectives.

6. Be open and honest.

7. Start each conversation by referencing something from
a previous meeting or relevant situation

8. Allow the other person to hold you accountable.

9. Accept responsibility.

10. Never share with another person something shared in confidence with you.

11. Your body language must match what you’re saying.


Typically when people review the above list, they notice one or two tips they do well and one or two they should work on. What about you?

Use the list as a reminder of what it takes to develop quality business relationships.

In so doing, you’ll quickly realize the people you do have quality relationships with have most likely demonstrated the same 11 characteristics to you also.


All the best with your sales!

Posted in , , by effectivecommunication.com.au

Become an Extraordinary Business Communicator

People who are extraordinary communicators and presenters don't start out that way!!!

These people work at getting better. They take communicating effectively seriously. They practice. They learn the When, Where, How & Why to improving the way they communicate.

WHEN

People who are fabulous communicators and presenters do what Tiger Woods does with golf - they work at perfecting their core communication game on a daily basis. They are always practicing or modifying some skill. They never say "I am good enough."

WHERE

Great communicators and presenters use every opportunity to practice their communication skills. They practice first in low stakes situations, like in emails, reports, round table meetings, trade shows, ‘lunch & learns,’ or conversations with one's peers.

They also practice off the job- in restaurants, at parties, at weddings or around the kitchen table. They don't wait for formal presentations. By the time a high stakes presentation comes up, they feel ready because they have been practicing all along.

HOW

First, serious learners get feedback, either from a communication's coach, their manager, or their peers.

Some join organisations, like Toastmasters or take a communication / presentation skills course with the express purpose of understanding what they do well and what needs improvement. Once they understand their strengths and weaknesses, they set realistic goals. Then, they tackle one skill at a time until it becomes second nature for them. They do not try to correct everything at once.

Maxwell Maltz says it takes “21 days to change a habit”. A lot of what we do when communicating is based on habit. Since some habits negatively affect people's perception of a speaker's credibility, it is important to change those things that undercut one's impact and to work on improvement on a daily, even hourly basis, for 21 days or longer.

To be perceived as a powerful business communicator and presenter a speaker must demonstrate both composure and energy. The skills for composure are:
  • Posture
  • Eye Contact
  • Pausing
The skills for energy are:
  • Movement
  • Gestures
  • Vocal Variety
  • Facial Animation
To practice the composure skill of posture, notice your posture whenever you see yourself in a mirror. If one shoulder is higher than another, you are not balancing your weight. Also, notice your arms when at rest. Do they rest at your sides, in your pockets or on your hips? Are they crossed on your chest? The goal with posture is to look confident, but also approachable.

Each time you walk in front of a mirror or see your reflection in a window, correct your posture until you feel people will see you in a positive light. This is the first way you communicate with your audience.

Eye contact is easy to practice since you can do it anywhere. The thing to remember is that you want the eye contact to be sustained, not fleeting. You want people to feel you are talking just to them so practice by looking at an individual for a full sentence or thought. Do not try to include everyone at once by giving people a quick glance.

You can keep tabs on how you are pausing through your own voice mail system. Play back messages before you send them. Listen for non-words, speed and diction. Pay attention to how clearly and concisely you stated your message.

When you present an idea to people, their expectation is that you truly believe in it and are excited to share what you know.

To convey enthusiasm, it is important that a speaker gesture to emphasize ideas and help listeners to "see" it. If the speaker has the opportunity to stand up, movement sends an additional message as to how important the idea is.

When a speaker is moving and gesturing, he becomes real and demonstrates conviction. Moreover, when the speaker is gesturing and moving, the face lights up and the voice has a certain sparkle.

The best way for speakers to get feedback on the energy skills is by periodically videotaping themselves and noticing what they observe when reviewing the tape. Are the gestures repetitive, overdone, or too controlled? Does the movement seem purposeful and tied to a pair of eyes? Is the voice interesting or flat?

WHY

The answer to why one should get better at communicating is simple. It is the number one skill for business people today. It is essential for anyone who wants to move up the corporate ladder.

To be considered a good leader, one must be able to communicate effectively with senior level managers, one's peers and one's direct reports. Without clearly communicating the message, projects get scuttled, opportunities are overlooked and wrong decisions are made, costing the company market shares and profits. With "ordinary" communication skills, one's career stagnates.

Bottom line... To join the ranks of extraordinary communicators and presenters, be a continuous learner. Dedicate yourself to perfection. Pay attention to the many opportunities you have for growth.
 

All the best with your future business communications

Posted in , , , , , by effectivecommunication.com.au

How To Engage Your Audience When Presenting


Studies vary on the length of human attention spans, but one study recently concluded that the average attention span is eight seconds. Yes, 8 seconds!!!

Whatever the actual time might be, people have trouble paying attention, especially when listening to a presenter. Inattention is even more likely if it’s a technically-oriented presentation.

