This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The, “I am happy and satisfied with my current supplier…” objection , has and still plagues sales people. Usually, when you ask the buyer about their current supplier, it seems the longer they have been with the supplier, the less your chances for getting your foot in the door. Sales Person.
Every day, I hear from sales people who are confused, frustrated or defeated by facing what they feel is a nearly insurmountable objection: “I am sorry, but I am very happy with my current supplier/vendor. We have been doing business with them for many years and have no reason to change…” This position strikes terror [.]
One of the hardest situations for a salesperson to deal with is when a prospect is using an existing supplier and is satisfied with the arrangement. Often, clients get used to a supplier and fall. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
“As in other studies we’ve done, this year’s enablement study found that sales process and sales methodology adoption rates above 75% resulted in above-average gains for revenue plan attainment, quota attainment, and win rates, with a big boost at adoption rates greater than 90%.” increase in revenue plan attainment 17.1%
From the customer’s point of view there are 4 types of relationships that they have with their suppliers. STAGE 2 – THIRD PARTY SUPPLIER. STAGE 3 – THE VALUE ADDED SALES PERSON. MTD SalesTraining | Sales Blog | Image at Bigstockphoto.com. Order Taker? Trusted Advisor? Or Cheese Monster?
One of the biggest changes in sales over the years has nothing to do with selling itself. The process of sales is evolving as technology, globalisation and communication methods advance and progress. What makes a buyer decide to be loyal to a supplier? MTD SalesTraining | Sales Blog | Image courtesy of Big Stock Photo.
We do quite a few surveys with buyers of our services and it’s always intriguing to find out why they buy from us. Many times we have been surprised by their answers or their responses to. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
These questions and countless others often show salespeople are looking at sales from an old, out-of-date, perspective. Let the buyer recognise how their business would be better off with your company as a supplier than without you. Many buyers will become extremely loyal to suppliers who help them make their business successful.
A family friend told me recently how she had a total change in the way she viewed her job, and asked me if I could help her get back the motivation she once had. Naturally, I helped her out. But her. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
If you’re purely giving information, you may approach a client differently than if you wished to motivate them to change suppliers. MTD SalesTraining | Sales Blog | Image courtesy of Big Stock Photo. The post 5 Ways To Ensure Great Sales Communications appeared first on MTD SalesTraining.
Jeff Gittomer states that ‘value is what you do up-front before the sale, and what you do during the relationship. Many times, customers will say that the only time they hear from a supplier is when that company wants to sell them something. Be a supplier who is really interested in the company you are dealing with.
We were working with a client recently who asked us if we could discuss strategies on how to become a preferred supplier to their customers. . My consultant asked them, “Why do you want to only become a preferred supplier?”. Preferred supplier is only level 2!” . Level Two is the Preferred Supplier. Happy Selling!
Episode 8 – Satisfaction With Current Suppliers, Building Quality Case Studies & A Quote From Patricia Fripp. This podcast includes: Satisfaction with current suppliers. The post Satisfaction With Current Suppliers, Building Quality Case Studies & A Quote From Patricia Fripp appeared first on MTD SalesTraining.
My contention however is that there are but two real objections , and understanding this will help you close more sales today. Sales Objections. Competition : The prospect objects, due to the competition or that they are happy with their current supplier. MTD SalesTraining. Over 10,000 sales pros have.
However, most sales people launch into a plethora of “rebuttals” in attempt to overcome this non-objection, resulting in nothing but a virtual fight. YOU know how you can serve their needs better than their current supplier can. The sales process is an educational one. Sales Person: “Hi, Liam. Sales Person: “Good!
Yes, there are now many alternative prospecting avenues available to the astute sales person. However, in most sales processes, cold or warm, you still have to make a call. I know it seems obvious that when you call to set an appointment, you are not calling to try to make the sale over the telephone. MTD SalesTraining.
Two minutes into the sales interaction, the prospect is demanding to know the price. Sales Person. If I told you I have a house for sale and the price is £50,000, what would that mean? Sales Person. Sean McPheat MTD SalesTraining. Have you downloaded my latest report “The Sales Person’s Crisis”?
Asking open-ended sales questions—and making an intention to listen to the response thoughtfully—allows your reps to connect with prospects and customers and gather the information needed to recommend the best possible solution. Use this guide to understand open-ended questions and the best ways your salespeople can use them on sales calls.
Instead, your real value lies in developing your overall sales skills, so you help your clients to improve their business over time. Without the ability to be recognised as a key player at the social level, you run the risk of working incognito, and this cannot help you develop your overall sales skills in the long term. Happy Selling!
Sometimes it may be a ploy used by the customer, to either boost their own ego or to bypass the stringent processes the company use decide the supplier list they are going to use. Doing that may well help you get to the next stage in the sale if the person does have influence with the final decision-maker. Happy Selling! Sean McPheat.
This is an interesting and, for some salespeople, a ‘killer’ response from a prospect when you are presenting your solutions. Your product may be the best in the market…you may have all the. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Peter Bowen is an industry expert and panel member at the Event Supplier and Service Association. Are you judging success by the number of leads, sales, visitors, conversions, or the amount of brochures you give out? Bestselling Author, Sales Authority & Speaker On Modern Day Selling Methods . MTD SalesTraining.
When we ask buyers what they look for in their suppliers, we often get a response along the lines of ‘we want someone we can trust and makes us look good in some way’. Objection Handling advice on how to handle objections how to deal with sales objections' This is a fairly obvious. [[ This is a content summary only.
