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The “NO” Way

“Sticks and stones may break my bones, but “NO” can never hurt me!”  What a powerful quote from the Go For No book by Richard Fenton and Andrea Waltz.

Andrea gave me the Go For No book last week at the Sales Shebang in Chicago.  It is a ’short’ book that I read early Saturday morning as I sat on the patio enjoying the fantastic end-of-summer weather in Wisconsin.

no-yesGo For No is a story about Eric James Bratton (fictional) who discovers that his success increases exponentially with the number of Nos that he seeks each day.  Eric  finds that if “Yes is the destination, No is how you get there.”  The philosophy is that persistence pays off.  And most of us give up WAY too early – like after we hear No once, twice, or even three times!

Fenton and Waltz’ message is that we need to embrace failure (if we consider hearing “No” a failure).  They outline the Five Failure Levels and the number of people that stop there – meaning if we keep going we differentiate ourselves and will find more success at the end! 

What are these Failure Levels?

  1. Level 1  The Ability to Fail -  100% of people have this ability. 80% of people stay here because they avoid any form of failure.
  2. Level 2 Willingness to Fail – These people come to accept failure as a natural product of the process of seeking success. Only 20% of people make it to this Level
  3. Level 3 Wantingness to Fail- Developing the desire to fail with the inner faith that growth follows. Fewer than 5% of people get to this level.
  4. level 4 Failing Bigger and Faster – These people conclude that if failing is good, than failing faster is better!  And they go after big goals to make it worth their effort!
  5. Level 5 Failing Exponentially – Bringing others along because if individual failure means individual success; group failure equals group success!

Sounds crazy to ‘want’ to fail – but reading the book reminded me of a story I heard many years ago from a trainer.

Bob was a couple of years out of college working for a manufacturing company in Detroit. He had impressed management enough to be given the lead in a million dollar project.  He was so excited and spent 10 months executing the project…which failed quickly.

Bob was summoned to the President’s office. With his head low, Bob entered the office with his ‘data’.  The President had many questions for Bob on How, Why and What. Then he asked ‘What would you do different?” Bob had some thoughts on that.

The President thoughtfully listened to Bob and then excused him. Bob was confused and said, “So, do you want to me clean out my desk today?” The President said “Why would I want you to clean out your desk?”

Bob replied, “Aren’t I fired for wasting the time and money on this project?”

The President chuckled and said “Fire you? Are you kidding? Son, I’ve just invested a million dollars in your education! I need to see a return on that investment.”

Wouldn’t it be great to work for THAT President?  Well, even if we don’t when take on the Go For No philosophy we have permission to TRY – and if it doesn’t work, that is more than OKAY – we are now closer to success.

I ‘grew up’ in the banking industry. Going for No was NOT okay with the President I worked for. We were careful…very careful….too careful! And unbelievable ideas and successes were missed. I learned a lot – and grew a lot but was also stifled.

After years I made a change…to the opposite end of the spectrum!  President Peter Reynolds at BRIO Toys (he now owns the Little Little Little Toy company) changed my possibilities. Peter was open to new ideas…and letting people try ALL kinds of things. That is where I learned how much I love sales – and the people who sell!  Without the permission to try things and possibly fail…I surely wouldn’t be in the career of selling and helping others sell better! 

I highly recommend you get a Go For No book – and the resources that come with it for yourself- and your team if you have one.  Don’t just read it once – read it again – digest the message. Determine how you can approach what you do with the Go For No attitude.

This week I am challenging myself to hear ‘no’ more often. Its a great week to put this into practice – with a focus on business development at work and transitioning  3 teens back into school – the Go For No mindset might just allow me to feel like a winner by the end of the week!

p.s. This is not a sponsored recommendation – I receive no monetary gain from recommending this book – its just THAT powerful.

p.s.s. I just returned from a local parade. I told the folks around me I was Going for No for all the freebies being tossed out. they couldn’t believe what I received! A Frisbee, water bottle, tons of candy, certificates from local stores, temporary tattoes, a bead necklace (not like at Mardi Gras :) and refreshing squirts of water.  Yes it was a  little silly ‘test’ with great reesults.  My ‘loot’ was more than double anyone around me (And I paid it forward and gave kids most of the goodies I collected too. I wanted to keep the water bottle…) 

Wow Your Contacts

wowTechnology and work overload have made it easy to lose  the personal touch. Even pushing messages out through social media can be very one way – unless you are in a dialogue. 

The good news is that with so many professionals only focused on technology ‘touches’ it is easier than ever to create a memorable WOW experience for your contacts!

Sometimes the small touches matter more!  Easy wows that take little time and money:

  • Send a handwritten personal note. Attach a copy of something interesting you have ready lately that would be interesting to them.  Your note can be as simple as “I thought this would be of interest to you.”
  • Share something inspirational. Find a quote and add it to your email signature. Change it often.
  • Call someone without a sales reason – thank them for their business and let them know you value their relationship. Keep it short -though often they will want to chat longer if it is all about them!