You know the audience is going to leave you several times in a 30-minute presentation. In essence, one of the major goals of any presenter should be to bring the audience back to pay attention to his or her content. No matter how effective the message is, the human mind cannot focus for very long.

Here are some ways of combating this consistent challenge.
 
1.  Let the audience know early that you have only 1, 2 or 3 points to make - When you begin by saying, “I plan to cover seven different ideas,” your audience will be quick to shut down mentally.

2.  Include an example every few minutes - The listener responds quickly to “Let me give you an example… “ We remember what it was like when we were young for an adult to start reading a story that began with “Once upon a time…” The example hook is the adult version of this technique.


3.  Include at least one transition that encourages the audience to come back to you and your speech - The best one is probably, “You may forget everything else I say today, but remember this one idea.” Be sure this transition does lead to the most important idea; don’t use it as a gimmick to make them listen again. Be reminded that you can only use this once in a presentation. Another is “This may be something you know but have not been putting into use.” (Mental response: Me? Do I already know this?)


4.  Include a “wow” factor every eight to ten minutes - This is simply a phrase, statistic, comparison, picture, or quotation that makes the audience member respond with “Wow! I did not know that.”


5.  Change your delivery style - Soften your voice if you have been pretty loud. Move a step or two with purpose when making an important point. Movement attracts attention. Speed up or slow down your rate of speech.


6.  Tighten the organisation of your presentation - If the audience feels that you are disorganised and finds it difficult to follow you, they will soon leave you - and may never come back. In preparation, check to see that each point relates to the other main points and that each piece of supporting material connects back to the point. Early in your presentation, preview your main points and stick to that structure.



Even the most effective presenter will lose his or her audience occasionally. These techniques, however, will at least make it less likely for the audience member to leave you for the duration.


All the best with your future business communications!!!

Posted in , , , , , , by effectivecommunication.com.au

What Is Your Flight Plan For Business Growth - Part 4

How To Increase Your Number Of Sales Per Client

Stock Brokers offer occasional initial public offerings (IPOs) to select clients.

Clothing stores offer "by invitation only" events for preferred clients

Auction houses offer "by invitation only" events for preferred clients

Jewelry stores offer "by invitation only" events for preferred clients

Airlines offer frequent flyer points reflecting the number of times traveled or distances traveled with them.

Miles Laboratories published a small cookbook filled exclusively with spicy recipes, and then gave the book away for free. Why? Miles Laboratories is the maker of Alka-Seltzer, an antacid digestive pain reliever.

How many consumer retail stores now offer loyalty cards i.e. 'Buy 9 and gain your 10th free" etc.

These are not just random, unrelated business-increasing anecdotes. Each example represents a well thought out, documented, income increasing principle or leveraging strategy.

Now you might be thinking, "My business responsibilities don't include clients and selling. I'm in the accounting / human resource / quality control / production department".

Think again because the fact is, everyone is in sales!!!

Whatever area you work in and are responsible for, you do have "clients" and you do need to influence and "sell".

Think within your organisation. Typically referred to as internal clients / stakeholders, who might include the head of your department who you might need to influence and sell towards your project, your proposal, your promotion, your perspective, your value, or your pay rise.

Your internal clients might also be those who work under you, and you need to influence and sell them towards giving their best, meeting a deadline, thinking out of the box etc.

Your internal clients might also be people in other departments who could aid you etc.

Think external to your organisation. How many vendors, complimentary companies or future employees do you have to influence and sell to?

When you read the phrase "selling your product or service", don't just think in terms of products and services your company sells. In addition, think of your individual and intangible personal product or service, yes - YOU!!!

You will need to influence and sell to others your ideas in order to advance your career, gain more respect and increase your success and income.

All the success strategies EffectiveCommunication.com.au shares with you are designed to raise you above your competition. If you work for a company, you have your company's competition to contend with. You also have your personal competition - the person down the corridor who you are competing with for your next big promotion. Or the person who just sent their resume to Human Resources because they want your job.

Look out for our future success strategies, which will help you to better influence and make that sale.


All the best with your business!


If you would like to discuss how to improve your organisations capability in the areas of Leadership, Communication, Presentation & Sales then simply contact us for a complimentary, no obligation conversation.

Go to www.EffectiveCommunication.com.au to find out more

Posted in , , , , , , , , , by effectivecommunication.com.au

What Is Your Flight Plan For Business Growth - Part 3

How To Increase The Value Of Each Transaction With Your Clients

Car companies will always advertise a new car for a 'base' amount, yet how many times have you paid just the advertised price when buying a new car?

Maybe like the majority of people buying a new car you purchased a few or many extra items like air conditioning, automatic sun roof, rust protection, scratch protection, upgraded     security, upgraded music system, extended warranty, financing etc... The list goes on.