2017 has been a great year for MTD having won the CIPD Best HR/L&D Supplier 2017 & the Personnel Today Best HR Supplier Partnership Award Winner 2017, and I hope its been a successful year for you too! 19 Sales Tips For Closing The Sale. What Great Sales Managers Do Daily. MTD SalesTraining.
Many times, we meet salespeople who are struggling to meet their targets and are trying desperately to gain more sales, sometimes through cold-calling. 4) Build the relationship outside of the sales cycle. 10) Be the kind of supplier they would wish to contact without feeling pressured. 5) Find out who their customers are.
It is very common for even some of the most experienced sales people to under qualify or incorrectly qualify DMs on the telephone and there are three basic reasons for this. Qualifying mistakes often happen due to the sales person seeking the prospect with a particular job title. . #2 MTD SalesTraining. 1 – The Title.
Now, instead of focusing on transactional sales, salespeople must be capable of building long-term relationships beyond the initial sale and maintain their standing as trusted business advisors to your customers. A consultative sales approach is the skill they need in order to do that. What Is a Consultative Sales Approach?
When we talk to buyers, we often ask what inspires them to remain loyal to suppliers. Many suppliers actually think it’s good value, cheap prices and quality products. Many buyers consider their suppliers to be exactly that…a supplier. MTD SalesTraining | Sales Blog | Image courtesy of Big Stock Photo.
Are you using online sales meetings throughout your sales process? Do it wrong and it can completely ruin the sale! See if you can bunk off work early and say you’ve got a sales meeting somewhere”. We run a LIVE webinar training event on how to hold interactive online meetings and webinars. The lesson?
Unless you’re working with customers who are purely in transactional mode, the holy grail of sales is gaining repeat business. Here are some ideas to work with: 1) Ask what makes your customer use specific suppliers. MTD SalesTraining | Sales Blog | Image courtesy of Big Stock Photo. Happy Selling!
They have knowledge about competitors’ products and services at their fingertips, which means it’s critical that your salespeople can overcome sales objections quickly and confidently. It’s your sales team’s job to bring value to a decision maker and help them make the decisions that are best for them and their company.
So you’ve arrived 30 minutes early and you’re sitting in your car ready to go in and visit a prospect and you’ve made the cardinal sin and have not done any sales preparation for this meeting! Well, here are 5 areas to prepare for the sale now so it will give you more focus: Know Your Objectives. Shame on you!
Sales is a complicated, never-ending process of building relationships with prospects, building trust, answering questions, and moving the whole procedure through to the commitment stage. If you don’t evolve your sales processes accordingly, you may be left behind when it comes to customer expectations. What exactly is a sales process?
Tweet Share Sales Truth: Salespeople become known by the questions they ask. This is a 100% price driven sale. Find out a little bit about the prospect’s business so you can go into the sales call with answers and ideas that may get the prospect excited enough to buy. See Jeffrey Live! Hire Jeffrey. Who is Jeffrey?
If you haven’t already, it’s time your sales team abandons outdated “used car sales” tactics to reach their quota. So, sales organizations need focus on improving their sellers’ sales skills and strategic thinking abilities. Customers today have more information, more choices, and freedom.
When negotiating to get the higher price , to close the deal or the sale for the most money, take these steps: 1. With our service your sales team will close more sales and finally overtake your competition…”. For instance, you request that the supplier include two new laptops for your field sales team.
Find out how the relationship is going with their current supplier, and if there is anything they are still looking for that they are nor enjoying with that supplier. Many of your sales will have been made to companies who weren’t interested at first, but afterwards saw the advantages of dealing with you. Happy Selling!
For many, this is a key reason to choose a supplier. MTD SalesTraining. The post 6 Questions To Ensure You Build Value For Your Customers appeared first on MTD SalesTraining. “How convenient is it to buy from us?” ” This is all about ease of use and ease of contact. Happy Selling! Sean McPheat.
One of those things that often goes by the wayside is proper and complete preparation for a sales presentation. This is a vital part of the whole client-supplier journey, so if it’s not right now, the prospect will wonder what kind of service they will get in the future. MTD SalesTraining. Start as you mean to continue.
Treat The Vendors And Suppliers With Which You Do Business As Partners. . By providing value for your current client, you’ll find it easier for them to think of colleagues, suppliers, customers and prospects that would find your information useful and valuable. MTD SalesTraining | Sales Blog | Image courtesy of Big Stock Photo.
Sales negotiation can be a source of dread for many sales professionals. With the right sales negotiation strategy & sales negotiation skills training, even this part of the sales process can remain warm and result in a mutually beneficial outcome for all parties.
You may go 50 calls with no sales in the future and you may feel like you’re in a slump when all it is are your averages catching up with you. Can you find out who their existing supplier is? MTD SalesTraining. A 100% strike rate is not sustainable. Have Clear Objectives In Your Mind. What are you going to do then?
In this day of supply chain issues and extended delivery times, their sales teams are struggling to stay motivated. What’s a sales manager to do? Share updates from suppliers. Finally, remind them that all suppliers are struggling with delivery and ultimately this too is an opportunity to develop trust.
Field sales is an important part of your business, but the cost of bringing in new clients (and the chances of doing so) should always come second to nurturing and developing the clients you already have. Interestingly, key accounts might not be mostly about sales. These are the clients that matter. So, in short, key accounts matter.
We organize all of the trending information in your field so you don't have to. Join 105,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content