When you Wow your contacts with the small touches – they will remember you when the BIG opporutnity arises.  The 5 minutes you spend on the small things do matter. It’s one of those ‘Just do its’ that we need to make time for.

I suggest you make time today to Wow one prospect or customer. Then do it again tomorrow!

What else do you do to wow your customers?

p.s. Today as I head to the women’s sales experts conference, Shebang, one of our preparation items is to share our “$1 idea” – a small thing we have done in the past year that has helped in some way.  I’ll share the ideas discussed with you next week!

Referral-ability

Today I facilitated a workshop with a group of 40+ realtors. Our topic? Referrals!  Instead of coming in and telling them what to do – collectively their years of experience FAR outweighed mine – I used a Sharpenz ready-to-go sales training kit instead.  referral

The format included each person identifying “I wish I knew” items on referrals as a rookie and as they look at what is needed the next six months.  I circled the room and listened to what they were sharing…solid reminders and principles of referrals.  Here’s a dozen tips for you to ponder and act upon.

  1. Ask for referrals consistently.
  2. Have a plan for asking.
  3. Identify Howto ask in a way that is comfortable for you.  Some like humor, some asked in writing, others at certain points in the relationship. 
  4. Have a process of follow-up to the referrer. Lots of discussion around whether you should reward the referrer in some way.
  5. Tap into the need for many people to help. Ask for their help!
  6. Assure the referrers of your intentions and what you will do with the contact information.
  7. Be timely in contacting the referral.
  8. Do not ask for their entire contact list. 
  9. Be specificin what information you would like.
  10. Use social media outlets when possible.
  11. Be sincere and honest (someone suggested saying “I get referrals from every one of my clients.” and the group said if it wasn’t true, then you would break trust.)
  12. Always be thankful – state your appreciation and then assure them how you will use the information they shared.

Taking action on these tips will increase your ABILITY to earn valuable referrals.

There’s so much more to referrals. What’s your best tip?

Top Producers Insight Into Prospecting

Next week I will be part of a TSE Roundtable on What Top Producers Know About Prospecting That You Don’t

As part of my prep, I scheduled several interviews with successful sales professionals to get the inside scoop.  Today Wayne Gilpin, Senior Managing Director, Head of Ziegler Wealth Management shared some great insights.  One of the tips he shared is that top producers prospect for referrals.

Think about it…how much easier would your prospecting for new clients be if you focused on leveraging your happy, satisfied or loyal clients? 

Wayne shared the story of a new Branch Manager who adopted a 20 year book of business.  His first months are focused on meeting with these existing clients to re-identify their goals and then provide a quick snapshot of what Ziegler is now able to provide.  This leads to the discussion on who else might benefit from these products and services?

As you focus on building your business, in what ways have you leveraged current clients to find new ones?

I’d love to include your comments in a future post or in the Roundtable next week!

TSE Roundtable

TSE Roundtable

 Learn more about the Prospecing in the Roundtable – it features several global sales gurus besides me!  Keith Rosen, Colleen Francis, Tim Wackel and Cheryl Clausen. 

The “Rules” for New Business Relationships?

What does it take to engage in mutually beneficial networking these days?  It seems more and more confusing.  In the “early” days sales pros met one-on-one with prospects, including potential business network possibilities.  Today networking has a whole different set of rules!  And sometimes it is easy to forget what set of rules we need to play by in the moment.

That is why when I was asked to actually meet face to face with a potential prospect this week, I looked forward to it.  Wasn’t it easier to make decisions and connections “live”?

businessmanDuring the meeting, this person let me know that he is a networker.  That he believes in reciprocal business.  I’ll do business with you, IF you do business with me.  It kind of took me by surprise.  I mean…doesn’t building relationships take time, was I supposed to jump on this “opportunity” within 20 minutes?

I didn’t feel I should have to decide right then.  I found myself doing a bit of backtracking.  And lots of questions were flying through my head:

  • Was this the type of business relationship that was going to be worthwhile? 
  • What is the upfront and back-end energy going to be? 
  • Was I being open-minded or closed-minded?  This was a hard close to make a decision now.
  • Do I have time for this?  After all, we only have so many hours in the day – and as I like to add – only so much energy within those hours to expend!
  • How badly do I want this business?
  • What’s the buzz about this person and company in the e-world?

As I’ve learned with other networkers, taking time to step back and ask these questions is really important.  There are a lot of opportunities to build relationships and it is up to us to make the time for due diligence so we can spend our time/energies in productive relationships.

So, the  ”live” meeting was interesting.  I was able to be direct and let him know that I have good information to consider. And now I have more work to do before jumping in.  So help me out please….

When you look at professional networking opportunities, what are some of the questions you ask yourself before deciding how to proceed?  What are the “rules” of getting good information to make a good decision?

Look Beyond the “Cover”

Have you heard the advice “Don’t judge a book by its cover?”  The recent media frenzy around Susan Boyle reminds us why.  I finally watched the video of Susan’s audition (see below) and realized there is a great sales tip in Susan Boyle.  Look or hear beyond what the ‘cover” is and you may find gems of business!

susan-boyleHave you heard of Susan?  The Brit with awesome talent whose outside “package” is absolutely no indication of what she can deliver.  She auditioned on Britain’s Got Talent (the precursor to American Idol) show and surprised everyone in the auditorium with her singing talent – as on first (and second) look she did not “present” well.