Maybe when going to dinner with a budget in mind you increase the value of transaction when presented with a better wine than you first considered or when the waiter tempts you with the dreaded (but tasty) desert menu. 

When the global toy company named Matel gets you to buy a Barbie Doll, the Barbie comes with only one outfit. How many parents have made additional Barbie purchases including, more clothes, car, house, the Ken Doll etc. And surprise, the Ken Doll comes with only one outfit.

Telecommunication companies offer much more than a standard phone line. They additionally offer you phones, Internet, fax, call waiting, voice mail, cable T.V, automatic callback, additional lines for computers, security systems etc.

No telecoms company holds a gun to their prospects and clients. Instead, they are typically very effective at offering 'add-ons' and 'upgrades', then people purchase these because of the better performance and results they offer.

You might be selling yourself as an employee knowing that increased salary is a by-product of your management's perception of your value to their business. Therefore, find something that no other employee across your company is doing (or doing well) and voluntary add to your current responsibilities.

Every time a person or company purchases from your business, you have an immediate opportunity to increase the value of that transaction!

Your motive must be benevolent and not self serving. This strategy is not just to add to your short term profit. Instead, this is about helping your client to gain the optimal number of benefits and outcomes from your products / services.

During the 1930's the Kraft company tried to market and sell a low priced cheese powder, but the public were not interested and sales were a failure.

One of Kraft's sales reps from North America thought 'outside the box' towards unloading his allotment of powdered cheese. His simple, yet brilliant and profitable solution was he added individual packets of cheese powder into the boxes of Kraft macaroni which were selling successfully.

The salesperson then convinced grocery retailers to sell their customers the concept of the 'Kraft Dinner'. This concept became so successful the Kraft company added this 'all in one' dinner to their product line.

How did this simple solution work in the long term? Recent research shows that more than 55% of main meals in homes across the United State of America are per-produced.

You have both the opportunity and responsibility to introduce your prospects and clients to every option that relate to the benefits and outcomes they hope for.

Introduce your prospects and clients to 'add-ons' (aka - cross selling) and 'upgrades' to help them graduate to a more sophisticated or superior option to better serve their goals with your product / service. They don't have to buy 'add-ons' or 'upgrades', yet you have an obligation to introduce and demonstrate the improved performance and outcomes.

It's as simple as incentivising your prospects and clients to trade up!!!

If you do your part well, then in addition to your client be more impressed and satisfied with the preference and outcomes the better product / service gives them, your business  makes more profit!!!

 Evidently there are many additional ways to increase the value of your client transactions  and so, look out for our next newsletters.


All the best with your business!


If you would like to discuss how to improve your organisations capability in the areas of Leadership, Communication, Presentation & Sales then simply contact us for a complimentary, no obligation conversation.

Go to www.EffectiveCommunication.com.au to find out more

Posted in , , , , by effectivecommunication.com.au

WHAT IS YOUR FLIGHT PLAN FOR BUSINESS GROWTH? - Part 2

How To Increase Your Number Of Clients

It is interesting how many companies when income curves become stagnant tend to whip sales & account management teams to do more of the same, when better incentives might be the simple solution.

For example, a company experiencing income stagnation applied a compensation program that paid the sales person 10% of the profit per sale. So when a $1,000 sale was made the company retained $900 whilst the sales person was compensated with $100.

Upon consultation the company calculated the following 3 simple questions:
 
  1. Average worth of first purchase from new client?
  2. Average number of times new client will purchase in the first year?
  3. Average number of years client will continue to purchase?
 
The company responded...
 
  1. Average profit of $200 for each new client first purchase of which the company kept $180 & compensated the salesperson with $20
  2. Average number of purchases per year was 5
  3. Average number of years new client continued to purchase was 3

Based on this the company accumulated approximately $3,000 profit over the average lifetime of a new client of which the company kept $2,700 and compensated the salesperson with $300.

Upon further consultation, the company was advised to:
 
  • Compensate the salesperson with 100% of the profit from every first sale they produce
  • Compensate salesperson with 10% of every ongoing purchase from new client
  • 10% ongoing compensation to continue ONLY if salesperson maintained new client to continue average purchases (5 x per year over 3 years)

What do you think happened?

First, the salesperson was compensated $200 instead of $20 for every new clients sale therefore, the sales team was 9 x more motivated

Second, the life time value of each new client was worth approximately $3,000 therefore, with this strategy the company now keeps $2,520 and compensates the salesperson with $480

Ultimately, with the sales team greater motivated, the company TRIPLED it's number of new clients in only 9 months!!!

Evidently there are many additional ways to increase your number of clients and so, look out for our next newsletters.


All the best with your business!


If you would like to discuss how to improve your organisations capability in the areas of Leadership, Communication, Presentation & Sales then simply contact us for a complimentary, no obligation conversation.

Go to www.EffectiveCommunication.com.au to find out more

Posted in , , , , , , , , by effectivecommunication.com.au
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