Prospects can be like that too.  At first glance sales reps make quick assumptions that might bite them later.  A couple of true stories…

A sales rep who sells higher end home furnishings was convinced that many people only came into the store to browse and get decorating ideas.  And that he could spot them and not waste her time with them.  That week a young couple came in and he dismissed them as they were  young and dressed very casually.  Instead of greeting them and assisting them he thought he’d let a co-worker deal with them while he waited for someone who would be a better prospect.  Guess what?  They had loads of money and needed to furnish a new house.  Within hours they purchased tens of thousands of dollars of goods and the co-worker had a great commission from it. 

In another situation, the sales executive scheduled a meeting with a prospect and was re-directed to a “representative” for the owner once they arrived for the meeting  .  She was sure that this meeting was now a waste of her time.  But she followed through with her plan because “at least” she’d gather some good information to use when she got to the real decision maker later.  As she asked her questions and listened, she found that this person could actually make the decision!  The sales cycle was actually reduced because the decision was made in the meeting and the request for a Services Agreement was requested.

The tip?  Don’t judge a prospect by first impression.  Appearances may keep you from talking to people that are good potential clients.  Dig in with questions and research to make sure they aren’t a qualified prospect before moving on.  The outside cover might not give you the true “story” of what is inside. 


P.S. Click here to watch the YouTube video of Susan’s audition for Britain’s Got Talent – watching the judges realization of what is on stage is priceless. When have you had a realization that you almost passed on a good thing?

10 Ways to Increase Sales Using Drip Marketing

Need to nurture pre-sales relationships?  Today’s guest post is by Melissa Blair, a Certified Marketing Automation Coach and techie who is always on the front end of new technology.  Melissa shares specific ways for you to keep in touch with your prospects and be top of mind when they are ready to buy!

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If you’re in sales you already know that prospects are not always ready to buy when you’re ready to sell.  Drip Marketing is a term used to describe an automated system that uses emails, newsletters, direct mail and postcards to continually drip out information to your list of prospects and customers.  Developing a strategy for keeping in contact on a continuing basis is what will cause a prospect to buy from you rather than from one of your competitors.

sstand-out-from-competitionLet’s examine more closely how drip marketing can increase your sales:

1. Build a relationship– Sending out regular messages to your target market allows you to share information about your business and assures the prospect that your relationship with them will not end with the sale.  

2. Presell your prospects – Educate them and help them do their research.  When they’re ready to make a purchase, who do you think they’re going to call?  

3. Be persistent –Marketing experts recommend you have some sort of contact every 10-21 days to keep your name foremost in your prospects’ minds.   Think about what information you already have that you could divide up and send to your prospect list.   Brochures, white papers, manuals, FYI emails, etc.

4. Become the expert – Supplying your prospects with evidence that you know what you’re talking about will develop your image as an expert.   What have you accomplished that positions you as a leader in your industry?  Don’t be afraid to self-promote!

5. Be yourself –Studies have shown that prospects are more likely to make a purchase from someone they know and trust rather than a stranger who is selling a similar product.  Don’t be afraid to let your personality shine.  Let them see that you are a real person and that you care.

6. Mix it up – Prospects are bombarded with messages every day.  It’s hard to cut through all the clutter in order to get your message noticed.  Use a combination of email, postcards, direct mail, automated voice messaging, phone calls, Twitter, Facebook, etc.   You never know which of your messages will connect with which prospect. 

7. Fix your follow-up failure – An automated marketing database will allow you to make sure that no one falls through the cracks.  Think of all the people you’ve met at networking events and trade shows.  What about referrals and your past customers?  If you’re like most salespeople, you have a pile of business cards on your desk with the intent to follow-up.  Unless you have an automated system, regular follow-up rarely happens and many sales are lost. 

8. Target your audience – As you have probably discovered, your target market can be divided into various subsets. Using a database allows you to further segment your market and personalize your messages accordingly. Your prospects will become purchasers if they can relate to your sales message, which will be different for every segment of your target market.

9. Eliminate your slow sales times –Just as people are nearing the end of one marketing cycle and making purchases, new people will just begin receiving your information, thus continuing the cycle.  If you automate your marketing messages – such as via email auto responders or postcard campaigns – you will have a steady stream of sales. 

10. Appreciate your current customers – Now that you have a customer base that has bought a product, you can use drip marketing to up-sell or cross-sell them to other products or services you offer.   Your current customers are a goldmine as they already know and trust you. 

While planning a drip marketing campaign will take time, the effort is well worth the investment.  Once your automated system is set-up,  it will decrease the amount of time you spend in trying to manually follow-up with people and increase the amount of sales you can make each month.

For a free report on Drip Marketing from Melissa Blair, click here. You can reach her at Melissa@cultivatingsales.com or call 262-347-9678.